48 Monaco Bay

Windsor Park, Winnipeg

Property score

61.2

Fair

Overall 61.2 · Compared with neighbourhood average

1,025 sqft (bottom 32%) · Built in 1961

Located in a high-income area with median household income of ~97k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 2 parks, and 2 place of worships nearby

Living Area

Below average

6% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 68%French · 14%

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

61.2 is composed by the two sections below.

Property Score

53.6Fair
Living Area1,025 sqft52Fair
Year Built196146Low
Lot Size5,643 sqft74Good
Neighbourhood Sales Activity42Low

Community Score

72.6Good
Household Income83Excellent
Education Level34Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110525

Community deep dive

$97K

Median household income

$96K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.3

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate59%
Median age42.4
Avg household size2.6
Unemployment rate7%
Population density2647 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households20%
Couple families with children30%
Median household income (2020)$97K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$314K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority21%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 13%

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

Rankings

Living Area

around average
1,025 sqft
0255075100
Same streetBottom 35%Same areaBottom 32%CitywideBottom 29%
Same street · Monaco Bay
#31 / 48
Bottom 35% · Avg 1,087 sqft
Same area · Windsor Park
#2,246 / 3,307
Bottom 32% · Avg 1,091 sqft
Citywide · Winnipeg
#138,839 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
368k
0255075100
Same streetTop 40%Same areaTop 33%CitywideTop 48%
Same street · Monaco Bay
#19 / 48
Top 40% · Avg 362.7k
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
1961
0255075100
Same streetTop 48%Same areaTop 34%CitywideBottom 43%

Lot Size

around average
5,643 sqft
0255075100
Same streetBottom 29%Same areaBottom 32%CitywideTop 40%

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

48 Monaco Bay — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 368 m), 1 healthcare (nearest 259 m), 2 parks (nearest 175 m).

Search radius
🏫Education2
🏥Healthcare1
🌳Parks2
Worship2

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 11/2020CA$300k–350k
Sold price

Same street

Top 41%

Same area

Top 41%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 48 Monaco Bay, Winnipeg

48 Monaco Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,025-square-foot home built in 1961, sitting on a 5,643-square-foot lot. Its assessed value is $368,000. The property performs modestly relative to its immediate street and neighbourhood, but falls slightly below citywide averages in living area and land size.

The appeal here is stability rather than standout metrics. On Monaco Bay, the home ranks in the top 40% for assessed value and top 48% for year built – meaning it holds its ground among nearby properties without being an outlier. In the broader Windsor Park neighbourhood, assessed value climbs to the top 33%, suggesting good relative value for buyers focused on that area.

Where the property falls short is living area (below the street and city averages) and land area (below average on the street and neighbourhood level). The lot, at 5,643 square feet, is notably smaller than the citywide average of 6,570 square feet. This may appeal more to buyers who want less yard maintenance or a more compact outdoor space.

This home suits buyers who are prioritizing location and neighbourhood stability over maximum square footage. It would work well for someone looking for a solid mid-century build in an established Winnipeg neighbourhood like Windsor Park – perhaps a first-time buyer, a downsizer, or an investor interested in a property that tracks average for its area rather than standing out.


Five Possible FAQs

1. How does this property compare to others on the same street?
It ranks 19th out of 48 homes on Monaco Bay for assessed value (top 40%), and 31st for living area (top 65%). The lot is on the smaller side for the street – ranked 34th out of 48. The home’s value and condition are around average for the immediate area.

2. Is the living space too small for a family?
At 1,025 square feet, it’s below the citywide average of 1,342 square feet for comparable homes. It’s best suited for individuals, couples, or small families who don’t need extra rooms for dedicated office or guest space. The layout and potential for basement development would matter here.

3. What’s the neighbourhood like?
Windsor Park is an established area with a mix of older homes. The property sits on a quieter street (Monaco Bay). Neighbourhood rankings show the home is slightly above average for assessed value (top 33%) and around average for year built, which suggests a relatively consistent housing stock.

4. Is the assessed value fair compared to the market?
The assessed value of $368,000 is above the street average ($362.7k) and neighbourhood average ($354.2k), but below the citywide average ($390.1k). This is a common pattern for older, smaller homes in inner-ring suburbs – the value reflects the lot and location more than the structure.

5. Should I be concerned about the lot size?
The lot is below average for the street and neighbourhood, but not drastically so – it’s 5,643 square feet versus the street average of 5,906. For citywide comparison, it’s below average. This matters most if you want a large garden, room for an addition, or extra parking. For lower-maintenance living, it could be a plus.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.