86.0
Excellent
Property score
86.0
Excellent
Overall 86.0
Larger and newer than most nearby homes
2,267 sqft (top 1%)
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: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
76% 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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86.0 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
59 Tychonick Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 166 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 9% | Top 2% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 59 Tychonick Bay, Winnipeg
Key Characteristics & Appeal
This home at 59 Tychonick Bay in The Meadows neighbourhood stands out primarily for its generous living space and modern age. With 2,267 square feet of living area, it ranks in the top 5% of homes on its street and the top 1% within the broader Meadows area, offering significantly more room than most local comparables. Built in 2012, it is a relatively modern property, ranking among the newest 8% on its street and the newest 1% in the neighbourhood. The lot size is standard for the area at just over 5,000 square feet. Its assessed value is above average for the wider area but aligns closely with the norm for Tychonick Bay itself.
The appeal lies in securing a spacious, modern home in an established neighbourhood without the premium often attached to brand-new builds. It suits buyers looking for move-in-ready space for a growing family, or those downsizing from a larger home but who still desire ample room. A thoughtful perspective is that this property represents a "sweet spot" – it's modern enough to avoid major near-term renovations, yet has settled into a mature streetscape. Its value ranking is stronger in the wider context of the city and Meadows than on its immediate street, suggesting it might offer better value when compared to the broader market than against its direct neighbours.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The home sold in 2023 for an estimated $550,000-$600,000. Its current assessed value is $548,000. This indicates the assessment is closely aligned with its recent market price.
2. Is the living space unusually large for the area?
Yes. The home's living area is in the 99th percentile for The Meadows and the 95th percentile city-wide, meaning it offers more interior space than the vast majority of comparable homes in these zones.
3. What does the "Elite" ranking for Year Built in The Meadows mean?
Ranking in the top 1% for year built in The Meadows means this 2012-built home is among the very newest in the entire neighbourhood, which has an average home build year of 1990. It offers modern construction in a mature area.
4. How can I see this property in context with its neighbours?
You can use the provided link to open a detailed neighbourhood analysis map. This tool allows you to visually compare this home's year built, living area, assessed value, and lot size against nearby houses.
5. How do I find out the exact historical sold price?
The exact sold price is available by request. You can submit your email via the provided form to receive the precise figure manually, as public records often show ranges. The service states it does not use emails for unsolicited marketing.
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