50 Meighen Bay

Valley Gardens, Winnipeg

73.3

Good

Overall 73.3

Larger and newer than most nearby homes

1,235 sqft (top 26%)

Built in 1998 (22 yrs newer than avg)

Located in a high-income area

with median household income of ~89k

Transit 94.0

2-min walk to transit with 4 nearby routes

Within 500m: 2 schools, and 4 parks nearby

Living Area

Above average

11% larger than neighborhood avg.

Year Built

Above average

22 yrs newer than neighborhood avg.

Mother tongue

English · 69%Punjabi · 10%

Past 10 years Valley Gardens sales snapshot (~80% of all data)

Sold Count

652

Median price

325k

$/sqft

$343/sqft

Avg build year

1976

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Property score

73.3 is composed by the two sections below.

Property Score

72.7Good
Living Area1,235 sqft66Good
Year Built199884Excellent
Lot Size9,069 sqft95Excellent
Neighbourhood Sales Activity42Low

Community Score

74.3Good
Household Income80Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

Neighbourhood Sales

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.

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: #46110883

Community deep dive

$89K

Median household income

$88K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.3

P90 / P10 ratio

17%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)395
Labour force participation rate60%
Median age42.8
Avg household size2.7
Unemployment rate10%
Population density3590 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households17%
Couple families with children27%
Median household income (2020)$89K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority18%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Punjabi · 10%

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

Rankings

Living Area

above average
1,235 sqft
0255075100
Same streetTop 25%Same areaTop 26%CitywideTop 47%
Same street · Meighen Bay
#8 / 32
Top 25% · Avg 1,082 sqft
Same area · Valley Gardens
#520 / 2,004
Top 26% · Avg 1,117 sqft
Citywide · Winnipeg
#91,230 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

above average
384k
0255075100
Same streetTop 13%Same areaTop 16%CitywideTop 43%
Same street · Meighen Bay
#4 / 32
Top 13% · Avg 338.8k
Same area · Valley Gardens
#324 / 2,004
Top 16% · Avg 325.5k
Citywide · Winnipeg
#83,066 / 194,458
Top 43% · Avg 390.1k

Year Built

Elite
1998
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 18%

Lot Size

Elite
9,069 sqft
0255075100
Same streetTop 6%Same areaTop 3%CitywideTop 8%

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

50 Meighen Bay — 6 amenities found within 500 m, across 2 categories, including 2 education (nearest 234 m), 4 parks (nearest 79 m).

Search radius
🏫Education2
🌳Parks4

Crime & Safety

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%

Sales History

50 Meighen 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.

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