Property score
90.0
Excellent
Overall 90.0 · Larger than most nearby homes
2,604 sqft (top 7%) · 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 place of worship nearby
Living Area
Above average
31% 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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90.0 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
43 Karschuk Bay — 1 amenities found within 500 m, across 1 categories.
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 17% | Top 2% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 43 Karschuk Bay
Key Characteristics & Appeal
This 2023-built home on Karschuk Bay offers a compelling blend of modern space and established value. Its primary appeal lies in its generous 2,604 sqft of living area, which places it well above average for its street, in the top 7% of its Waverley West B neighborhood, and in an elite tier city-wide (top 2% in Winnipeg). This substantial size is matched by a high assessed value of $837,000, ranking it first on its street and in the top 2% citywide, signaling strong market recognition.
The property suits buyers seeking a modern, low-maintenance home without sacrificing interior space. It’s ideal for growing families or professionals who prioritize a contemporary layout and finishes, and who value a home that already stands out as a top-tier asset within both its immediate community and the broader city. A thoughtful perspective is that while the lot size is typical for the street, the home’s footprint maximizes the living space efficiently. The data suggests you are buying into a young, high-caliber street where this home is a leading property, offering a balance of new construction benefits within a developing community context.
Frequently Asked Questions
1. How does the lot size compare?
The lot of 5,737 sqft is very close to the average for Karschuk Bay. It is above average for the Waverley West B neighborhood but around the middle range compared to the entire city. The focus here is on the generous living space rather than an exceptionally large yard.
2. The home is newer, but is it the newest on the street?
Built in 2023, it is right at the average year built for Karschuk Bay, ranking 6th out of 16 homes. This indicates you are looking at a street of very recent construction, and this property is a solid, modern part of that fabric rather than an outlier.
3. What do the assessed value rankings mean for property taxes?
The high assessed value (top 6% on the street and in the area, top 2% citywide) is a strong indicator of market value, but it also suggests that property taxes will be commensurately higher than for an average Winnipeg home. It reflects the premium for a new, large property in a developing area.
4. Is this a good investment compared to the rest of Winnipeg?
The city-wide rankings are exceptionally strong. Being in the top 2% for both living area and value among nearly 200,000 comparable city homes indicates a property that significantly outpaces the Winnipeg norm, which can be a positive factor for long-term value retention.
5. How established is the neighborhood?
The data shows the Waverley West B neighborhood average home was built in 2019, and this street averages 2023. This is a very new, developing community. Buyers should be prepared for the dynamics of a freshly built area, which may include ongoing construction nearby and landscaping maturation.
