53.5
Fair
Property score
53.5
Fair
Overall 53.5
Smaller than most nearby homes
833 sqft (bottom 10%)
Built in 1978 (10 yrs older than avg)
Located in a high-income area
with median household income of ~89k
Transit 70.0
2-min walk to transit with 1 nearby route
Within 500m: 1 dining spot, 2 schools, 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
28% smaller than neighborhood avg.
Year Built
Near average
10 yrs older than neighborhood avg.
Mother tongue
English · 77%Tagalog · 7%
Past 10 years Mission Gardens sales snapshot (~80% of all data)
456
413k
$355/sqft
1988
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53.5 is composed by the two sections below.
Property Score
Community Score
Mission Gardens
How to read: Share of sales in each ~$50k price band for “mission gardens” (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: #46110817
$89K
Median household income
$89K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
19%
Single-person households
27%
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
27 Rizzuto Bay — 7 amenities found within 500 m, across 3 categories, including 1 dining (nearest 437 m), 2 education (nearest 304 m), 4 parks (nearest 118 m).
Mission Gardens · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Top 48% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 27 Rizzuto Bay, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This 833 sqft bungalow, built in 1978, sits on a generous 5,299 sqft lot in the Mission Gardens neighbourhood. Its key appeal lies in a balance of established community and relative value. While the living space is notably compact compared to most area homes, the property holds its own with an assessed value that is consistently average for its street, neighbourhood, and city. A standout feature is its build year; on its own street, it ranks as the newest home, suggesting potentially fewer age-related issues than its immediate neighbours.
The property would suit a first-time buyer, downsizer, or pragmatic investor seeking an entry point into a stable Winnipeg neighbourhood without a premium price tag. The large lot offers valuable outdoor space or future expansion potential, which is a significant asset not fully reflected in the current home size. It’s a home for those who prioritize land and location over square footage, understanding that the value may be in the underlying property rather than the existing structure.
Section 2: Frequently Asked Questions
1. Is the home’s smaller living area a concern?
Yes, it’s a defining characteristic. At 833 sqft, it is significantly below the average for the area. Buyers should be comfortable with a compact layout or have a plan for a potential future addition, for which the lot size provides room.
2. What does the “Elite” ranking for year built mean?
This indicates 27 Rizzuto Bay is the newest house on its street (ranked 1 out of 38). In practical terms, it may have younger major components, like the roof or furnace, compared to its immediate neighbours, which can mean lower near-term maintenance costs.
3. How does the assessed value relate to market price?
The assessed value ($35,600) is for municipal tax purposes. The last known sale (2021) was in the $300k-$350k range. Market value is determined by current supply, demand, and condition, so a professional appraisal and comparative market analysis are essential.
4. What is the neighbourhood like?
Mission Gardens is an established, mature neighbourhood. The close proximity of similarly valued homes on streets like Woodfield Bay and Elmhurst Road suggests a consistent, mid-range property value environment without extreme highs or lows.
5. How can I find out the exact past sale prices?
The provider offers a manual service to share exact sold price history. You can submit your email request directly on the property page for a detailed reply, typically by the end of the same business day.
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