65.3
Good
Property score
65.3
Good
Overall 65.3
Smaller but newer than most nearby homes
961 sqft (bottom 27%)
Built in 2005 (17 yrs newer than avg)
Located in a high-income area
with median household income of ~108k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 4 schools, 2 parks, and 2 fuel stations nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Above average
17 yrs newer than neighborhood avg.
Mother tongue
English · 65%Tagalog · 6%
Past 10 years Mission Gardens sales snapshot (~80% of all data)
456
413k
$355/sqft
1988
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
65.3 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: #46110819
$108K
Median household income
$115K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
13%
Single-person households
34%
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
52 George Lawrence Bay — 8 amenities found within 500 m, across 3 categories, including 4 education (nearest 190 m), 2 parks (nearest 308 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 33% | Top 15% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 52 George Lawrence Bay in Winnipeg's Mission Gardens neighborhood presents a practical and straightforward opportunity. Built in 2005, it's a relatively modern property in a city with many older homes. With 961 square feet of living space, it is notably compact compared to local averages, suggesting a manageable layout. The lot size of just over 5,000 square feet is consistent with the area. The home last sold between $400,000 and $450,000 in 2022, and its current assessed value is around $40,000—a figure that reflects municipal tax assessment, not market value.
Key Characteristics & Appeal
The primary appeal of this property lies in its modern build year within an established neighborhood, offering a balance of contemporary infrastructure without the premium of a brand-new home. Its below-average square footage makes it a candidate for first-time buyers, downsizers, or investors seeking a lower-maintenance property. The lot size is typical for the street, providing adequate outdoor space without being burdensome.
A thoughtful perspective is that this home represents a "middle-of-the-road" option in its immediate vicinity. It doesn't rank at the top for size or value on its street, but it also isn't at the bottom, positioning it as a stable, average holding in the area. This can be appealing to a buyer seeking predictability and less competition than a standout property might attract. It would suit a pragmatic buyer who prioritizes a newer build over sheer space and is comfortable with a cozy footprint.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sold price?
The assessed value (approximately $40,000) is for municipal tax purposes only and is not an indicator of market value. The market value is better reflected by the 2022 sale price of $400,000-$450,000.
2. How does the living space compare to nearby homes?
At 961 sq ft, the living area is below the average for Mission Gardens (1,162 sq ft) and for the city overall. This indicates a more compact home, which can mean lower utility costs and less upkeep.
3. Is the 2005 build date a significant advantage?
Yes, particularly city-wide. Compared to the Winnipeg average home built in 1966, this property is decades newer, which often suggests updated building standards, younger major systems (like roof and HVAC), and potentially fewer immediate renovation needs.
4. What can the "rankings" tell me about this property?
The rankings show how this home compares to peers. For example, its build year is in the top 23% for the area, a positive. Its living area size ranks in the bottom 27% for the area, highlighting its compact nature. These stats help gauge its relative strengths.
5. How can I find out the exact historical sold price?
The exact sold prices are not publicly displayed. The listing service offers to provide this information manually via email upon request, at no cost and without marketing spam.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
