187 Tychonick Bay

Meadows, Winnipeg

80.7

Excellent

Overall 80.7

Larger and newer than most nearby homes

1,631 sqft (top 23%)

Built in 2012 (22 yrs newer than avg)

Located in a high-income area

with median household income of ~105k

Transit 82.0

1-min walk to transit with 2 nearby routes

Within 500m: 1 park nearby

Living Area

Above average

27% 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

80.7 is composed by the two sections below.

Property Score

80.3Excellent
Living Area1,631 sqft83Excellent
Year Built201294Excellent
Lot Size4,960 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

above average
1,631 sqft
0255075100
Same streetBottom 31%Same areaTop 23%CitywideTop 24%
Same street · Tychonick Bay
#61 / 88
Bottom 31% · Avg 1,778 sqft
Same area · Meadows
#445 / 1,959
Top 23% · Avg 1,286 sqft
Citywide · Winnipeg
#46,311 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
541k
0255075100
Same streetTop 41%Same areaTop 8%CitywideTop 14%
Same street · Tychonick Bay
#36 / 88
Top 41% · Avg 534.2k
Same area · Meadows
#154 / 1,959
Top 8% · Avg 409.1k
Citywide · Winnipeg
#26,855 / 194,458
Top 14% · Avg 390.1k

Year Built

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

Lot Size

around average
4,960 sqft
0255075100
Same streetBottom 44%Same areaBottom 38%CitywideBottom 43%

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

187 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 196 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 6/2016CA$350k–400k
Sold price

Same street

Bottom 12%

Same area

Top 42%

City-wide

Top 39%

Related homes

Highlights & common questions: 187 Tychonick Bay, Winnipeg

Property Overview: 187 Tychonick Bay, Winnipeg

Key Characteristics & Appeal

This home at 187 Tychonick Bay in the Meadows neighbourhood presents a compelling blend of modern convenience and established community living. Built in 2012, it is a notably newer property compared to most homes in Winnipeg, ranking in the top 1% for its age within the Meadows area. This suggests lower immediate maintenance costs and modern building standards.

With 1,631 sqft of living space, the home offers above-average roominess for both the city and the local area, comfortably accommodating family life. The lot size of 4,960 sqft is typical for its immediate street and neighbourhood, providing standard outdoor space. A key point of appeal is its assessed value positioning; it sits well above the average for Meadows and city-wide, yet is around the median for Tychonick Bay itself. This indicates you are investing in a well-regarded street within a desirable community.

This property would ideally suit practical buyers seeking a move-in ready home in a mature area, who value newer construction without being in a brand-new subdivision. It’s also a strong match for those who appreciate a home that holds its value relative to its surroundings, as evidenced by its strong assessed value rankings.


Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,631 sqft, it offers more living space than the average Winnipeg home and is also above the average for the Meadows neighbourhood. On its own street, it is slightly below the direct peer average, meaning it’s a well-sized home in a street of generally larger properties.

2. What does the assessed value ranking tell me?
The assessment is significantly higher than most homes in Meadows (top 8%) and Winnipeg (top 14%), but average for Tychonick Bay. This often signals a desirable, stable street where property values are consistently strong.

3. As a 2012 build, what are the potential advantages?
Being only 14 years old, major components like the roof, windows, and mechanical systems are likely still in good condition, potentially deferring significant renovation costs. It also benefits from modern energy efficiency and building codes.

4. Is the lot size a constraint?
The lot is very typical for the area. It’s not among the largest, but it is not unusually small either, offering a standard balance between house size and yard space for this community.

5. How can I find out the exact historical sale prices?
The provided sold price ranges are based on public data. For precise sale figures, you can submit your email via the form on the listing page. The service manually retrieves and sends the exact history without using your email for marketing.

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