80.7
Excellent
Property score
80.7
Excellent
Overall 80.7
Larger and newer than most nearby homes
1,695 sqft (top 19%)
Built in 2012 (22 yrs newer than avg)
Located in a high-income area
with median household income of ~105k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
32% 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)
637
475.6k
$441/sqft
1990
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80.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111253
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
175 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 182 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 34% | Top 8% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
175 Tychonick Bay is a well-maintained, modern home in Winnipeg's Meadows neighbourhood. Built in 2012, its key appeal lies in its relative newness compared to most homes in the city and its efficient, above-average living space. With 1,695 sqft of living area, it offers more room than roughly 80% of homes in the broader Meadows area and citywide, while sitting on a standard urban lot just under 5,000 sqft.
The home’s value proposition is nuanced. Its assessed value is notably lower than the average on its own street, which could indicate a value opportunity for buyers looking in this specific area. However, that same assessment is well above average for the Meadows and city overall, suggesting the property holds its value strongly in the wider market. This positions it as a modern, low-maintenance home that is newer than 90% of Winnipeg's housing stock, ideal for professionals, small families, or downsizers seeking a contemporary layout without the premium of a brand-new build. It suits a buyer who prioritizes move-in readiness and efficient use of space over a sprawling lot, and who is savvy enough to explore why its valuation stands out on its immediate block.
Frequently Asked Questions
How does the home's value compare to its neighbours?
The home’s assessed value is below the average for Tychonick Bay itself, but ranks well above average for the larger Meadows area and the entire city. This suggests it may represent good value within its immediate street while being a solid asset in the broader market.
Is the home considered large for the area?
Yes. With 1,695 sqft, it has more living space than approximately 80% of homes in the Meadows neighbourhood and across Winnipeg, making it a comfortably sized property.
What are the implications of the 2012 build year?
Built just 14 years ago, this home is newer than about 90% of properties in Winnipeg. This typically means fewer immediate maintenance concerns, modern building standards, and updated systems compared to the city's older housing inventory.
How does the lot size compare?
The 4,960 sqft lot is very typical—ranking near the middle of the pack—for its street, the Meadows area, and the city. It provides standard outdoor space for a suburban home without being exceptionally large or small.
What was the recent sale history?
The property sold in 2023 for an estimated price between $500,000 and $550,000. That sale price ranked within the top 13% city-wide at the time, indicating strong market performance.
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