1142 Hector Bay E

Grant Park, Winnipeg

Property score

64.2

Fair

Overall 64.2 · Larger and newer than most nearby homes

1,148 sqft (top 25%) · Built in 1958 (1 yr newer than avg)

Located in a above-average income area with median household income of ~65k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 12 dining spots, 1 school, 3 healthcare facilitys, and 5 shops nearby

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 49%Punjabi · 9%

Past 10 years Grant Park sales snapshot (~80% of all data)

Sold Count

126

Median price

360k

$/sqft

$315/sqft

Avg build year

1957

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Property score

64.2 is composed by the two sections below.

Property Score

59.9Fair
Living Area1,148 sqft60Fair
Year Built195843Low
Lot Size5,657 sqft74Good
Neighbourhood Sales Activity84Excellent

Community Score

70.6Good
Household Income68Good
Education Level82Excellent
Housing Stress63Fair
Core Housing Need63Fair
Employment Health76Good

Neighbourhood Sales

Grant Park

How to read: Share of sales in each ~$50k price band for “grant 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: #46110429

Community deep dive

$65K

Median household income

$74K

Average household income

19%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

22%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)685
Labour force participation rate67%
Median age34.8
Avg household size2.4
Unemployment rate4%
Population density5708 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households22%
Couple families with children24%
Median household income (2020)$65K

Housing

Renter households59%
Condominium dwellings11%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)40%
Visible minority54%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Punjabi · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,148 sqft
0255075100
Same streetTop 25%Same areaTop 25%CitywideBottom 45%
Same street · Hector Bay E
#50 / 201
Top 25% · Avg 1,040 sqft
Same area · Grant Park
#87 / 352
Top 25% · Avg 1,061 sqft
Citywide · Winnipeg
#107,616 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

above average
418k
0255075100
Same streetTop 22%Same areaTop 21%CitywideTop 34%
Same street · Hector Bay E
#44 / 201
Top 22% · Avg 358.1k
Same area · Grant Park
#74 / 352
Top 21% · Avg 360.1k
Citywide · Winnipeg
#66,567 / 194,458
Top 34% · Avg 390.1k

Year Built

above average
1958
0255075100
Same streetTop 24%Same areaTop 28%CitywideBottom 39%

Lot Size

above average
5,657 sqft
0255075100
Same streetTop 25%Same areaTop 21%CitywideTop 39%

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

1142 Hector Bay E — 27 amenities found within 500 m, across 8 categories, including 12 dining (nearest 87 m), 1 education (nearest 443 m), 3 healthcare (nearest 142 m).

Search radius
🍽️Dining12
🏫Education1
🏥Healthcare3
🛒Shopping5
🌳Parks1
💪Sports1
🏦Finance3
Worship1

Crime & Safety

Grant Park · WPS public data · 2026

Annual incidents

16

2026

vs. city avg

-46%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

63%

Sales History

Sold 8/2021CA$400k–450k
Sold price

Same street

Top 12%

Same area

Top 11%

City-wide

Top 24%

Related homes

Highlights & common questions: 1142 Hector Bay E, Winnipeg

Property Overview: 1142 Hector Bay E, Grant Park, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, one-storey home built in 1958, situated on a generous 5,657 sqft lot in Winnipeg's established Grant Park neighborhood. Its key appeal lies in its strong positioning within its immediate area. The home's living space (1,148 sqft) and land area are both in the top 25% for Hector Bay East, offering more room than many direct neighbors. It features a renovated basement and a detached garage.

The data suggests a property that has been cared for and represents solid value within its specific community. While its size and age are around the city-wide average, it stands out locally. This creates a unique value proposition: you're acquiring a home that is above-average for its desirable street and neighborhood, without the premium of a newer or significantly larger city-wide property. It would suit practical buyers looking for a character home in a mature area, who prioritize lot size and local livability over brand-new finishes. It's also a sensible option for those who appreciate the stability and lower property taxes that can come with a moderate assessed value relative to the city.

Frequently Asked Questions

1. How does this home's value compare to others nearby?
The home's assessed value is in the top 22% on its street and top 21% in Grant Park, indicating it is valued higher than many comparable neighboring properties. This often reflects updates, lot size, or overall condition.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finish quality, permits, ceiling height, and whether it includes a separate entrance or legal suite potential.

3. Is the lot size a significant advantage?
Yes. At over 5,600 sqft, the lot is larger than about 75% of those on the same street. This offers valuable outdoor space, gardening potential, and room for additions like a shed or deck, which is a notable perk in an older neighborhood.

4. The home was last sold in 2021. What might that indicate?
The sale 4 years ago could suggest the current owners have completed recent updates before listing. It also provides a relatively recent market price point for comparison, though market conditions have likely shifted since.

5. How does the age of the home (1958) factor into maintenance?
While the home's age is typical for the area, a buyer should pay special attention to the condition of major aging components, such as the roof, plumbing, electrical systems, and the foundation, even with a renovated basement. A thorough inspection is advised.

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