3 Cypress Bay

Windsor Park, Winnipeg

67.4

Good

Overall 67.4

Larger than most nearby homes

1,197 sqft (top 18%)

Built in 1958 (3 yrs older than avg)

Located in a high-income area

with median household income of ~97k

Transit 100.0

1-min walk to transit with 5 nearby routes

Within 500m: 3 schools, 1 shop, 3 parks, and 3 place of worships nearby

Living Area

Above average

10% larger 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

67.4 is composed by the two sections below.

Property Score

57.8Fair
Living Area1,197 sqft60Fair
Year Built195843Low
Lot Size5,998 sqft74Good
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

above average
1,197 sqft
0255075100
Same streetBottom 44%Same areaTop 18%CitywideBottom 49%
Same street · Cypress Bay
#35 / 63
Bottom 44% · Avg 1,587 sqft
Same area · Windsor Park
#606 / 3,307
Top 18% · Avg 1,091 sqft
Citywide · Winnipeg
#98,696 / 194,458
Bottom 49% · Avg 1,342 sqft

Tax-Assessed Value

above average
376k
0255075100
Same streetBottom 44%Same areaTop 24%CitywideTop 45%
Same street · Cypress Bay
#35 / 63
Bottom 44% · Avg 583.5k
Same area · Windsor Park
#798 / 3,307
Top 24% · Avg 354.2k
Citywide · Winnipeg
#87,643 / 194,458
Top 45% · Avg 390.1k

Year Built

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

Lot Size

around average
5,998 sqft
0255075100
Same streetBottom 30%Same areaTop 41%CitywideTop 32%

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

3 Cypress Bay — 11 amenities found within 500 m, across 5 categories, including 3 education (nearest 259 m), 1 shopping (nearest 269 m), 3 parks (nearest 203 m).

Search radius
🏫Education3
🛒Shopping1
🌳Parks3
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 11/2021CA$300k–350k
Sold price

Same street

Bottom 8%

Same area

Bottom 42%

City-wide

Bottom 39%
Sold 11/2017CA$300k–350k
Sold price

Same street

Bottom 17%

Same area

Bottom 46%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 3 Cypress Bay, Winnipeg

Key Characteristics & Buyer Profile

This is a 1,197 sqft single-family home at 3 Cypress Bay, built in 1958, on a 5,998 sqft lot in Winnipeg's Windsor Park neighbourhood. Its key appeal lies in strong value relative to the immediate community. While the house is slightly smaller and older than the average on its own street—where newer, larger homes push the median higher—it stands out within Windsor Park itself. There, it ranks in the top 18% for living area and top 24% for assessed value, meaning you're getting more house for the money compared to many nearby properties. The assessed value sits at $376,000, which is higher than the neighbourhood median but significantly lower than the Cypress Bay street average of $583,000.

This property would suit a buyer who values a solid, mid-sized lot in an established neighbourhood and is willing to look past a mid-century build date. It's less suited for someone seeking a turnkey modern home or a premium street address. The sweet spot is a buyer who wants more interior space than typical for Windsor Park, without paying a premium tied to the newer, larger homes on the same street.


Five Possible FAQs

1. How does this home's land value compare to other properties nearby?
The lot is 5,998 sqft, which is very close to the Windsor Park average. It's smaller than the Cypress Bay average (7,025 sqft), but that's largely because the street includes some properties with significantly larger parcels. In the broader neighbourhood context, the land is typical.

2. Is the assessed value of $376,000 realistic for this property?
It sits above the Windsor Park median but well below the Cypress Bay street average. This reflects the fact that the home is more competitive within the neighbourhood than on its own street. It's a realistic figure for a property of this age and size in a stable, mid-range community.

3. Why is the street ranking so different from the neighbourhood ranking?
Cypress Bay has larger, newer homes than the Windsor Park average. So this house ranks near the middle of the street but top-fifth in the broader area. It's a case of being modest on a strong street versus being generous in a more typical neighbourhood context.

4. Is a 1958 home a concern for maintenance or renovations?
It's older than the Windsor Park median (1961) and significantly older than the Cypress Bay average (1980). That means systems like wiring, plumbing, and insulation may be original or updated only partially. A buyer should budget for potential upgrades, but the home's core age is consistent with much of the neighbourhood's character.

5. Could this be a good investment property?
Possibly—but more for its land value potential than immediate rental yield. The lot is above average for the city overall, and the assessed value is well below the street average. In an appreciating neighbourhood, a long-term buyer could see gains from the land parcel even if the house itself requires updates.

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