Property score
80.0
Excellent
Overall 80.0 · Larger than most nearby homes
1,670 sqft (top 20%) · Built in 1988 (2 yrs older than avg)
Located in a high-income area with median household income of ~105k
Transit 76.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby
Living Area
Above average
30% larger 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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80.0 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
3 Sand Point Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 160 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 31% | Top 28% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3 Sand Point Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 3 Sand Point Bay in the Meadows neighborhood presents a compelling mix of space and value. Its key characteristic is its above-average living area of 1,670 sqft, which places it comfortably within the top 20-30% of homes in its immediate area and across Winnipeg. This suggests a home that offers more interior room than many comparable properties. Built in 1988, it is a mature home that may appeal to those preferring established neighborhoods over new subdivisions.
The appeal lies in this balance. You get a notably spacious interior on a standard city lot, but with an assessed value that is below average for its own street and around the median for the wider area. This disconnect between its generous square footage and its valuation could represent a value opportunity for a buyer willing to invest in updates, making it a potential "diamond in the rough." It would suit practical buyers looking for room to grow without a premium price tag, or investors seeking a property with solid fundamentals in a stable area. The recent sale history (2021) indicates active market interest in this specific location.
Section 2: Frequently Asked Questions
1. Is the assessed value of $39,900 the market price?
No. The assessed value is for municipal tax purposes. The actual market price is determined by current buyer demand and recent sales of similar homes, like the property's last sale between $400k-$450k in 2021.
2. How does the home's size compare to others?
Very favorably. With 1,670 sqft of living area, this home is larger than approximately 75-80% of comparable homes in the Meadows area and citywide, making space one of its strongest assets.
3. What does the "below average" assessed value for the street mean?
This indicates that, for property tax purposes, this home is valued lower than most of its direct neighbors on Sand Point Bay. This could be due to factors like the home's condition, specific features, or the timing of assessment. It may result in relatively lower property taxes compared to nearby houses.
4. The home was built in 1988. What should I consider?
A home of this age is likely to have seen updates, but may also require attention to major systems like the roof, windows, furnace, or plumbing. A thorough inspection is essential to understand the condition and any upcoming capital investments.
5. How can I find out the exact past sale prices?
The provider offers a manual service to share precise historical sale data. You can submit your email request directly on the listing page for a detailed reply, typically by the end of the same business day.
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