53.2
Fair
Property score
53.2
Fair
Overall 53.2
Smaller than most nearby homes
816 sqft (bottom 6%)
Built in 1960 (1 yr older than avg)
Located in a high-income area
with median household income of ~94k
Transit 92.0
3-min walk to transit with 5 nearby routes
Within 500m: 5 dining spots, 3 schools, 1 healthcare facility, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 13%
Past 10 years Windsor Park sales snapshot (~80% of all data)
1,217
395k
$375/sqft
1961
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53.2 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110527
$94K
Median household income
$100K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
23%
Single-person households
31%
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
16 Cascade Bay — 22 amenities found within 500 m, across 9 categories, including 5 dining (nearest 360 m), 3 education (nearest 204 m), 1 healthcare (nearest 447 m).
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%
Local garbage, recycling, and yard waste pickup schedule for 16 Cascade Bay.
Garbage
tuesday
Recycling
tuesday
Yard Waste
tuesday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 28% | Bottom 32% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Key Characteristics & Appeal
This 816 sqft bungalow, built in 1960, sits on a 5,329 sqft lot in Winnipeg’s Windsor Park neighborhood. Its strongest feature is the build year: it’s the oldest home on Cascade Bay (ranked #1 out of 50 on the street), giving it a solid, original-boom character that’s less common in a subdivision where most houses went up around 1959–1961. The assessed value of $320k is notably below the street average of $356k and the citywide average of $390k—making it one of the more affordable options on the block. The living area and lot size both rank below street and neighborhood averages, which means this property is compact compared to its immediate neighbours.
The appeal lies in its relative value for a buyer who values location and age over square footage. Being the oldest home on the street could signal an opportunity for cosmetic updates or a more private, mature setting where newer builds are rarer. It suits first-time buyers, investors looking for a lower entry point in a stable area, or anyone who prioritizes a smaller footprint and lower property taxes over a larger house. The citywide value rank (64th percentile) suggests it’s not an outlier—just a modest home in a middle-market position.
Five Possible FAQs
How does the assessed value compare to similar homes nearby?
At $320k, it’s about 10% below the street average ($356k) and about 18% below the citywide average for comparable homes ($390k). It’s one of the lower-valued properties on Cascade Bay, ranking 49th out of 50 street-level homes.
Is the lot size considered small for the area?
Yes. The 5,329 sqft lot is below the street average of 6,300 sqft and the neighborhood average of 6,030 sqft. It ranks 44th out of 50 on the street, so it’s among the smaller lots in this immediate stretch.
What does “built in 1960” really mean for maintenance and updates?
It’s in the top 2% oldest homes on the street, which usually means it’s likely been updated less recently than neighbours, or has original construction materials (e.g., plaster, hardwood, older windows). You’d want to check for foundation, roof, and mechanical age—but being first on the street for age can also mean less risk of flooding from newer landscape grading.
How does the living area stack up to other homes in Windsor Park?
The 816 sqft is below the neighborhood average of 1,091 sqft and ranks in the 94th percentile citywide (meaning only 6% of homes are smaller). It’s genuinely compact—more of a starter or downsizing property than a family home by current standards.
Would this property be a good investment?
Possibly, if you’re comfortable with a below-average size and lot. The low assessed value offers a lower barrier to entry, and the street itself is established (oldest house, not a new build area). However, resale might depend on how much you can improve the interior—square footage can’t change, so the upside is in condition and curb appeal rather than space.
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