57.8
Fair
Property score
57.8
Fair
Overall 57.8
Smaller than most nearby homes
828 sqft (bottom 7%)
Built in 1983 (3 yrs newer than avg)
Located in a high-income area
with median household income of ~93k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 3 dining spots, 1 shop, 1 park, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 37%Tagalog · 25%
Past 10 years Tyndall Park sales snapshot (~80% of all data)
985
345k
$360/sqft
1980
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57.8 is composed by the two sections below.
Property Score
Community Score
Tyndall Park
How to read: Share of sales in each ~$50k price band for “tyndall park” (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: #46110211
$93K
Median household income
$108K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
8%
Single-person households
35%
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
28 Code Street — 6 amenities found within 500 m, across 4 categories, including 3 dining (nearest 349 m), 1 shopping (nearest 361 m), 1 parks (nearest 224 m).
Tyndall Park · WPS public data · 2026
Annual incidents
23
2026
vs. city avg
-22%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
70%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 6% | Top 18% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 28 Code Street, Tyndall Park
Key Features & Ideal Buyer
This bi-level home at 28 Code Street is a practical and competitively positioned property in Winnipeg's Tyndall Park neighbourhood. Its key characteristic is a renovated basement, adding valuable finished living space to the 828 sqft main floor. The home sits on a decently sized lot (4,249 sqft) and includes a detached garage.
The primary appeal lies in its strong value proposition and recent transaction history. It sold very recently (December 2024) for $37,300k, which was a significant premium over its $32,500k assessed value and ranks in the top 2% of recent sales on its street. This suggests the market recognized upgrades or potential not fully reflected in the assessment. While the living area is modest compared to many in the area, the renovated basement helps offset this. The home is newer than most on its street (built 1983), and the lot size is above average for the immediate area.
This property would suit a first-time homebuyer or an investor looking for a turnkey, low-maintenance property with recent updates. It’s also a sensible choice for a buyer who values a renovated interior over a larger, unimproved footprint, and who is encouraged by a recent sale that indicates strong neighbourhood demand.
Frequently Asked Questions
1. Is the living space only 828 square feet?
Yes, the above-ground living area is 828 sqft, which is compact. However, this measurement does not include the renovated basement, which provides additional functional space.
2. Why did it sell for so much more than its assessed value?
The sale price likely reflects the value of the basement renovation and current market conditions. Assessments don't always capture recent improvements or the full market premium for move-in-ready homes.
3. What does the "renovated basement" include?
The listing notes it is renovated, but specific finishes and legal compliance should be verified by a buyer's inspection and by confirming with the listing agent for full details.
4. How does the detached garage impact the property?
A detached garage offers flexibility and can be ideal for a workshop or extra storage. Buyers should consider the convenience of accessing it in Winnipeg winters versus an attached structure.
5. The home sold very recently. Why is it back on the market?
This is a key question. The rapid resale could be due to many neutral factors (e.g., a buyer's financing fell through, a change in personal circumstances), but it warrants direct inquiry to the selling agent.
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