Property score
68.5
Good
Overall 68.5 · Larger than most nearby homes
1,442 sqft (top 8%) · Built in 1973 (3 yrs older 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: 1 dining spot, 1 school, 1 shop, and 3 parks nearby
Living Area
Above average
29% larger than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 72%Punjabi · 6%
Past 10 years Valley Gardens sales snapshot (~80% of all data)
652
325k
$343/sqft
1976
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68.5 is composed by the two sections below.
Property Score
Community Score
Valley Gardens
How to read: Share of sales in each ~$50k price band for “valley 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: #46110889
$93K
Median household income
$100K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
12%
Single-person households
37%
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
38 Menno Bay — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 408 m), 1 education (nearest 443 m), 1 shopping (nearest 341 m).
Valley Gardens · WPS public data · 2026
Annual incidents
28
2026
vs. city avg
-5%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Top 30% | Top 46% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 43% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 38 Menno Bay presents a compelling opportunity in Winnipeg's Valley Gardens neighborhood. Its primary appeal lies in offering above-average living space within a well-established, mature community, all at a property tax assessment value that is reasonable for its size and area.
Key Characteristics & Target Buyer
The standout feature of this property is its generous 1,442 sqft of living area, which ranks within the top 8% of homes in Valley Gardens and the top 11% on its own street. This makes it a notably spacious option compared to local benchmarks. The home was built in 1973, aligning with the average for Menno Bay, indicating it is part of a cohesive, established streetscape. The lot size of 5,399 sqft is very typical for the community.
From a value perspective, the home’s tax assessment of $373,000 sits above the Valley Gardens average but below the city-wide average, suggesting you are paying a premium for the desirable location and space within this specific community, rather than an inflated city-wide price. The property doesn’t lead in every category but shows a consistent, above-average performance in its immediate locale for what matters most: interior space.
This home would ideally suit a buyer who prioritizes indoor living space over a massive yard, and who values being part of a settled neighborhood with character. It’s for someone who understands that in a sought-after pocket like Valley Gardens, value is often reflected in the interior square footage and location rather than having the newest build or the largest lot on the block.
Frequently Asked Questions
1. What does the ranking data actually tell me?
It contextualizes this home against its immediate neighbors, the wider Valley Gardens community, and all of Winnipeg. For example, being in the top 8% for living space in the community is a significant advantage, while its assessments and lot size are more in line with local averages, providing a balanced picture.
2. Is the 1973 build year a concern?
The build year is average for the street. This typically means major components like roofs, windows, and furnaces may be due for updates or have been recently replaced. A thorough inspection is key to understand the current condition and any upcoming capital expenditures.
3. The tax assessment is above the community average. Will my taxes be high?
The assessment is a key factor in determining property taxes. While above the Valley Gardens average, it is below the Winnipeg average. This suggests taxes are moderate for the city but reflect the perceived value of this specific location and home size. Always verify with the latest municipal tax rate.
4. The lot size ranking on the street seems lower. Is the yard small?
The lot is slightly below the street average but very close to the community average. It means you likely have a standard-sized yard for Valley Gardens, but there may be larger lots on Menno Bay itself. It’s a trade-off for the above-average interior space.
5. How should I use this data when viewing the home?
Use it to frame your viewing. The data confirms generous interior space, so assess the layout and condition of that space carefully. Knowing the build year is typical, focus on the state of age-sensitive systems. The rankings help you understand what you’re primarily paying for: a spacious home in a established neighborhood.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
