Property score
60.5
Fair
Overall 60.5 · Compared with neighbourhood average
1,042 sqft (bottom 46%) · 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, 3 parks, and 2 place of worships nearby
Living Area
Near average
5% 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)
1,217
395k
$375/sqft
1961
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60.5 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: #46110525
$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
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
54 Monaco Bay — 8 amenities found within 500 m, across 4 categories, including 2 education (nearest 375 m), 1 healthcare (nearest 289 m), 3 parks (nearest 221 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 18% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,042 sqft home built in 1961, sitting on a 5,381 sqft lot in Winnipeg’s Windsor Park neighbourhood. Its assessed value is $322,000.
The property’s strongest feature is its relative affordability. On Monaco Bay, it ranks near the bottom for assessed value (47th out of 48 homes), meaning it’s one of the more budget-friendly options on the street. The living area is close to the street and neighbourhood averages, so you’re not sacrificing much interior space for the lower price.
What stands out less obviously is the land-to-value ratio. The lot is smaller than most on the street (ranking 47th out of 48 for land area), but the home’s value is also lower—so the price per square foot of land may be more reasonable than it first appears. This could appeal to buyers who want a lower entry point in a stable area without paying a premium for a large yard they may not need.
The home is older but not unusually so for the neighbourhood. The year built is typical for the street and area, and the citywide average is only slightly newer. That suggests the surrounding homes are of a similar vintage, which can mean fewer surprises about neighbourhood character or infrastructure age.
This property would suit first-time buyers or those looking for a more accessible price point in a well-established neighbourhood. It may also appeal to investors seeking a lower-cost entry in an area where the spread between assessed values and city averages suggests potential for gradual appreciation. It’s less suited for someone who prioritizes a large lot or wants a home that stands out in size or condition compared to its neighbours.
1. Why is the assessed value so much lower than the street average?
The home ranks 47th out of 48 homes on Monaco Bay for assessed value. This likely reflects a combination of the smaller lot size (also near the bottom of the street) and possibly less recent renovation or updating compared to neighbours. The home’s living area is close to average, so the value difference comes more from the land and overall condition than from square footage.
2. Is the small lot a disadvantage?
Not necessarily. A 5,381 sqft lot is still a typical suburban size in Winnipeg. It’s smaller than the street average of 5,906 sqft, but the difference is modest. For buyers who prefer less yard maintenance or want a more compact property, this could actually be a benefit. The lower land area also contributes to the lower purchase price.
3. How does this home compare to others in Windsor Park?
In the neighbourhood, it ranks in the bottom third for both assessed value and land area, but right around average for living space and year built. So it’s a typical-sized home on a smaller-than-average lot, priced accordingly. It’s not an outlier in any extreme way—just a more affordable option within the area.
4. What should I look for given the 1961 build year?
Homes from this era often have original mechanical systems (furnace, electrical, plumbing) and may need updates. The good news is that many surrounding homes are from the same period, so local contractors and inspectors are familiar with the construction style. Check the age of the roof, windows, and foundation—these are common areas for mid-century homes.
5. Could this property be a good rental investment?
Potentially, yes. The lower purchase price means a lower barrier to entry, and the neighbourhood is established with stable demand. However, the below-average land area and assessed value may limit how much you can raise the rent compared to larger neighbouring properties. The return would depend more on the condition of the interior and how much work you’re willing to put in.
