61.6
Fair
Property score
61.6
Fair
Overall 61.6
Compared with neighbourhood average
1,096 sqft (top 35%)
Built in 1959 (2 yrs older than avg)
Located in a high-income area
with median household income of ~94k
Transit 92.0
4-min walk to transit with 5 nearby routes
Within 500m: 6 dining spots, 3 schools, 2 healthcare facilitys, and 3 shops nearby

Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
0% larger than neighborhood avg.
Year Built
Near average
2 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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Property score
61.6 is composed by the two sections below.
Property Score
Community Score
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.
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110527
Community deep dive
$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
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
around averageLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
40 Cascade Bay — 24 amenities found within 500 m, across 9 categories, including 6 dining (nearest 337 m), 3 education (nearest 248 m), 2 healthcare (nearest 412 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 11% | Top 13% | Top 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 39% | Bottom 34% | Bottom 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 3% | Bottom 16% |
40 Cascade Bay · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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How to Get More Accurate Data
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 40 Cascade Bay, Winnipeg
40 Cascade Bay – Property Summary
Key Characteristics & Profile
This is a 1,096-square-foot home built in 1959, sitting on a 6,281-square-foot lot in Windsor Park. What stands out is the lot size—it’s above average both within the neighbourhood (top 29%) and city-wide (top 26%), which gives it genuine outdoor space compared to many nearby homes. The living area is also on the larger side for the street, ranking 9th out of 50, though it sits closer to the middle of the pack across Windsor Park and Winnipeg as a whole. The assessed value is right around the neighbourhood average, which suggests the property is priced in line with what’s typical for the area, without being overvalued relative to its peers. The home’s age (1959) is consistent with the street’s character, and while not newly built, it’s not notably older than surrounding houses either.
The appeal here leans toward buyers who want a good-sized lot in an established neighbourhood without paying a premium for a fully renovated or newer home. It would particularly suit someone looking for a solid mid-century house with room to add value through updates or landscaping—since the bones (lot size and floor plan) are already above average for the street and community. First-time buyers, small families, or investors looking for a property with decent land component might find it practical. It’s not a flashy or standout property city-wide, but within its immediate context, it offers good proportion and stability.
Five Possible FAQs
1. How does the lot size compare to other homes in Windsor Park?
The lot is 6,281 sqft, which is above average for the neighbourhood (top 29%). It also ranks in the top 26% city-wide, so you’re getting more land than most homes in Winnipeg, not just this area.
2. Is the assessed value likely to increase?
The assessed value is close to the street and neighbourhood averages, so it’s not over- or under-valued relative to its immediate peers. Any change would depend on market trends or improvements you make—the lot itself gives room for added value.
3. Does the home need major renovation?
Built in 1959, so it’s a mid-century home. Without seeing the interior condition, it’s fair to expect typical age-related updates (mechanicals, windows, finishes). The ranking suggests it’s comparable to other homes of that era on the street.
4. How does the living space compare to other homes in the area?
At 1,096 sqft, it’s above average on Cascade Bay (top 18%) but close to the Windsor Park average. So it feels spacious for the street, but not unusually large for the wider community.
5. What type of buyer typically goes for this kind of property?
Often buyers who value outdoor space and a quiet, established street over a brand-new build. It’s also a good fit for someone who sees potential in updating a solid older home rather than paying for someone else’s renovations.
Map & Street View
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