54.6
Fair
Property score
54.6
Fair
Overall 54.6
Smaller than most nearby homes
797 sqft (bottom 8%)
Built in 1984 (6 yrs older than avg)
Located in a high-income area
with median household income of ~103k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 school, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
6 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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54.6 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: #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
88 Culross Bay — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 392 m), 4 parks (nearest 312 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 43% | Bottom 49% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 88 Culross Bay, Winnipeg
Key Characteristics & Appeal
This home at 88 Culross Bay in the Meadows neighborhood presents a distinct profile. Built in 1984, it is one of the newer homes on its street, ranking in the top 4% there for its year of construction. The lot is a standard size for the area at just over 5,000 square feet. The most defining characteristic is its compact living space of 797 square feet, which is notably below the average for the street, neighborhood, and city. This results in a relatively low assessed value, which sits around the average for its immediate area but below the wider city average.
The appeal here is largely practical and financial. It suits first-time buyers, downsizers, or investors seeking an entry point into the Winnipeg market with lower property taxes. The recent sale in the $350k-$400k range suggests it’s positioned as a value option. It’s not a home for those needing ample indoor space, but rather for those who prioritize a newer build (for its street) and a manageable lot. A thoughtful perspective is that this property could represent an opportunity to add value through a thoughtful expansion or renovation, given the decent lot size and the home’s modern age relative to its direct neighbors.
Frequently Asked Questions
1. Is the living area too small for a couple or small family?
At 797 sqft, the home is compact. It would suit a single person, a couple, or potentially a very small family comfortable with efficient living. Its size is significantly below the neighborhood average.
2. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value includes homes of all sizes and types across Winnipeg. This home’s assessed value is aligned with averages in the Meadows area, reflecting its smaller square footage.
3. What does it mean that the home is "Elite" for year built on its street?
This statistical ranking indicates 88 Culross Bay is one of the two newest homes among the 53 comparable properties on Culross Bay, having been built in 1984. It is newer than most of its immediate neighbors.
4. How recent was the last sale, and what was the price?
The home sold in 2024. The publicly available data shows a sold price range of CA$350,000 to $400,000. The exact sale price can be requested directly from the listing service.
5. What are the potential downsides of a home with below-average living area?
The primary consideration is space for belongings, guests, or home offices. Resale may appeal to a specific, narrower market. However, this is often balanced by a lower purchase price and ongoing property tax costs.
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