Living Area
—
Property score
62.9
Fair
Overall 62.9 · Compared with neighbourhood average
Located in a high-income area with median household income of ~103k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
No data
Compared with neighborhood avg.
Year Built
No data
Compared with neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
At the time of the last annual property tax assessment, this parcel was still vacant land, so we do not have related building information to show yet. A new home may exist by now—if you need accurate details, contact us using the option in the lower-right corner of the page and we will provide timely information.
Past 10 years South Pointe West sales snapshot (~80% of all data)
Sold Count
707
Median price
580.2k
$/sqft
$342/sqft
Avg build year
2021
Need help understanding this property?
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
Get the full property report
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- fullReportItemRecentNeighborhoodSold Count
Free · No credit card required
Property score
62.9 is composed by the two sections below.
Property Score
49.9Low
Living Area50
Fair
Year Built50
Fair
Lot Size38
3,003 sqftLow
Neighbourhood Sales Activity83
Excellent
Community Score
82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent
Neighbourhood Sales
South Pointe West
How to read: Share of sales in each ~$50k price band for “south pointe west” (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: #46111257
Community deep dive
$103K
Median household income
$120K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
13%
Single-person households
44%
Families with children
Population, labour & age
Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²
Households & income
Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K
Housing
Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K
Diversity, education & language
Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
below average112k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%
Same street · Bear Creek Bay
#3 / 2
Bottom 1% · Avg 405.5k
Same area · South Pointe West
#1,291 / 1,290
Bottom 1% · Avg 514.4k
Citywide · Winnipeg
#192,716 / 194,458
Bottom 1% · Avg 390.1k
Year Built
—
Lot Size
below average3,003 sqft
0255075100
Same streetBottom 1%Same areaBottom 11%CitywideBottom 11%
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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
56 Bear Creek Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 478 m).
Search radius
🌳Parks1
Sales History
56 Bear Creek Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
56 Bear Creek Bay · Sold transaction data notes
Data Source
Sold price data is compiled from publicly available government information, with a current database size of about 90,000 records. After basic verification, it is highly useful for reference, but it should not be the only basis for buy/sell decisions.
This platform does not source data from the MLS system, so no MLS copyright issue is involved.
Data Coverage
Coverage period is from January 2016 to April 2025, with only partial months included for 2018 and 2025.
Data Precision
Not signed in→Sold prices are shown as ranges (one band per $50,000), no exact sold price shownSigned in→Exact sold prices are visible, with more complete data reference
Is Current Data Suitable for You
Due to industry association restrictions, this platform does not integrate MLS sold records and does not display original MLS data. Current sold data shown here comes from public government records and includes some properties sold outside MLS, so coverage can sometimes be broader than MLS.
Suitable for: market trend judgment, price range reference, rough valuation
If you need exact pricing, pre-offer decisions, or full history, request more accurate data via the method below.
How to Get More Accurate Data
Submit your email below. As licensed Manitoba real estate agents, we will manually query authoritative data, verify accuracy, and reply by email.
⏱ Response time: by the same evening at the latest.
Privacy & Commitment
No advertising or marketing emails
No misuse of your email information
All requests are only for data inquiry service
Request exact sold prices and history by email
Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 56 Bear Creek Bay, Winnipeg
Property Overview & Key Characteristics
This property at 56 Bear Creek Bay is a land-only listing in Winnipeg's South Pointe West neighbourhood. Its primary appeal lies in the value and potential represented by the lot itself. The 3,003 sqft parcel ranks very highly in size compared to most properties in Winnipeg and its immediate area. The assessed value is consistent with other vacant lots in the vicinity, as seen with the comparable listings on Ken Oblik Drive and Bear Creek Bay.
This offering would suit a specific type of buyer: someone looking to build a custom home in a established neighbourhood, an investor holding land for future development, or a buyer seeking a lower point of entry into the area with the intention of constructing a home to their own specifications. The appeal is less about immediate move-in readiness and more about the opportunity it presents. A thoughtful perspective is that while the lot size is a strong asset, the value is intrinsically tied to the costs and timelines of future construction, making it a project-oriented purchase rather than a traditional home buy.
Frequently Asked Questions
1. Is this a home or just land?
This is a land-only listing. There is no existing house, garage, or basement on the property. You are purchasing the lot with the intention of building.
2. Why is the assessed value so much lower than some nearby properties?
The assessed value reflects the value of the vacant land only. Nearby properties with homes, such as the one on Crystal Lake Terrace, have assessments that include the value of the dwelling, hence the significant difference.
3. What does the ranking information mean?
The rankings compare this lot's attributes (like its size) against other properties on the same street, in the neighbourhood, and across Winnipeg. For example, ranking in the top 11% for land area means this is a larger-than-average lot, which is a key feature.
4. Can I see what the lot looks like?
The listing suggests viewing nearby addresses like 539 Ken Oblik Drive and 3 Crystal Lake Terrace for reference on the area's character and lot styles. Due diligence, including a site visit or consulting a survey, is essential to understand the lot's specific topography and conditions.
5. What are the main considerations before purchasing?
Key considerations include researching and budgeting for all costs of new construction (permits, building materials, labour), confirming zoning bylaws and any restrictive covenants with the city, and arranging financing suitable for a land purchase and subsequent build.