55 Long Point Bay

Meadows, Winnipeg

63.8

Fair

Overall 63.8

Smaller than most nearby homes

926 sqft (bottom 19%)

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

Living Area

Below average

28% 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)

Sold Count

637

Median price

475.6k

$/sqft

$441/sqft

Avg build year

1990

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Property score

63.8 is composed by the two sections below.

Property Score

51.4Fair
Living Area926 sqft42Low
Year Built198678Good
Lot Size4,399 sqft53Fair
Neighbourhood Sales Activity53Fair

Community Score

82.3Excellent
Household Income89Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110867

Community deep dive

$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

Population, labour & age

Population (2021)367
Labour force participation rate80%
Median age37.6
Avg household size2.9
Unemployment rate6%
Population density4077 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households15%
Couple families with children34%
Median household income (2020)$112K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$302K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority16%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
926 sqft
0255075100
Same streetBottom 19%Same areaBottom 19%CitywideBottom 19%
Same street · Long Point Bay
#44 / 54
Bottom 19% · Avg 1,157 sqft
Same area · Meadows
#1,589 / 1,959
Bottom 19% · Avg 1,286 sqft
Citywide · Winnipeg
#157,928 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
356k
0255075100
Same streetBottom 35%Same areaBottom 30%CitywideBottom 48%
Same street · Long Point Bay
#35 / 54
Bottom 35% · Avg 375.4k
Same area · Meadows
#1,375 / 1,959
Bottom 30% · Avg 409.1k
Citywide · Winnipeg
#100,496 / 194,458
Bottom 48% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetTop 6%Same areaTop 47%CitywideTop 27%

Lot Size

around average
4,399 sqft
0255075100
Same streetBottom 35%Same areaBottom 26%CitywideBottom 32%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

55 Long Point Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 409 m).

Search radius
🌳Parks1

Crime & Safety

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%

Sales History

Sold 8/2016CA$200k–250k
Sold price

Same street

Bottom 17%

Same area

Bottom 8%

City-wide

Bottom 22%

Related homes

Highlights & common questions: 55 Long Point Bay, Winnipeg

Property Overview: 55 Long Point Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 55 Long Point Bay in the Meadows neighbourhood is a practical and efficiently sized property built in 1986. With 926 square feet of living space, it is notably more compact than most comparable homes in its immediate area and across Winnipeg. This smaller footprint is paired with a manageable 4,399 sqft lot. The assessed value is consistently around the average for its street and neighbourhood, suggesting a stable and fair market positioning.

The primary appeal lies in its efficiency and lower maintenance burden. The smaller interior and lot size translate to less upkeep and lower utility costs, which is a significant advantage for those looking to minimize ongoing expenses. Its year of construction is a relative strength, ranking newer than most on its street and city-wide, which can imply more modern building standards for its era.

This property would best suit first-time buyers, downsizers, or pragmatic investors seeking an affordable entry into the Winnipeg market. It’s for those who prioritize financial efficiency and manageable upkeep over spaciousness, offering a comfortable home without the excess that often comes with higher costs.


Section 2: Frequently Asked Questions

1. Is the living area too small?
At 926 sqft, the home is significantly smaller than the neighbourhood average. It’s designed for efficient living and would feel cramped for a large family but is perfectly functional for individuals, couples, or small families who value cozy, easy-to-maintain spaces.

2. How does the assessed value compare?
The assessed value of $35,600 is very typical for its immediate street and the broader Meadows area. This indicates the property is not overvalued relative to its local market, providing a solid baseline for purchase considerations.

3. What does the "newer" year built mean for this home?
Built in 1986, this home is newer than 94% of homes on its street. For a 40-year-old property, this is a positive, suggesting it may have benefited from construction standards of the mid-80s and could have undergone updates in more recent decades than much older stock.

4. What are the implications of the lot size?
The lot is slightly smaller than average for the Meadows area. This means less yard work and lower outdoor maintenance, which is a benefit for those not seeking extensive gardening or outdoor space. It still provides adequate private outdoor area.

5. How can I find out the exact historical sale price?
The listed sale price ranges are based on public data. To obtain the precise sale price from its last transaction, you must request it directly via the email service provided on the listing page. The service promises a manual reply by the end of the same day.

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