Property Overview: 50 Tychonick Bay, Winnipeg

Key Characteristics & Appeal

This home at 50 Tychonick Bay in the Meadows neighbourhood is a standout property defined by its generous space and modern build. With 2,245 square feet of living area, it ranks in the top 6% on its street and an elite top 1% within the broader Meadows area, offering significantly more room than most local homes. Built in 2012, it is a relatively newer construction, ranking in the top 1% for its age in the neighbourhood. The lot size of 6,318 sqft is comfortably above average for the area, providing ample outdoor space.

The primary appeal lies in its combination of size, modernity, and established location. It’s a home that offers the space of a much larger property without the upkeep of an older build. The data suggests it’s a premium offering within a desirable community, not just a standard family home. It last sold between $400k-$450k in 2018, and its current assessed value of $573,000 continues to reflect its strong market position.

This property would best suit buyers who prioritize interior square footage and a modern foundation over having the absolute largest yard. It’s ideal for growing or multi-generational families seeking move-in-ready space, or for professionals who value the efficiency of a newer home but don’t want to compromise on room to grow. It also represents a sound, data-backed investment for someone looking at long-term value in a well-regarded area.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data is clear: this home is larger and newer than the vast majority of homes in the Meadows area. Its living space is in the top 1% for the neighbourhood, and it’s newer than 99% of area homes, offering a distinct advantage over typical inventory.

2. What does the assessed value of $573,000 indicate?
The assessed value is well above average for the street, neighbourhood, and city, placing it in the top 2% in Meadows. This typically reflects the property’s superior size, modern age, and overall market position as a higher-value asset in the area.

3. The home sold in 2018. Is there a way to know the exact price?
The public record shows a sale price range of $400,000-$450,000 for 2018. The listing service offers to provide the exact sold price via a manual email request, which they aim to fulfill by the end of the same day.

4. Is the lot size a pro or a con?
The lot is above average for the Meadows area (top 17%), providing good outdoor space. However, it is closer to the city-wide average. This indicates the property’s appeal is more weighted toward the interior living space and modern build than on an exceptionally large yard.

5. What are the less obvious points to consider?
A key perspective is balance: you’re getting a top-tier home in its immediate area without an extreme property size that demands high maintenance. Also, being built in 2012 means major components like the roof, HVAC, and windows are likely still in good condition but may be approaching the age where some updates or preventative maintenance could be considered in the coming years.