55.5
Fair
Property score
55.5
Fair
Overall 55.5
Smaller but newer than most nearby homes
864 sqft (bottom 7%)
Built in 1972 (11 yrs newer than avg)
Located in a high-income area
with median household income of ~92k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, 2 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Above average
11 yrs newer than neighborhood avg.
Mother tongue
English · 71%French · 12%
Past 10 years Windsor Park sales snapshot (~80% of all data)
1,217
395k
$375/sqft
1961
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55.5 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: #46110533
$92K
Median household income
$93K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
21%
Single-person households
23%
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 Carolyn Bay — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 184 m), 2 parks (nearest 109 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 1% | Bottom 18% | Bottom 28% |
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 Carolyn Bay.
This is a 1972-built, 864 sqft home in Windsor Park, Winnipeg, sitting on a 5,182 sqft lot. Its primary appeal lies in its construction year and neighborhood context. Built in 1972, it is newer than 97% of homes in the Windsor Park area (ranked #92 out of 3,307), which is an unusually strong stat for a property of this age. The assessed value of $342,000 is roughly average for the neighborhood and slightly below the citywide average for comparable homes, suggesting the price reflects the home’s smaller footprint rather than its location or vintage.
The property’s appeal is not about space. At 864 sqft of living area, it is below average on its own street, in the neighborhood (bottom 13%), and citywide. Similarly, the lot is on the smaller side for the area. The real draw is value relative to age: you get a home from the early ’70s—a decade that often offers solid construction and established landscaping—at a price point that doesn’t carry a premium for being “newer.” It would suit a buyer who prioritizes being in a more mature, stable part of the city (Windsor Park) and values a home that is already standing in a well-established context, rather than needing a large floor plan or a big yard. This is a practical fit for a first-time buyer, a small family, or someone downsizing who wants a solid, unpretentious home in a middle-of-the-road assessment range.
1. How does the living area compare to similar homes nearby?
The 864 sqft is below the average for homes on Carolyn Bay (1,031 sqft), in Windsor Park (1,091 sqft), and citywide (1,342 sqft). It is a compact home for its street and neighborhood, ranking in the bottom 20% locally.
2. Is the property overpriced for its size?
The assessed value of $342,000 is slightly below the street average ($380k) and below the citywide average for comparable homes ($390k). It sits around the middle of the Windsor Park range, suggesting the smaller square footage is already reflected in the price, not hidden.
3. What is the significance of the 1972 build year?
It is newer than 97% of homes in Windsor Park (ranked #92 out of 3,307). This indicates the surrounding housing stock is predominantly older, and this home is part of a later wave of development in that pocket. Buyers often find ’70s homes have more practical layouts and better storage than some ’50s and ’60s homes.
4. Is the lot size a problem for this property?
At 5,182 sqft, the lot is below average for the street (6,278 sqft) and the neighborhood (6,030 sqft). It is not exceptionally small for the city overall (around the median), but it is below par for its immediate area. The yard is modest, not restrictive.
5. What is the neighborhood like in terms of investment profile?
Windsor Park ranks in the middle range citywide for assessed values (top 57%). The home itself is assessed at a point that is average for the area. This suggests steady, unspectacular market behavior—neither a high-growth hot spot nor a declining zone. It is a stable, entry-level to mid-range area in Winnipeg.
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