51.8
Fair
Property score
51.8
Fair
Overall 51.8
Smaller than most nearby homes
680 sqft (bottom 3%)
Built in 1986 (4 yrs older than avg)
Located in a high-income area
with median household income of ~112k
Transit 74.0
3-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
47% 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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51.8 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: #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
38 Long Point Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 398 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 11% | Bottom 6% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 38 Long Point Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 38 Long Point Bay in the Meadows neighbourhood is a compact, efficiently sized property built in 1986. Its key characteristic is its modest scale: with 680 sqft of living area and a 2,999 sqft lot, it is significantly smaller than most homes on its street, in the Meadows area, and across Winnipeg. This is reflected in its below-average assessed value of $29,900.
The primary appeal lies in its potential as an affordable entry point into homeownership or as a low-maintenance property. It suits buyers with a practical mindset, such as first-time purchasers, downsizers, or investors seeking a rental property with lower property taxes. A thoughtful perspective is that its smaller physical footprint and older, but not historic, age could translate to simpler upkeep and predictable systems for a handy owner. While not a feature for everyone, its size ranking—consistently in the bottom tier among peers—clearly defines it as a niche property for those prioritizing financial accessibility and manageability over space.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based heavily on the property's specific characteristics, primarily its relatively small living area and lot size compared to the broader Winnipeg market. It is assessed in line with similar, smaller homes in its immediate area.
2. What does the "Top 96%" ranking for living area mean?
This statistic means that 96% of comparable homes on Long Point Bay have a larger living area. It is a comparative metric confirming this is one of the more compact homes on the street.
3. Is the 1986 build date a concern?
The home is 40 years old, which is newer than many in Winnipeg overall but average for the Meadows area. While major components like the roof or furnace may be due for inspection or replacement due to age, the build year itself is not unusual for the neighbourhood.
4. How can I find out the exact past sale price?
The listed sale price is a public data range. You can request the exact historical sale price by providing your email via the button on the detail page. The service manually retrieves this data and does not use your email for marketing.
5. How does the lot size impact potential for expansion or outdoor space?
At just under 3,000 sqft, the lot is smaller than most in the area. This likely limits possibilities for major additions but may be suitable for a patio or low-maintenance landscaping, aligning with the home's overall theme of simplicity.
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