Property score
65.3
Good
Overall 65.3 · Smaller than most nearby homes
924 sqft (bottom 12%) · Built in 1973 (2 yrs older than avg)
Located in a high-income area with median household income of ~113k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 79%French · 7%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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65.3 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: #46110994
$113K
Median household income
$122K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
18%
Single-person households
33%
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
4 Cromer Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 387 m), 3 parks (nearest 452 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 | Top 25% | Top 36% | Top 30% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 23% | Bottom 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 4 Cromer Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 4 Cromer Bay in the Minnetonka neighbourhood presents a distinct profile centered on its generous lot. Built in 1973, the 924 sqft house sits on an 8,721 sqft property—a lot size that ranks well above average for its street, area, and the wider city. This creates a notable dynamic: the living space is modest and below the local averages, but the outdoor space is a significant asset.
The primary appeal lies in this land-to-building ratio, offering ample room for gardening, expansion, or outdoor recreation in a mature neighbourhood. Its assessed value is relatively moderate for the area, suggesting a potentially accessible entry point into the market. The home’s recent sale history indicates steady market interest.
This property would best suit practical buyers who prioritize land over a large existing footprint. It’s a fit for first-time homeowners comfortable with a cozy interior, downsizers seeking manageable indoor space with room to garden, or investors/renovators who see potential in the substantial lot for future improvements or additions. It appeals to those who find value in outdoor privacy and potential, rather than in move-in-ready, expansive square footage.
Section 2: Frequently Asked Questions
1. Is the house small for the neighbourhood?
Yes. The living area of 924 sqft is below the average for comparable homes on Cromer Bay, in Minnetonka, and across Winnipeg. The home’s standout feature is its lot, not its interior size.
2. What does the "above average" lot ranking mean?
The 8,721 sqft lot is larger than over 90% of residential lots city-wide and is the largest among the nine directly comparable properties on Cromer Bay. This is the property's most competitive statistical advantage.
3. How has the property’s value changed recently?
Public data shows a sold price range of CA$400k–450k in 2024, up from a range of CA$300k–350k when it sold in 2019. This indicates appreciation, though exact figures require direct inquiry.
4. What is the neighbourhood context for this value?
The home’s assessed value is around the street average but below the average for the wider Minnetonka area. This suggests it may be priced accessibly within a desirable location, with property taxes likely reflecting the lower assessment.
5. What are the less obvious considerations?
A home from 1973 on a large lot may mean higher relative costs for exterior maintenance (e.g., fencing, landscaping) and potential updates to older building systems. The value proposition hinges heavily on how much a buyer will utilize or develop the land to offset the smaller interior.
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