Property score
90.3
Excellent
Overall 90.3 · Larger than most nearby homes
2,238 sqft (top 21%) · Built in 2023 (4 yrs newer than avg)
Located in a high-income area with median household income of ~107k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school nearby
Living Area
Above average
12% larger than neighborhood avg.
Year Built
Near average
4 yrs newer than neighborhood avg.
Mother tongue
English · 38%Chinese · 16%
Past 10 years Waverley West B sales snapshot (~80% of all data)
87
518.9k
$339/sqft
2019
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90.3 is composed by the two sections below.
Property Score
Community Score
Waverley West B
How to read: Share of sales in each ~$50k price band for “waverley west b” (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: #46111256
$107K
Median household income
$127K
Average household income
15%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.7
P90 / P10 ratio
9%
Single-person households
47%
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
23 Karschuk Bay — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 480 m).
Waverley West B · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Top 5% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 23 Karschuk Bay
Section 1: Key Characteristics & Appeal
This modern 2023-built home offers a compelling blend of space, premium valuation, and a generous lot. With 2,238 sqft of living area, it provides ample room for a growing family, ranking well above both neighborhood and city averages. Its standout feature is the 6,786 sqft lot, which is the largest on its street, offering exceptional outdoor potential in a newer subdivision.
The home’s primary appeal lies in its elite citywide positioning. It sits within the top 2% of Winnipeg homes by assessed value ($817k) and the top 1% by age, promising modern construction standards and finishes. This creates a move-in-ready property with minimal immediate maintenance concerns. Interestingly, while the home is a leader on its own street for lot size and value, its living space is slightly more modest compared to immediate neighbors, suggesting a focus on land and quality over sheer interior square footage.
This property would ideally suit buyers seeking a modern, low-maintenance home in a developing area who prioritize a large yard for privacy, gardening, or future expansion. It’s perfect for professionals or families looking for a long-term home with above-average investment metrics, evidenced by its strong assessed value relative to the market.
Section 2: Frequently Asked Questions
1. Is the home a good value for the street?
Yes. It has the largest lot on the street and an assessed value in the top 25%, indicating it is considered a premium property even within this desirable block.
2. How does the living space compare to the area?
The living area is above the neighborhood average but slightly below the specific average for Karschuk Bay street. This suggests a floor plan that may prioritize other features, like the lot size or modern layout, over maximum square footage.
3. What does the "Elite" citywide ranking mean?
Ranking in the top 1-2% citywide for year built and assessed value confirms this is a very new and highly valued property compared to the vast majority of homes in Winnipeg, which are older and have lower valuations.
4. Is the lot size typical for Winnipeg?
The lot is above average for the city. However, it’s notably smaller than the average lot in the wider Waverley West B neighborhood. This indicates the specific street or subdivision has a different, more compact layout than some surrounding areas.
5. What might the rankings imply about future property taxes?
The assessed value is significantly above local averages, which is a primary driver for property tax calculations. Buyers should budget for property taxes commensurate with a home in the top 8% of the neighborhood and top 2% of the city.
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