7 Monaco Bay

Windsor Park, Winnipeg

Property score

56.9

Fair

Overall 56.9 · Smaller than most nearby homes

927 sqft (bottom 14%) · 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: 3 schools, 1 healthcare facility, 4 parks, and 2 place of worships nearby

Living Area

Below average

15% 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

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Property score

56.9 is composed by the two sections below.

Property Score

46.5Low
Living Area927 sqft42Low
Year Built196146Low
Lot Size5,460 sqft67Good
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

below average
927 sqft
0255075100
Same streetBottom 17%Same areaBottom 14%CitywideBottom 19%
Same street · Monaco Bay
#40 / 48
Bottom 17% · Avg 1,087 sqft
Same area · Windsor Park
#2,860 / 3,307
Bottom 14% · Avg 1,091 sqft
Citywide · Winnipeg
#157,823 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
351k
0255075100
Same streetBottom 27%Same areaBottom 44%CitywideBottom 47%
Same street · Monaco Bay
#35 / 48
Bottom 27% · Avg 362.7k
Same area · Windsor Park
#1,840 / 3,307
Bottom 44% · Avg 354.2k
Citywide · Winnipeg
#103,913 / 194,458
Bottom 47% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetTop 48%Same areaTop 34%CitywideBottom 43%

Lot Size

around average
5,460 sqft
0255075100
Same streetBottom 12%Same areaBottom 22%CitywideTop 45%

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

7 Monaco Bay — 10 amenities found within 500 m, across 4 categories, including 3 education (nearest 331 m), 1 healthcare (nearest 374 m), 4 parks (nearest 202 m).

Search radius
🏫Education3
🏥Healthcare1
🌳Parks4
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 11/2024CA$350k–400k
Sold price

Same street

Top 28%

Same area

Top 26%

City-wide

Top 45%

Related homes

Highlights & common questions: 7 Monaco Bay, Winnipeg

7 Monaco Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1961-built single-family home with 927 sq ft of living space on a 5,460 sq ft lot, located in the Windsor Park neighbourhood of Winnipeg. Compared to other homes on Monaco Bay, this property falls below average in both living area and lot size, and its assessed value of $351,000 is also slightly below the street average. Within the broader Windsor Park community, the home sits near the middle in terms of assessed value and build year, but on the smaller side for square footage and lot size.

The appeal here is less about size or standout features and more about context. This is a modest, older home in a well-established area, where comparable properties tend to be similarly aged and priced. It’s not a fixer-upper by market rank—it’s just unremarkable in scale. That can actually be a strength for certain buyers: less competition for upgrades, fewer surprises from a wildly varied street, and a price point that stays grounded relative to neighbours.

This property would likely suit a first-time buyer looking for reasonable entry into a stable neighbourhood, or someone downsizing who doesn’t need extra space. It may also appeal to investors or renovators targeting a standard bungalow in a mid-range market, though the smaller lot and living area limit upside relative to larger nearby homes.


Frequently Asked Questions

1. How does the living space compare to other homes nearby?

On Monaco Bay, this home is ranked 40th out of 48, meaning it’s smaller than most on the street. The street average is 1,087 sq ft, roughly 160 sq ft more. That gap isn’t enormous, but it’s noticeable in a bungalow-style layout where every foot counts.

2. Is the assessed value of $351,000 typical for this area?

Yes, it’s close to the Windsor Park average of $354,000 and just a bit below the street average of $363,000. The home is priced right in the middle of its community, which suggests the assessment isn’t out of line with the local market.

3. What’s the lot like, and does it matter?

At 5,460 sq ft, the lot is smaller than both the street and community averages. That could be a drawback if you’re hoping for a large garden or future expansion, but in a neighbourhood where lots are relatively uniform, a smaller yard often means less maintenance and a lower price point.

4. How old is the house, and is that a concern?

Built in 1961, the home is typical for Windsor Park and slightly older than the Winnipeg average of 1966. The age is consistent with the street, so you’re not buying an outlier. It does mean you’ll want to check major systems (roof, furnace, plumbing), but the vintage is common enough that parts and contractors should be easy to find.

5. What kind of buyer would get the most value here?

Someone who prioritizes location over size. The home isn’t going to impress on square footage or lot dimensions, but it’s priced to reflect that. A buyer who wants a functional home in a stable neighbourhood without paying a premium for extra land or renovated finishes would find this a practical fit.

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