3 Perry Bay

Mission Gardens, Winnipeg

Property score

68.6

Good

Overall 68.6 · Larger than most nearby homes

1,262 sqft (top 28%) · Built in 1976 (12 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 4 schools, and 3 parks nearby

Living Area

Above average

9% larger than neighborhood avg.

Year Built

Below average

12 yrs older than neighborhood avg.

Mother tongue

English · 77%French · 4%

Past 10 years Mission Gardens sales snapshot (~80% of all data)

Sold Count

456

Median price

413k

$/sqft

$355/sqft

Avg build year

1988

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Property score

68.6 is composed by the two sections below.

Property Score

65.7Good
Living Area1,262 sqft66Good
Year Built197667Good
Lot Size5,697 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

73.0Good
Household Income84Excellent
Education Level34Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health42Low

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110818

Community deep dive

$98K

Median household income

$112K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

15%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)262
Labour force participation rate56%
Median age47.6
Avg household size2.6
Unemployment rate14%
Population density2911 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children30%
Median household income (2020)$98K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$372K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority36%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,262 sqft
0255075100
Same streetTop 5%Same areaTop 28%CitywideTop 44%
Same street · Perry Bay
#2 / 40
Top 5% · Avg 1,009 sqft
Same area · Mission Gardens
#379 / 1,366
Top 28% · Avg 1,162 sqft
Citywide · Winnipeg
#86,424 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
371k
0255075100
Same streetTop 10%Same areaTop 44%CitywideTop 47%
Same street · Perry Bay
#4 / 40
Top 10% · Avg 346.9k
Same area · Mission Gardens
#598 / 1,366
Top 44% · Avg 373.4k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

Elite
1976
0255075100
Same streetTop 3%Same areaBottom 32%CitywideTop 39%

Lot Size

around average
5,697 sqft
0255075100
Same streetTop 40%Same areaTop 31%CitywideTop 39%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

3 Perry Bay — 8 amenities found within 500 m, across 3 categories, including 1 dining (nearest 473 m), 4 education (nearest 142 m), 3 parks (nearest 180 m).

Search radius
🍽️Dining1
🏫Education4
🌳Parks3

Crime & Safety

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%

Sales History

Sold 6/2024CA$350k–400k
Sold price

Same street

Top 27%

Same area

Top 29%

City-wide

Top 38%
Sold 3/2019CA$250k–300k
Sold price

Same street

Bottom 18%

Same area

Bottom 33%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 3 Perry Bay, Winnipeg

Property Overview

3 Perry Bay is a well-established home in Winnipeg's Mission Gardens neighbourhood. Built in 1976, it sits on a spacious 5,700 sqft lot and offers 1,262 sqft of living space. Recent sales data shows it sold in the $350k-$400k range in 2024. Its appeal lies in its strong positional value within its immediate street and area, offering more space and a newer build than many direct neighbours, while presenting a solid, average value proposition for the wider city.

Key Characteristics & Ideal Buyer

This home stands out on its own street. It has one of the newest builds on Perry Bay (top 3%) and significantly more living area than the street average (top 5%), making it a notably above-average property in its micro-location. The lot size is consistent with the area, and its assessed value is strong locally. This creates a compelling profile: a home that offers modern conveniences relative to its immediate peers without an extreme premium.

The property would suit a practical buyer who values neighbourhood character and space over a brand-new build. It’s ideal for someone who understands the value of being a "big fish in a small pond"—owning one of the more substantial and updated homes on a mature street. It also appeals to those looking for a manageable yard in a settled community, potentially a young family or downsizers seeking single-level living in a 50-year-old home.


Frequently Asked Questions

1. How does this home truly compare to others in Mission Gardens?
While its living space is above average for the broader Mission Gardens area (top 28%), its overall assessed value is right at the neighbourhood median (top 44%). This suggests you're getting more house for a typical area price, with the premium being its superior standing on its specific street.

2. What might the sold price ranges indicate about the market?
The 2024 sale price ($350k-$400k) placed it in the top 30% for its area, a significant jump from its 2019 sale position (top 67%). This indicates growing buyer appreciation for its specific attributes, likely its size and relative age on the street, outpacing general area appreciation.

3. Is the Year Built (1976) a concern?
On Perry Bay, it's an advantage (newest on the street). For the city, it's slightly newer than the average Winnipeg home. This means major components like the roof, windows, and systems are likely from a more modern era than many neighbours but may still be due for updates or preventative maintenance.

4. How usable is the land area?
At 5,697 sqft, the lot is very typical for both the street and the city. It offers ample backyard space for gardening or recreation without being overly large to maintain, fitting the classic Winnipeg residential lot profile.

5. Why is the city-wide assessed value average so much higher?
The city-wide average assessed value shown (~$390k) includes all home types across Winnipeg. This home's assessment ($371k) is more reflective of its specific market segment. The key takeaway is that its value is strong on its street and average for its area, which is a stable position.

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