53.4
Fair
Property score
53.4
Fair
Overall 53.4
Smaller than most nearby homes
691 sqft (bottom 6%)
Built in 1986 (4 yrs older than avg)
Located in a high-income area
with median household income of ~112k
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
Below average
46% smaller than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 82%Tagalog · 4%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
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53.4 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: #46110867
$112K
Median household income
$122K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
15%
Single-person households
34%
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
2 Long Point Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 323 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 | Bottom 22% | Bottom 12% | Bottom 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 5% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 2 Long Point Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 2 Long Point Bay is a compact, well-situated property in the Meadows neighbourhood. Built in 1986, it is notably newer than many homes on its own street and across Winnipeg. Its primary appeal lies in its efficient scale and a potentially attractive entry point into the market, underscored by a relatively low municipal assessed value.
The 691 sqft living area is significantly smaller than most comparable homes in the immediate area, city-wide, and even on its own street, ranking in the bottom 7-10% for size. This defines the property as a cozy, low-maintenance space. The lot size of 3,999 sqft is also modest for the area. Historically, the home has sold within the $200k-$300k range, most recently between 2020 and 2025.
This property would best suit first-time buyers, downsizers, or investors seeking an affordable, manageable footprint in a mature Winnipeg neighbourhood. Its newer construction (for the street) is a practical advantage, potentially meaning fewer major system updates. The appeal is pragmatic: it offers the benefits of homeownership in an established community without the upkeep of a larger house or yard, ideal for those prioritizing financial accessibility and simplicity.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. At 691 square feet, the living space is considerably smaller than the average home in the Meadows area (approx. 1,286 sqft) and on Long Point Bay itself (approx. 1,157 sqft). It is designed for efficient, low-maintenance living.
2. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value (approx. $390k) includes all property types and sizes. This home’s assessed value (~$32.9k for the building) is more in line with its specific, smaller scale. When compared to similar-sized properties city-wide, its assessment is around the average.
3. What does it mean that it's "newer" than other homes?
Built in 1986, this home is newer than 94% of the homes on Long Point Bay. In practical terms, this could suggest elements like the roof, wiring, or plumbing may have more modern standards or require updates later than those in older, pre-1966 homes common across Winnipeg.
4. What can past sale prices tell me?
The home sold in the $200k-$250k range in 2017 and the $250k-$300k range around 2020. This indicates a history of steady market interest and provides a benchmark for its value trajectory, though current market conditions will determine today’s price.
5. Who should consider this property?
It’s a strong candidate for buyers with a tight budget seeking a standalone home, or for those looking to right-size. Its size and lot require less time and money for maintenance and utilities, appealing to minimalist lifestyles or strategic investors. It is less suited for those needing space for a growing family or extensive amenities.
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