Property score
54.1
Fair
Overall 54.1 · Smaller than most nearby homes
889 sqft (bottom 18%) · Built in 1976 (12 yrs older than avg)
Located in a high-income area with median household income of ~89k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 4 schools, and 3 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Below average
12 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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54.1 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
74 Perry Bay — 7 amenities found within 500 m, across 2 categories, including 4 education (nearest 221 m), 3 parks (nearest 219 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 45% | Top 41% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 74 Perry Bay, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home at 74 Perry Bay is a study in contrasts, offering a compelling mix of modest living space on a generous lot. Built in 1976, the 889 sqft house is smaller than average for both the immediate area and the wider city, positioning it as a more efficient, manageable footprint. This is balanced by a nearly 6,000 sqft lot that ranks well above average for the Mission Gardens neighbourhood, offering significant outdoor space and potential.
Its appeal lies in this land-to-building ratio. For the right buyer, the value is in the parcel itself—the home represents a solid, entry-level opportunity with room to grow, garden, or expand. The assessed value is strong for its street, suggesting the property is well-regarded in its immediate context. It last sold between $300k-$350k in 2021.
This property would best suit practical first-time buyers, downsizers seeking a manageable home with generous yard space, or value-oriented investors who see potential in the lot size. It’s for someone who prioritizes land over square footage and is comfortable with a home that may require updates reflective of its era.
Frequently Asked Questions
1. Is the house in need of major updates?
Given its age (50 years), prospective buyers should budget for typical maintenance and updates common to homes from the 1970s. A thorough inspection is recommended to assess the condition of major systems.
2. How does the smaller living area impact livability?
At 889 sqft, the floor plan will be compact. This appeals to those seeking efficient, low-maintenance living but may feel restrictive for those needing multiple dedicated rooms or ample storage. The generous lot can offset this by providing extended living space outdoors in warmer months.
3. What does the above-average lot size mean for me?
The nearly 6,000 sqft lot is a standout feature. It provides privacy, space for recreation, gardening, or future additions like a shed, deck, or even an expansion of the home itself, subject to local zoning.
4. The assessed value seems low compared to the last sale price. Why?
Municipal assessed value for tax purposes often lags behind market value and is calculated using a specific formula. The 2021 sale price range ($300k-$350k) is a more current indicator of its market worth, though conditions have changed since then.
5. What is the neighbourhood like?
Mission Gardens appears to be an established, mature neighbourhood with a mix of home ages and sizes. The data shows consistency in year-built and values on Perry Bay, suggesting a stable, well-kept street.
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