71.5
Good
Property score
71.5
Good
Overall 71.5
Older than most nearby homes
1,384 sqft (top 37%)
Built in 1979 (11 yrs older than avg)
Located in a high-income area
with median household income of ~103k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% larger than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 86%French · 2%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
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71.5 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: #46110864
$103K
Median household income
$102K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
18%
Single-person households
32%
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
7 Culross Bay — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 272 m), 5 parks (nearest 282 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 5% | Top 13% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Culross Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 7 Culross Bay in the Meadows neighbourhood presents a solid, value-oriented opportunity. Built in 1979, it’s an established property on a standard-sized lot. Its primary appeal lies in its above-average living space (1,384 sq ft) compared to other homes on its street and its notably high assessed value ranking within its immediate area, suggesting it is viewed as a premium property on its block. The home last sold in the $450k-$500k range in 2023.
The property suits practical buyers who prioritize space and value within a mature neighbourhood. It’s ideal for someone looking for a home that stands out positively on its street in terms of size and municipal assessment, without paying for a new build or an exceptionally large lot. A thoughtful perspective is that while the home is older, its strong assessment ranking could indicate well-maintained condition or desirable upgrades. Buyers should be prepared for the maintenance typical of a 47-year-old home but can be confident they are acquiring a property that compares favourably in its micro-location.
Section 2: Frequently Asked Questions
1. What does the high assessed value ranking on the street actually mean?
It means that, according to the municipal tax assessment, this home is valued in the top 8% of 53 comparable properties on Culross Bay. This often reflects factors like lot location, living area, improvements, or condition relative to neighbours.
2. The home was built in 1979. What should I consider?
While the structure is mature, its assessed value suggests it has been maintained or updated. A thorough inspection is crucial to understand the condition of major systems like roof, windows, plumbing, and electrical, which may be at or beyond their typical lifespan.
3. How does the last sold price (2023) relate to today’s value?
The $450k-$500k sale from 2023 is a recent data point, but the market can change. It establishes a firm baseline and shows strong past demand. Current value will depend on market trends, any changes made to the home since then, and present-day conditions.
4. Is the lot size a pro or a con?
At just under 5,500 sq ft, the lot is very typical for the Meadows area. It offers standard backyard space for a family but isn’t oversized. This is a neutral characteristic—it aligns with neighbourhood norms and keeps yard maintenance manageable.
5. Why is the "city-wide" assessed value comparison so much higher?
The city-wide average assessed value shown (~$390k) seems to be an error in the source data, as it doesn't align with the local averages. Reliable comparisons are the "same street" and "same area" metrics, which show this home’s assessment is above average on its street and average for the broader Meadows neighbourhood.
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