73.3
Good
Property score
73.3
Good
Overall 73.3
Larger than most nearby homes
1,306 sqft (top 15%)
Built in 1973 (3 yrs older than avg)
Located in a high-income area
with median household income of ~91k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 2 schools, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 69%Punjabi · 8%
Past 10 years Valley Gardens sales snapshot (~80% of all data)
652
325k
$343/sqft
1976
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
Free · No credit card required
73.3 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: #46110882
$91K
Median household income
$107K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
15%
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
6 Norilyn Bay — 7 amenities found within 500 m, across 2 categories, including 2 education (nearest 175 m), 5 parks (nearest 334 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 6% | Bottom 31% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 6 Norilyn Bay presents a balanced offering within Winnipeg's Valley Gardens community. Its key appeal lies in its strong positioning within the immediate neighborhood rather than just city-wide averages. With 1,306 sqft of living space, it sits comfortably above the neighborhood average, offering more interior room than most nearby homes. The lot size of 6,268 sqft is a notable advantage, providing generous outdoor space that is well above the local norm. Built in 1973, it is slightly newer than other homes on its specific street, suggesting potentially fewer immediate concerns compared to direct neighbors. The property tax assessment is moderately above the neighborhood average, which can indicate perceived value but also translates to corresponding property taxes.
This home would suit a buyer looking for a established, spacious property in a mature neighborhood. It’s ideal for someone who values a larger lot for privacy, gardening, or expansion potential over a brand-new build. The numbers suggest it’s a solid, middle-of-the-road property city-wide, but a standout in its own community, making it a prudent choice for buyers prioritizing value and space within a specific desirable area over a prestige city-wide address.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
While its size is average for the street, it ranks in the top 15% for living space and top 18% for lot size within the broader Valley Gardens community. This means you get more house and land than most of your neighbors, which is a key local advantage not fully reflected in city-wide data.
2. What does the property tax assessment tell me?
The assessment of $368,000 is above the neighborhood average but slightly below the street average. This often reflects the municipality's view of its value relative to recent sales. It's a good indicator for setting expectations about your annual tax bill and suggests the home is in line with, or slightly better than, the local market.
3. Is a 1973-built home a concern?
The home is newer than the average on its street, which is a positive. Homes from this era often have mature landscaping and established neighborhoods. The crucial factors will be the specific maintenance history, updates (like roof, windows, HVAC), and the results of a thorough home inspection.
4. The lot is large for the neighborhood. What are the pros and cons?
The pro is significant: more privacy, space for recreation, gardens, or future additions like a deck or shed. The con is that maintenance (mowing, landscaping) will require more time or cost compared to smaller lots in the same area.
5. The city-wide rankings are mostly "average." Should I be worried?
Not necessarily. This highlights the importance of location. A property that is average city-wide but above-average in a sought-after community like Valley Gardens represents a specific value proposition. You are paying for the neighborhood and the relative advantages you have within it, rather than for top-tier city-wide metrics.
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.
