86 George Lawrence Bay

Mission Gardens, Winnipeg

64.0

Fair

Overall 64.0

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 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 4 schools, 2 parks, and 2 fuel stations nearby

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)

Sold Count

456

Median price

413k

$/sqft

$355/sqft

Avg build year

1988

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Property score

64.0 is composed by the two sections below.

Property Score

52.2Fair
Living Area961 sqft42Low
Year Built200587Excellent
Lot Size4,324 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

81.8Excellent
Household Income88Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110819

Community deep dive

$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

Population, labour & age

Population (2021)856
Labour force participation rate76%
Median age40.8
Avg household size3.0
Unemployment rate3%
Population density2087 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households13%
Couple families with children34%
Median household income (2020)$108K

Housing

Renter households5%
Condominium dwellings8%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority25%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

below average
961 sqft
0255075100
Same streetBottom 24%Same areaBottom 27%CitywideBottom 23%
Same street · George Lawrence Bay
#25 / 33
Bottom 24% · Avg 1,093 sqft
Same area · Mission Gardens
#992 / 1,366
Bottom 27% · Avg 1,162 sqft
Citywide · Winnipeg
#150,685 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
382k
0255075100
Same streetBottom 15%Same areaTop 39%CitywideTop 43%
Same street · George Lawrence Bay
#28 / 33
Bottom 15% · Avg 411.4k
Same area · Mission Gardens
#532 / 1,366
Top 39% · Avg 373.4k
Citywide · Winnipeg
#84,213 / 194,458
Top 43% · Avg 390.1k

Year Built

above average
2005
0255075100
Same streetTop 36%Same areaTop 23%CitywideTop 15%

Lot Size

around average
4,324 sqft
0255075100
Same streetBottom 18%Same areaBottom 26%CitywideBottom 31%

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

86 George Lawrence Bay — 8 amenities found within 500 m, across 3 categories, including 4 education (nearest 205 m), 2 parks (nearest 337 m).

Search radius
🏫Education4
🌳Parks2
Fuel Stations2

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 10/2024CA$450k–500k
Sold price

Same street

Top 22%

Same area

Top 7%

City-wide

Top 19%

Related homes

Highlights & common questions: 86 George Lawrence Bay, Winnipeg

Property Overview: 86 George Lawrence Bay, Mission Gardens, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a practical opportunity in Winnipeg's Mission Gardens neighborhood. Built in 2005, it is a notably newer construction compared to the city's overall housing stock, suggesting modern building standards and potentially lower immediate maintenance costs. With 961 sqft of living space and a 4,324 sqft lot, the property is compact. Its appeal lies in its efficiency and manageability, offering a turn-key solution for those seeking a low-maintenance lifestyle without the concerns of an older home.

The data reveals a thoughtful perspective: while the home's size is below average for its immediate street and area, its recent sale price performed strongly against local comparables, indicating that buyers value its modern build year and condition. It would suit first-time homebuyers, downsizers, or investors looking for a modern property that is easy to maintain. The lot, while not large, provides adequate outdoor space without being burdensome, aligning with a desire for simplicity. The assessed value is modest relative to the recent sale price, which may be a point of discussion for property taxes.

Section 2: Frequently Asked Questions

1. How does the home's modern build year (2005) balance against its smaller size?
For many buyers, the trade-off is favorable. A newer home like this typically means updated electrical, plumbing, and insulation, reducing the risk and cost of major repairs common in older Winnipeg homes. The smaller square footage translates to lower utility costs and less space to maintain.

2. The lot size is below average for the street. Will this feel restrictive?
This depends on your lifestyle. The lot is still a generous size for a patio, garden, and recreational space, but it may not suit those wanting extensive landscaping, multiple outbuildings, or vast privacy. It aligns well with a low-maintenance yard preference.

3. Why was the recent sale price significantly higher than the assessed value?
Assessed value for municipal taxation often lags behind the current market. The strong sale price, which ranked in the top 7% for the area, reflects what buyers are currently willing to pay for a well-maintained, modern home in today's market, highlighting a potential disparity between tax assessment and market value.

4. What does the "below average" living area ranking mean for daily life?
The floor plan is efficient. It will suit individuals, couples, or small families who prioritize cozy, manageable spaces over expansive rooms. It encourages a simpler lifestyle and may be an excellent fit for those downsizing.

5. Is this a typical home for the Mission Gardens area?
In terms of size and lot, it is slightly more compact than many neighbors. However, its build year is newer than most in the broader area. It represents a more contemporary housing option within an established neighborhood, offering a different profile than the area's older, sometimes larger, stock.

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