59.4
Fair
Property score
59.4
Fair
Overall 59.4
Smaller and older than most nearby homes
930 sqft (bottom 14%)
Built in 1957 (4 yrs older than avg)
Located in a high-income area
with median household income of ~91k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, 2 shops, 4 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 74%French · 8%
Past 10 years Windsor Park sales snapshot (~80% of all data)
1,217
395k
$375/sqft
1961
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59.4 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: #46110592
$91K
Median household income
$91K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
27%
Single-person households
27%
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
7 Applewood Bay — 8 amenities found within 500 m, across 4 categories, including 1 education (nearest 354 m), 2 shopping (nearest 371 m), 4 parks (nearest 82 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 | Top 11% | Top 35% | Top 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 44% | Bottom 24% | Bottom 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 22% | Bottom 10% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Here is a clean, standalone summary of the property at 7 Applewood Bay.
This home is a 930 sqft bungalow built in 1957, sitting on a 5,500 sqft lot in Windsor Park. What stands out most is its positioning on Applewood Bay itself. On this specific street, the home ranks in the top 12% for living area and top 18% for assessed value. In practical terms, this means it is one of the larger and more valuable homes on its block, offering a sense of presence and relative space that is hard to find among its immediate neighbours. The lot size is also right at the street average, which is a solid, functional yard without the burden of excessive land.
Where the property becomes more nuanced is in its broader context. Compared to the wider Windsor Park neighbourhood and the city of Winnipeg, the home is below average in size and sits on a smaller-than-average lot. It is an older build relative to the neighbourhood (1957 vs. the 1961 average). This creates an interesting dynamic: you are buying a top-tier home on a quiet, desirable bay, but you are not paying for a top-tier home in the city at large. The assessed value reflects this, landing squarely at the neighbourhood average ($354k) and below the citywide average ($390k).
The appeal here is specificity. A buyer who values being the standout property on a great street—where the home feels generous and well-regarded—will find this compelling. It suits someone who prioritizes a strong, immediate streetscape and a home that already commands respect in its micro-location, rather than someone seeking the largest footprint or newest build in the broader area. It is ideal for a couple, a small family, or a downsizer who wants a comfortable, well-positioned home without paying a premium for a neighbourhood showpiece.
1. Why is the home ranked high on the street but low in the neighbourhood?
The street (Applewood Bay) is a small pocket of homes that are generally smaller and built around the same time. Your home is one of the largest and most valuable on that specific street. However, when compared to the entire Windsor Park neighbourhood—which includes larger, newer homes on bigger lots—this home falls below the average. It simply means you are buying a top-tier property within a modest, consistent street context.
2. Is the 1957 build a concern or an asset?
It is a double-edged sword. Being one of the oldest homes on the street (ranked #1) suggests it has likely seen updates over the decades, but it also means original systems (plumbing, electrical, foundation) may require closer inspection. The positive side is that older homes in this area often have better construction and mature landscaping than newer infills. A thorough home inspection is recommended, particularly for the age.
3. How does the assessed value compare to what I might actually pay?
The assessed value of $354k is the city’s estimate for tax purposes. The actual market price depends on competition, condition, and demand. Given that the home is above average on the street but below average citywide, a buyer might be able to negotiate a price close to or slightly above assessed value, but unlikely to see a significant premium unless the interior is extensively renovated. It is a good benchmark for a realistic offer.
4. What is the neighbourhood vibe like?
Windsor Park is a well-established, family-oriented area with mature trees, parks, and a mix of post-war bungalows and newer builds. It is not a trendy, high-priced enclave, but it is stable, quiet, and convenient for amenities. The fact that the home is on a bay (Applewood Bay) specifically adds a layer of privacy and lower traffic, which is a practical advantage for daily life.
5. Is the lot size a limitation or a benefit?
At 5,500 sqft, the lot is average for the street but small for the area and city. This is a benefit if you want a manageable yard without constant upkeep. It is a limitation if you dream of a large garden, a pool, or significant outdoor space. It is a realistic, low-maintenance city lot that suits someone who values time over turf.
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