170 Tychonick Bay

Meadows, Winnipeg

Property score

85.4

Excellent

Overall 85.4 · Larger and newer than most nearby homes

2,279 sqft (top 1%) · Built in 2012 (22 yrs newer than avg)

Located in a high-income area with median household income of ~105k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

77% larger than neighborhood avg.

Year Built

Above average

22 yrs newer than neighborhood avg.

Mother tongue

English · 58%Punjabi · 12%

Past 10 years Meadows sales snapshot (~80% of all data)

Sold Count

637

Median price

475.6k

$/sqft

$441/sqft

Avg build year

1990

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Property score

85.4 is composed by the two sections below.

Property Score

88.1Excellent
Living Area2,279 sqft96Excellent
Year Built201294Excellent
Lot Size4,892 sqft60Fair
Neighbourhood Sales Activity53Fair

Community Score

81.3Excellent
Household Income87Excellent
Education Level72Good
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Meadows

How to read: Share of sales in each ~$50k price band for “meadows” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111253

Community deep dive

$105K

Median household income

$113K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)5,276
Labour force participation rate76%
Median age36.4
Avg household size2.9
Unemployment rate7%
Population density2536 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households18%
Couple families with children38%
Median household income (2020)$105K

Housing

Renter households30%
Condominium dwellings4%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority47%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Punjabi · 11%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,279 sqft
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 5%
Same street · Tychonick Bay
#3 / 88
Top 3% · Avg 1,778 sqft
Same area · Meadows
#25 / 1,959
Top 1% · Avg 1,286 sqft
Citywide · Winnipeg
#10,291 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
549k
0255075100
Same streetTop 31%Same areaTop 6%CitywideTop 13%
Same street · Tychonick Bay
#27 / 88
Top 31% · Avg 534.2k
Same area · Meadows
#117 / 1,959
Top 6% · Avg 409.1k
Citywide · Winnipeg
#24,928 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2012
0255075100
Same streetTop 8%Same areaTop 1%CitywideTop 10%

Lot Size

around average
4,892 sqft
0255075100
Same streetBottom 8%Same areaBottom 35%CitywideBottom 41%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

170 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 232 m).

Search radius
🌳Parks1

Crime & Safety

Meadows · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

78%

Sales History

Sold 3/2025CA$550k–600k
Sold price

Same street

Top 16%

Same area

Top 3%

City-wide

Top 9%

Related homes

Highlights & common questions: 170 Tychonick Bay, Winnipeg

Property Overview: 170 Tychonick Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 170 Tychonick Bay in the Meadows neighbourhood presents a compelling profile defined by its spacious interior and modern age. Built in 2012, it is a notably newer home compared to most in Winnipeg, placing it in the top 10% city-wide for year built. Its primary appeal lies in its generous 2,279 sqft of living area, which ranks within the top 3% of homes on its own street and the top 1% within the broader Meadows area. This creates a rare offering of ample modern living space.

The property’s assessed value is above average for both the neighbourhood and the city, suggesting a solid perceived value. A thoughtful perspective is that while the lot size (4,892 sqft) is slightly below the street average, it is on par with the area norm, indicating a efficient use of land with a focus on the home itself rather than extensive yard space. This home would ideally suit buyers looking for a move-in ready, modern property where interior space is a priority over a large garden. It appeals to growing families or professionals who value a newer build with less immediate maintenance and who appreciate being in a well-established area among predominantly older homes.

Section 2: Frequently Asked Questions

1. How does the lot size impact the property?
While the lot is slightly smaller than others on Tychonick Bay, it is average for the Meadows area. This often translates to less yard maintenance while still providing private outdoor space, making it a practical choice for those who prefer a lower-maintenance exterior.

2. What does the "Elite" ranking for living area mean?
This ranking indicates the home's interior square footage is among the very highest when compared to similar properties. On its street, it's in the top 3%, and in the entire Meadows area, it's in the top 1%. You are getting significantly more indoor space than is typical.

3. The home sold recently. What did the sale price indicate?
The 2025 sale price range placed it in the top 3% for the Meadows area and top 9% city-wide, confirming strong market demand for a property with these characteristics—namely, a large, modern home in a mature neighbourhood.

4. Is the assessed value a reliable indicator of the property tax?
The assessed value is the basis for municipal property taxes. This home's assessment is above average for the area, so prospective buyers should budget for property taxes commensurate with a higher-value home in the Meadows.

5. What is the likely balance of updates versus original build?
As a 2012 build, major systems (roof, HVAC, windows) are likely original but still relatively young, potentially offering a long period before costly replacements. The interior may reflect 2012-era styles, so personal updates would likely be cosmetic rather than essential.

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