51.8
Fair
Property score
51.8
Fair
Overall 51.8
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 74.0
4-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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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
50 Long Point Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 421 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 44% | Bottom 21% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
50 Long Point Bay is a compact, single-family home in Winnipeg's Meadows neighbourhood. Built in 1986, its key characteristic is its modest scale: at 691 sqft of living space on a 2,999 sqft lot, it is notably smaller than most homes on its street, in the area, and across the city. This is reflected in its assessed value of $27,500, which is the lowest on Long Point Bay.
The appeal lies in its efficiency and affordability. It represents a rare entry-point into detached home ownership with very low property taxes. It suits minimalist buyers, investors seeking a rental property with a low carrying cost, or someone looking for a small, manageable footprint without the constraints of a condo. A less obvious perspective is that its older construction date (1986) is actually an advantage on its street, making it one of the newer homes in its immediate row, which may suggest more modern building materials or systems than some neighbours.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sold price?
The assessed value ($27,500) is for municipal tax purposes and is based on a provincial formula. The sold price range ($250k-$300k in 2023) reflects the actual market value buyers were willing to pay, which is influenced by market conditions, the home's interior condition, and lot value.
2. Is the living space suitable for a family?
At 691 sqft, the living area is significantly below average. It would likely suit a single person, a couple, or potentially a very small family comfortable with compact living. It is not comparable in size to a typical suburban family home.
3. What does the "Top 100%" ranking for Assessed Value on the street mean?
This means this home has the lowest assessed value (rank 54 out of 54) on Long Point Bay. While this indicates it is the least expensive home on the street for property taxes, the market sale price shows it still holds significant value as a detached property.
4. How does the lot size impact potential for expansion?
The lot is 2,999 sqft, which is smaller than most in the area. While a renovation or addition may be possible, it would be subject to zoning bylaws and may be more constrained than on a larger lot. The compact lot also means minimal exterior maintenance.
5. Where can I see more detailed context about the neighbourhood?
You can use the provided link to "Open neighbourhood map analysis" to see this property in geographic context alongside nearby homes, comparing details like year built, lot size, and assessed value directly on a map.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
