220 Butterfly Way

Sage Creek, Winnipeg

Property score

90.2

Excellent

Overall 90.2 · Larger and newer than most nearby homes

2,394 sqft (top 9%) · Built in 2023 (7 yrs newer than avg)

Located in a high-income area with median household income of ~126k

Transit 74.0 · 3-min walk to transit with 2 nearby routes

Living Area

Above average

25% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 66%French · 5%

Past 10 years Sage Creek sales snapshot (~80% of all data)

Sold Count

1,309

Median price

616k

$/sqft

$360/sqft

Avg build year

2016

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Property score

90.2 is composed by the two sections below.

Property Score

91.8Excellent
Living Area96
2,394 sqftExcellent
Year Built100
2023Excellent
Lot Size67
5,058 sqftGood
Neighbourhood Sales Activity84
Excellent

Community Score

87.8Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health90
Excellent

Neighbourhood Sales

Sage Creek

How to read: Share of sales in each ~$50k price band for “sage creek” (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: #46111210

Community deep dive

$126K

Median household income

$140K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

16%

Single-person households

45%

Families with children

Population, labour & age

Population (2021)7,391
Labour force participation rate76%
Median age35.2
Avg household size3.0
Unemployment rate5%
Population density2058 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households16%
Couple families with children45%
Median household income (2020)$126K

Housing

Renter households28%
Condominium dwellings6%
Median dwelling value (owners)$516K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority32%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 66%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

Elite
2,394 sqft
0255075100
Same streetTop 22%Same areaTop 9%CitywideTop 4%
Same street · Butterfly Way
#2 / 9
Top 22% · Avg 2,182 sqft
Same area · Sage Creek
#209 / 2,224
Top 9% · Avg 1,922 sqft
Citywide · Winnipeg
#7,375 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
928k
0255075100
Same streetTop 11%Same areaTop 4%CitywideTop 1%
Same street · Butterfly Way
#1 / 9
Top 11% · Avg 758.7k
Same area · Sage Creek
#86 / 2,224
Top 4% · Avg 596.7k
Citywide · Winnipeg
#2,628 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2023
0255075100
Same streetBottom 33%Same areaTop 7%CitywideTop 1%

Lot Size

around average
5,058 sqft
0255075100
Same streetBottom 11%Same areaBottom 42%CitywideBottom 47%

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

Search radius
No data within 500 m.

Crime & Safety

Sage Creek · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Violent

67%

Sales History

Sold 9/2024CA$850k–900k
Sold price

Same street

Bottom 1%

Same area

Top 4%

City-wide

Top 1%

Related homes

Highlights & common questions: 220 Butterfly Way, Winnipeg

Property Overview & Appeal

This two-storey home at 220 Butterfly Way in Sage Creek is a modern, low-maintenance property built in 2023. Its key appeal lies in its combination of a newer build, a fully renovated basement, and above-average space for its immediate area. With 2,394 sqft of living space on a 5,058 sqft lot, it ranks in the top quarter of its street for size and is notably larger than many nearby homes. The attached garage and lack of a pool contribute to its practical, family-friendly layout.

The home’s strongest suit is its financial and positional standing within the broader market. It holds the highest assessed value on its street and ranks in the top 3% of its neighbourhood, suggesting it is perceived as a premium property in the area. This would suit buyers looking for a move-in ready, modern home in a sought-after suburban community who value both space and the security of a newer construction. It’s particularly well-suited for those who want a home that already has a finished basement, avoiding a major future project, and for buyers who appreciate a property that stands out in terms of assessed value within its local context.


Frequently Asked Questions

1. How does the sold price from September 2024 compare to the current assessed value?
The home sold for $86.30k in September 2024, which is approximately 7% below its current assessed value of $92.80k. This recent sale provides a concrete, modern benchmark for the property’s market value.

2. What does the "ranking" data actually tell me about this property?
The rankings compare this home to others on its street, in Sage Creek, and across Winnipeg. They show it is a leader in its immediate area for lot size and assessed value, and is newer than 99% of homes in Winnipeg. This indicates a premium position locally within a generally new neighbourhood.

3. Is the basement renovation reflected in the assessed value?
While the listing confirms the basement is renovated, the assessed value is a municipal valuation for tax purposes and may not capture the full market value of recent renovations. The recent sale price may be a better indicator of what the market currently pays for the home with its finished basement.

4. Who would this home not be ideal for?
This property may not suit buyers seeking an older, character-filled home or those wanting a large, private yard, as the lot is standard for the area. It also may not fit buyers looking for a "fixer-upper" or project, as it is a newer build with a finished basement.

5. How does it compare to the other homes on Butterfly Way?
It has the highest assessed value on the street and is one of the largest homes by living area. The data shows only one other direct neighbour on Butterfly Way with a listed living area, and 220 Butterfly Way is significantly larger, offering more interior space than most immediate comparables.