86.5
Excellent
Property score
86.5
Excellent
Overall 86.5
Larger and newer than most nearby homes
2,102 sqft (top 3%)
Built in 2012 (22 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: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
63% larger than neighborhood avg.
Year Built
Above average
22 yrs newer 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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86.5 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 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 228 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 31% | Top 23% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 54 Tychonick Bay, Winnipeg
Key Characteristics & Appeal
This home at 54 Tychonick Bay in the Meadows neighbourhood presents a compelling package of space, modernity, and established value. Built in 2012, it is a relatively newer home in a city-wide context, likely requiring less immediate investment in major updates. Its primary appeal lies in its generous proportions: with over 2,100 square feet of living space, it ranks within the top 20% on its own street and an elite top 3% within the broader Meadows area, offering significantly more room than local averages. The lot size of over 6,300 square feet is also comfortably above average for the area, providing ample outdoor space.
The home’s assessed value places it in the top 1% of the Meadows area, indicating it is considered a premium property within its community. This suggests not just a well-appointed home, but also a desirable location within the neighbourhood. The data shows it last sold between $400,000 and $450,000 in 2019.
This property would best suit buyers looking for a move-in ready, spacious family home in a established suburban neighbourhood. It appeals to those who prioritize interior space and a newer build within a mature community, and who see value in a home that consistently ranks highly against its peers in key metrics.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows this home is not just above average—it’s a standout in its immediate area. Its living space is in the top 3% for the entire Meadows neighbourhood, and its assessed value is in the top 1%. This indicates it is likely one of the larger and more valuable homes in the community.
2. What does the assessed value tell us?
An assessed value in the 98th-99th percentile for the area strongly suggests the property is considered superior in terms of construction, features, and/or location within Meadows. It’s a formal indicator of its premium standing compared to nearly all neighbouring homes.
3. The home sold in 2019. Is the price history typical?
Its last sold price range placed it in the top 23% for the area at that time, which aligns with its high assessed value. This consistency between past sale price and current assessment indicates a stable, high-value profile rather than a sudden fluctuation.
4. Is a 2012 build considered "new" in Winnipeg?
Yes, in context. Compared to the Winnipeg city-wide average home built in 1966, a 2012 build is significantly newer. Even within Meadows, where the average home was built around 1990, this property is newer than most, offering modern building standards and systems.
5. How usable is the lot size?
At 6,335 sq ft, the lot is larger than about 85% of lots in Meadows. This provides substantial backyard space for recreation, gardening, or additions like a deck or shed, which is a notable advantage in a suburban neighbourhood.
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