31 Stoney Lake Bay

Meadows, Winnipeg

Property score

78.2

Good

Overall 78.2 · Newer than most nearby homes

1,459 sqft (top 34%) · Built in 2002 (12 yrs newer than avg)

Located in a high-income area with median household income of ~105k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

13% larger than neighborhood avg.

Year Built

Above average

12 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

78.2 is composed by the two sections below.

Property Score

76.2Good
Living Area1,459 sqft75Good
Year Built200287Excellent
Lot Size5,799 sqft74Good
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

around average
1,459 sqft
0255075100
Same streetTop 49%Same areaTop 34%CitywideTop 33%
Same street · Stoney Lake Bay
#24 / 49
Top 49% · Avg 1,409 sqft
Same area · Meadows
#664 / 1,959
Top 34% · Avg 1,286 sqft
Citywide · Winnipeg
#63,797 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
476k
0255075100
Same streetTop 10%Same areaTop 22%CitywideTop 24%
Same street · Stoney Lake Bay
#5 / 49
Top 10% · Avg 430.8k
Same area · Meadows
#439 / 1,959
Top 22% · Avg 409.1k
Citywide · Winnipeg
#46,289 / 194,458
Top 24% · Avg 390.1k

Year Built

Elite
2002
0255075100
Same streetTop 2%Same areaTop 21%CitywideTop 17%

Lot Size

above average
5,799 sqft
0255075100
Same streetTop 29%Same areaTop 25%CitywideTop 37%

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

31 Stoney Lake Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 246 m).

Search radius
🌳Parks3

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 10/2016CA$350k–400k
Sold price

Same street

Top 50%

Same area

Top 37%

City-wide

Top 36%

Related homes

Highlights & common questions: 31 Stoney Lake Bay, Winnipeg

Property Overview

This home at 31 Stoney Lake Bay in Winnipeg's Meadows neighbourhood presents a balanced offering with standout underlying value. Built in 2002, it is a notably newer construction compared to most homes on its street and in the wider area. With 1,459 sqft of living space and a 5,799 sqft lot, its size is comfortably average for the community, providing ample room without being oversized.

The primary appeal lies in its strong value proposition. The home's assessed value ranks in the top 10% on its own street and above average in the broader area, suggesting it is viewed favorably relative to its peers. This combination of newer construction and solid assessment, paired with a standard family-sized layout, makes it a practical and financially sensible choice. It would suit buyers looking for a move-in-ready home in a stable neighbourhood who appreciate the lower maintenance and modern systems that come with a newer build, as well as those who see value in a property with a strong assessed valuation foundation.

Frequently Asked Questions

1. How does this home’s age compare to others nearby?
This home was built in 2002, making it one of the newest on Stoney Lake Bay. It ranks in the top 2% for year built on its street, where the average home was built around 1990.

2. Is the assessed value high for the area?
Yes. The assessed value of $47,600 ranks above average on its street, in the Meadows area, and city-wide. This indicates the property holds a strong value position compared to similar homes.

3. What was the last sold price?
Public records show a sale between CA$350,000 and $400,000 in 2016. For the exact historical sold price, you can request the information directly via email.

4. How does the lot size compare?
The 5,799 sqft lot is above average for both the immediate street and the Meadows neighbourhood, offering a good amount of outdoor space.

5. Where can I see more details about the surrounding houses?
A neighbourhood analysis map is available, allowing you to compare this property with nearby homes based on year built, living area, assessed value, and lot size.

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