12 Cypress Bay

Windsor Park, Winnipeg

65.1

Good

Overall 65.1

Compared with neighbourhood average

1,041 sqft (bottom 46%)

Built in 1958 (3 yrs older than avg)

Located in a high-income area

with median household income of ~97k

Transit 100.0

2-min walk to transit with 5 nearby routes

Within 500m: 4 schools, 1 shop, 3 parks, and 1 sports facility nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 72%French · 12%

Past 10 years Windsor Park sales snapshot (~80% of all data)

Sold Count

1,217

Median price

395k

$/sqft

$375/sqft

Avg build year

1961

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Property score

65.1 is composed by the two sections below.

Property Score

54.0Fair
Living Area1,041 sqft52Fair
Year Built195843Low
Lot Size6,396 sqft81Excellent
Neighbourhood Sales Activity42Low

Community Score

81.7Excellent
Household Income83Excellent
Education Level63Fair
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Windsor Park

How to read: Share of sales in each ~$50k price band for “windsor park” (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: #46110591

Community deep dive

$97K

Median household income

$105K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

25%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)869
Labour force participation rate71%
Median age38.8
Avg household size2.5
Unemployment rate6%
Population density2715 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households25%
Couple families with children29%
Median household income (2020)$97K

Housing

Renter households2%
Condominium dwellings2%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority19%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 12%

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

Rankings

Living Area

around average
1,041 sqft
0255075100
Same streetBottom 25%Same areaBottom 46%CitywideBottom 32%
Same street · Cypress Bay
#47 / 63
Bottom 25% · Avg 1,587 sqft
Same area · Windsor Park
#1,791 / 3,307
Bottom 46% · Avg 1,091 sqft
Citywide · Winnipeg
#132,370 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
368k
0255075100
Same streetBottom 30%Same areaTop 33%CitywideTop 48%
Same street · Cypress Bay
#44 / 63
Bottom 30% · Avg 583.5k
Same area · Windsor Park
#1,083 / 3,307
Top 33% · Avg 354.2k
Citywide · Winnipeg
#92,574 / 194,458
Top 48% · Avg 390.1k

Year Built

around average
1958
0255075100
Same streetTop 48%Same areaBottom 36%CitywideBottom 39%

Lot Size

above average
6,396 sqft
0255075100
Same streetTop 44%Same areaTop 23%CitywideTop 24%

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

12 Cypress Bay — 13 amenities found within 500 m, across 6 categories, including 4 education (nearest 217 m), 1 shopping (nearest 184 m), 3 parks (nearest 248 m).

Search radius
🏫Education4
🛒Shopping1
🌳Parks3
💪Sports1
Worship3
🏛️Government1

Crime & Safety

Windsor Park · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

47%

Sales History

Sold 7/2023CA$350k–400k
Sold price

Same street

Bottom 25%

Same area

Top 17%

City-wide

Top 38%

Related homes

Highlights & common questions: 12 Cypress Bay, Winnipeg

12 Cypress Bay – Property Summary

Key Characteristics & Buyer Fit

This is a 1,041 sqft single-family home in Windsor Park, Winnipeg, built in 1958 on a 6,396 sqft lot. Its assessed value is $368,000.

The property’s main draw is its land. The lot is larger than average for the neighbourhood (ranked in the top 23%) and citywide (top 24%). In a market where many comparable homes have smaller yards, this offers genuine outdoor space and potential for future expansion or landscaping. The living area, however, is below the street average of 1,587 sqft, meaning the house itself is smaller than most others on Cypress Bay. The assessed value lands near the middle of the pack citywide but is notably lower than the street average of $583,500, reflecting the trade-off between a bigger lot and a smaller home.

This property would suit buyers who prioritize land and outdoor potential over square footage. It’s a good fit for someone who doesn’t mind a modestly sized house now but wants room to grow—or for buyers who value a spacious yard for gardening, pets, or recreation. It’s less suited for someone seeking a large, move-in-ready home or a house that’s newer or fully updated. The 1958 build date means it’s older than the street average (1980), so maintenance history and updates will matter.


Five Possible FAQs

1. How does the lot size here compare to other homes in Windsor Park?
The lot is above average for the neighbourhood—ranked #769 out of 3,307 properties (top 23%). At 6,396 sqft, it’s larger than the neighbourhood average of 6,030 sqft and the citywide average of 6,570 sqft, though it sits slightly below the street average for Cypress Bay.

2. The assessed value seems low for the street—why?
The street average assessed value is $583,500, while this property is assessed at $368,000. That gap likely reflects the smaller living area (1,041 sqft vs. 1,587 sqft street average). The home is older than many others on the street as well. Value is being held by the land, not the house itself.

3. What does “below average” mean for living area on this street?
It means the house ranks #47 out of 63 comparable homes on Cypress Bay—among the smaller 25% for living space. If you need a lot of interior room right away, this may feel tight. But the ranking doesn’t account for layout or usable unfinished space.

4. Is the house original from 1958, or has it been renovated?
The data only shows the year built. There is no information here about renovations, updates, or condition. A 1958 home could have updated wiring, plumbing, windows, or insulation—or it could need significant work. This would need to be verified through an in-person viewing and inspection.

5. How does this property sit relative to the rest of Winnipeg?
Citywide, it’s around average for assessed value (top 48%) and year built (top 61%). The living area is slightly below the city average of 1,342 sqft, though not dramatically so. The standout is land: top 24% citywide, meaning relatively few single-family homes in Winnipeg offer a lot this size.

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