Property score
64.4
Fair
Overall 64.4 · Smaller but newer than most nearby homes
916 sqft (bottom 21%) · Built in 2006 (18 yrs newer than avg)
Located in a high-income area with median household income of ~108k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 4 schools, 2 parks, and 2 fuel stations nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Above average
18 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
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64.4 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
55 George Lawrence Bay — 8 amenities found within 500 m, across 3 categories, including 4 education (nearest 187 m), 2 parks (nearest 277 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 | Bottom 11% | Bottom 48% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 George Lawrence Bay, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its modern build year within a well-established neighbourhood. Built in 2006, it is the newest home on its street and is newer than the vast majority of homes in both Mission Gardens and Winnipeg overall. This is its standout feature, suggesting potentially lower immediate maintenance costs and more contemporary building standards.
The appeal lies in this balance of a relatively new structure on a standard city lot, but with a pragmatic footprint. At 916 sqft, the living area is compact, ranking below average for its immediate area. This positions the property as an efficient, low-maintenance home rather than a spacious one. The assessed value is modest and aligns with area averages, indicating a stable, entry-level point in the market.
This property would best suit first-time buyers, downsizers, or investors seeking a modern, "lock-and-leave" type of home in a mature neighbourhood. It’s for those who prioritize the condition and age of the building over square footage. A thoughtful perspective is that its smaller size and newer construction could lead to relatively predictable utility and upkeep costs, offering financial simplicity. However, buyers should be prepared that it offers less interior space than most neighbouring homes.
Frequently Asked Questions
1. Is the assessed value the same as the market price?
No. The assessed value (listed as $38,300) is for municipal tax purposes. The market price is determined by current buyer demand and recent sales, like the home's last sale between $300k-$350k in 2016.
2. What does it mean that the home is "below average" in size for the street?
It directly compares the home's 916 sqft to others on George Lawrence Bay, where the average is about 1,093 sqft. You are getting a newer home, but with less interior space than most on the same block.
3. How can the home be the newest on the street but have a below-average lot size?
The lot is 4,339 sqft, which is smaller than others on the street. This shows the subdivision and layout of newer infill lots can differ from older ones, resulting in a modern home on a serviceable, but not oversized, parcel.
4. The sold price history shows a range. How can I get the exact price?
The exact sale price is not public record in Manitoba. The listing service offers to provide the precise figure via email upon request, which they manually retrieve from proprietary sources.
5. What are the advantages of a home that is newer than most in the area?
Primarily, it may mean fewer major repairs (like roof, windows, furnace) in the near term and compliance with more recent building codes. It also suggests modern materials and layouts, which can be energy-efficient and aesthetically current.
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