8 Monaco Bay

Windsor Park, Winnipeg

61.2

Fair

Overall 61.2

Newer than most nearby homes

1,020 sqft (bottom 31%)

Built in 1962 (1 yr newer than avg)

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, 3 parks, and 2 place of worships nearby

Living Area

Below average

7% smaller than neighborhood avg.

Year Built

Above average

1 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

61.2 is composed by the two sections below.

Property Score

53.6Fair
Living Area1,020 sqft52Fair
Year Built196246Low
Lot Size5,881 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
1,020 sqft
0255075100
Same streetBottom 31%Same areaBottom 31%CitywideBottom 28%
Same street · Monaco Bay
#33 / 48
Bottom 31% · Avg 1,087 sqft
Same area · Windsor Park
#2,291 / 3,307
Bottom 31% · Avg 1,091 sqft
Citywide · Winnipeg
#139,661 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
348k
0255075100
Same streetBottom 17%Same areaBottom 40%CitywideBottom 45%
Same street · Monaco Bay
#40 / 48
Bottom 17% · Avg 362.7k
Same area · Windsor Park
#1,987 / 3,307
Bottom 40% · Avg 354.2k
Citywide · Winnipeg
#105,996 / 194,458
Bottom 45% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 25%Same areaTop 26%CitywideBottom 44%

Lot Size

around average
5,881 sqft
0255075100
Same streetBottom 46%Same areaTop 49%CitywideTop 35%

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

8 Monaco Bay — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 356 m), 1 healthcare (nearest 331 m), 3 parks (nearest 185 m).

Search radius
🏫Education3
🏥Healthcare1
🌳Parks3
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 6/2021CA$300k–350k
Sold price

Same street

Bottom 41%

Same area

Bottom 47%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 8 Monaco Bay, Winnipeg

8 Monaco Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,020 sqft bungalow built in 1962 on a 5,881 sqft lot, located in Windsor Park (Monaco Bay). The assessed value is $348,000.

Where it stands: The home is a modest starter or downsizer property—neither the smallest nor the largest on its street. Living area is slightly below the citywide average for comparable homes (1,342 sqft vs. 1,020 sqft), but land area is around average for the neighbourhood. The assessed value is below the street average ($362.7k) and citywide average ($390.1k), making it a more budget-friendly option relative to nearby properties.

What gives it appeal: The house ranks in the top quartile for age on its street (built 1962, ranked 12th out of 48) and top 26% in the neighbourhood. In a market where many homes are from the 1970s or later, this property represents a well-established era of construction—typically solid framing, larger lots, and mature neighbourhoods. The lot is serviceable but not oversized; it won't feel cramped but also won't demand heavy yard maintenance.

Who it suits: First-time buyers looking for entry-level pricing without sacrificing location. Also practical for buyers who prefer an older, established neighbourhood with mature trees and character, rather than a cookie-cutter subdivision. Downsizers who want a manageable home and yard, with a bit of room to breathe, will also find it fits. It is not ideal for buyers seeking a large or modern floor plan, or those who want a top-tier street ranking—this property is firmly middle-of-the-pack, which is exactly its selling point for pragmatic buyers.


Five Possible FAQs

1. How does the property compare to homes in the broader Winnipeg market?
It is below average in living area (1,020 sqft vs. the citywide average of 1,342 sqft) and assessed value ($348k vs. $390.1k). Land area is average for the city, and the year built is about average for Winnipeg (1962 vs. 1966 citywide). So it's a smaller, more affordable home in an older neighbourhood that isn't unusually large or small on its lot.

2. Is the assessed value accurate and does it reflect market value?
The assessed value of $348,000 is for property tax purposes and may not equal the current market price. It's below both the street average ($362.7k) and neighbourhood average ($354.2k). Buyers should use this as a baseline, not a final price, and compare with recent sales in Windsor Park.

3. What does the "Top 69%" or "Top 83%" ranking mean?
These rankings show how the property compares to other homes in the same category. For example, being ranked #33 out of 48 on the street (Top 69%) means roughly 31% of similar homes on Monaco Bay have a smaller living area, and 69% have a larger one. Lower percentages (closer to 1%) are better; higher percentages mean more homes outrank it.

4. Is the lot size reasonable for a family or someone wanting a garden?
At 5,881 sqft, the lot is around average for the street and neighbourhood (averages are 5,906 sqft and 6,030 sqft, respectively). It's smaller than the citywide average (6,570 sqft), so it won't feel oversized, but it offers enough room for a modest garden, a small shed, or outdoor seating. Not ideal for someone wanting a large yard or space for a pool.

5. What should a buyer look out for with a 1962 home?
Older homes often have solid construction but may need updates to electrical, plumbing, insulation, or roofing. The age ranking (top 25% on the street) suggests it's one of the older homes in the area, so ask about recent renovations, the condition of the foundation, and whether the windows and furnace have been replaced. A home inspection is strongly recommended.

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