Property score
71.8
Good
Overall 71.8 · Compared with neighbourhood average
1,164 sqft (bottom 49%) · Built in 1988 (2 yrs older 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: 3 parks nearby
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Near average
2 yrs older 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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71.8 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
23 Stoney Lake Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 214 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 36% | Top 20% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
23 Stoney Lake Bay is a well-established home in Winnipeg's Meadows neighbourhood, built in 1988. With 1,164 sqft of living space on a 5,799 sqft lot, it presents a specific value proposition. Its appeal lies in its above-average lot size for the immediate area, offering more outdoor space than many neighbours, while the home itself is modest in size. The assessed value is consistent with the street but sits above the city-wide average for comparable properties, suggesting a stable, in-demand location.
This home would suit a practical buyer—perhaps a first-time homeowner, downsizer, or investor—who prioritizes land over a large interior footprint. It’s for someone comfortable with a late-80s build that may need updates, but who values a established community. A thoughtful perspective is that this property represents an opportunity to add value through renovations or an addition, leveraging the generous lot.
1. How does the living area compare to nearby homes?
At 1,164 sqft, the interior is below the average for Stoney Lake Bay itself but is around the average size for both the broader Meadows area and the city overall.
2. Is the assessed value high for this home?
The assessed value of $43.80k is around average for the street and Meadows neighbourhood. Interestingly, it ranks above average city-wide, indicating the property holds its value well compared to many similar homes across Winnipeg.
3. What does the lot size offer?
The 5,799 sqft lot is a key feature, ranking above average for both the street and the Meadows area. This provides more private outdoor space than is typical for the locale.
4. The home was built in 1988. What should I consider?
As a home from the late 1980s, a buyer should budget for potential updates to major systems like roofing, windows, or the HVAC, which may be nearing the end of their service life.
5. Where can I find the exact historical sale price?
The listing indicates a sale occurred in 2023 for an estimated $400k–$450k. The exact sale price is available by request via email from the listing service, which they provide manually without using your email for marketing.
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