Property score
72.4
Good
Overall 72.4 · Compared with neighbourhood average
1,104 sqft (bottom 42%) · Built in 1988 (2 yrs older than avg)
Located in a high-income area with median household income of ~105k
Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Near average
14% smaller 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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72.4 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
54 Sand Point Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 304 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 38% | Top 33% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 54 Sand Point Bay, Winnipeg
Key Characteristics & Appeal
This 1988-built home in the Meadows neighborhood presents a specific value proposition centered on its generous 6,400 sqft lot, which is notably larger than many in the immediate area and across the city. The 1,104 sqft living space is more compact compared to others on its street, but is closer to the average for the wider neighborhood. This creates a distinct dynamic: a home with a modest footprint on a sizable piece of land. The assessed value is positioned below average for Sand Point Bay but aligns with the median for the Meadows area.
Its primary appeal lies in the land itself, offering ample outdoor space for gardening, recreation, or future expansion in a well-established community. It suits practical buyers who prioritize yard size over interior square footage, such as downsizers seeking private outdoor space, first-time buyers looking for a manageable home with room to grow, or value-oriented investors attracted by the below-street-average assessment. It’s a property where the potential of the lot is a key feature, appealing to those who see value in what can be done with the land as much as the existing structure.
Frequently Asked Questions
1. How does the home’s size compare to its neighbors?
The living area is smaller than the average home on Sand Point Bay, but is more in line with the typical size found across the broader Meadows neighborhood. The lot size, however, is significantly larger than most in the area.
2. What does the assessed value indicate?
The current assessed value is below the average for its own street, but is around the median mark for the Meadows community. This can sometimes indicate a more affordable entry point into the street or signal a property where the improvements (the house) are valued less than the land.
3. Is there room for an addition or major renovation?
The substantial lot size provides a clear advantage for potential expansions, subject to local zoning and building bylaws. The discrepancy between the lot size and the home’s footprint suggests physical space may not be the limiting factor.
4. What is the sales history?
Public records indicate the home sold between $400,000 and $450,000 in 2022. For precise historical sold prices, you can request the exact figures directly via the provided email service.
5. How does the age of the home compare?
Built in 1988, the home is of a similar vintage to many in the Meadows area. It is newer than the average home across the entire city of Winnipeg, placing it in a reasonably modern cohort for the market.
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