Property score
49.5
Below average
Overall 49.5 · Smaller and older than most nearby homes
720 sqft (bottom 2%) · Built in 1971 (4 yrs older than avg)
Located in a above-average income area with median household income of ~66.5k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 1 school, 4 parks, and 1 bank/ATM nearby
Living Area
Below average
50% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 7%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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49.5 is composed by the two sections below.
Property Score
Community Score
Minnetonka
How to read: Share of sales in each ~$50k price band for “minnetonka” (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: #46111003
$67K
Median household income
$77K
Average household income
25%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.4
P90 / P10 ratio
25%
Single-person households
23%
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
106 Bright Oaks Bay — 12 amenities found within 500 m, across 5 categories, including 5 dining (nearest 398 m), 1 education (nearest 82 m), 4 parks (nearest 147 m).
Minnetonka · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -87%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Top 46% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 106 Bright Oaks Bay presents a distinct profile defined by its generous lot and compact living space. Built in 1971, it is one of the newer homes on its street. The primary characteristic is the significant contrast between a 7,152 sqft land area—which is larger than most lots on the street and city-wide—and a modest 720 sqft living area, which is notably smaller than neighbouring and area averages.
Its appeal lies in the potential of the sizable, private lot in the Minnetonka area, offering ample outdoor space for gardens, recreation, or future expansion. The assessed value is positioned around the middle range for the neighbourhood, suggesting a relatively accessible entry point for the area. This property would best suit a buyer looking for a land-focused opportunity, such as a downsizer seeking minimal indoor upkeep with generous outdoor space, or a visionary buyer interested in a long-term renovation or rebuild project on an established lot. It is less suited for those requiring substantial or modern finished living space immediately.
Frequently Asked Questions
1. Why is the living area so much smaller than nearby homes?
The home was built in 1971, and its 720 sqft footprint is characteristic of more compact housing styles from that era or potentially a purpose-built bungalow. It ranks in the bottom 2% for size on its street, making it a unique, smaller-scale home in the area.
2. How does the lot size compare, and what are the implications?
The 7,152 sqft lot is a key feature. It ranks in the top 26% on its street and top 16% city-wide for size, meaning it offers significantly more outdoor space than many properties. This allows for greater privacy, landscaping potential, and future possibilities like an addition.
3. What does the assessed value tell us about this property?
With an assessed value of $38,500, it sits near the median for Bright Oaks Bay and the wider Minnetonka area. This indicates the property is valued in line with the neighbourhood, but that value is likely weighted more toward the land than the existing structure.
4. The home last sold between 2021-2025 for an estimated $350k-$400k. What does that suggest?
The sold price range significantly exceeds the assessed value, which is common as assessments lag market values. That sale price indicates the market price for the property's combined location and lot potential, even with a smaller home.
5. Who would be the most likely buyer for this home?
The ideal buyer values land over square footage. This includes those looking to downsize without sacrificing yard space, investors or builders considering future development, or buyers seeking affordability in the neighbourhood with plans to renovate or expand over time.
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