Property score
83.6
Excellent
Overall 83.6 · Larger and newer than most nearby homes
1,706 sqft (top 18%) · Built in 2012 (22 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
33% 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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83.6 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
78 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 221 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 41% | Top 10% | Top 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 22% | Top 30% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 78 Tychonick Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 78 Tychonick Bay in The Meadows presents a compelling blend of space, modernity, and value. Built in 2012, it is a notably newer home compared to most in Winnipeg, ranking in the top 10% city-wide for its year of construction. It offers 1,706 sqft of living space, which is comfortably above the city and neighbourhood averages, situated on a generous 6,335 sqft lot.
The primary appeal lies in its positioning. While its assessed value is below the immediate street average, it stands well above average for both The Meadows area and the entire city. This suggests a property that offers more modern amenities and space for the dollar within a desirable neighbourhood. The lot size is also a significant asset, providing ample outdoor space that is above average for the street and community.
This home would suit buyers looking for a move-in ready, modern property without needing to build new. It’s ideal for growing families or professionals who value both indoor living space and a sizable yard in a established area. The data indicates it may offer a relative value opportunity for someone prioritizing a newer home on a good-sized lot in The Meadows over a similar investment on a more expensive street.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold in the $500k-$550k range in 2021. Its current assessed value of $50,600 is significantly lower, which is typical as municipal assessments often lag behind market values and use a different valuation method. The sale price is a more current indicator of its market worth.
2. Is the home older or newer than others nearby?
It is newer than most. Built in 2012, it ranks in the top 1% of homes in The Meadows by age, meaning it is one of the most recently built properties in the entire community.
3. What does the "below average" assessed value for the street mean?
This indicates that, among the 88 comparable homes on Tychonick Bay, this property’s assessed value is in the lower tier (ranked 69th). This isn’t necessarily negative; it can mean the home was purchased later than others on the street or that assessments vary. Its value is still strong in the broader context of the neighbourhood and city.
4. How much outdoor space does the property have?
The lot is 6,335 sqft, which is above average for both Tychonick Bay (top 15%) and The Meadows area. This provides a substantial backyard compared to many neighbouring properties.
5. Where can I see more detailed comparisons with nearby homes?
A neighbourhood analysis map is available for this property, allowing you to visually compare its year built, living area, assessed value, and lot size directly against surrounding houses on a map.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
