Property score
66.3
Good
Overall 66.3 · Larger than most nearby homes
1,240 sqft (top 17%) · Built in 1957
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: 15 dining spots, 1 school, 4 healthcare facilitys, and 5 shops nearby
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 49%Punjabi · 9%
Past 10 years Grant Park sales snapshot (~80% of all data)
126
360k
$315/sqft
1957
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66.3 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110429
$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
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
1150 Hector Bay W — 32 amenities found within 500 m, across 8 categories, including 15 dining (nearest 99 m), 1 education (nearest 404 m), 4 healthcare (nearest 167 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 42% | Bottom 45% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1150 Hector Bay W, Grant Park, Winnipeg
Key Characteristics & Appeal
This is a well-positioned, one-storey home in the established Grant Park neighbourhood. Built in 1957, its key strength lies in offering above-average space and value within its immediate context. With 1,240 sqft of living area and a 5,657 sqft lot, it ranks in the top 25-30% of similar homes on its street and in the wider Grant Park area for both size and assessed value. The home features a renovated basement and a detached garage.
Its appeal is grounded in offering more house and land than many comparable properties in a desirable area, suggesting a solid value proposition. It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout in a mature neighbourhood, without compromising on indoor and outdoor space relative to nearby options. A thoughtful perspective is that while its citywide rankings for size and value are around average, its standout performance within Grant Park indicates you are paying for a premium lot and home for that specific community, which can be a wiser investment than a similarly priced home that is average or below-average in a more expensive district.
Frequently Asked Questions
1. What does the "above average" ranking actually mean for this home?
It means that compared to similar homes directly on Hector Bay W and in the Grant Park area, this property has more living space, a larger lot, and a higher assessed value than most of its immediate peers. This suggests it's a stronger-than-typical offering in its local market.
2. The home was built in 1957. What should I consider?
While the building age is typical for the area, a home of this vintage will likely have original components, like windows, plumbing, or electrical systems, that may need evaluation or updating. The renovated basement is a positive, but the condition of the main structure and other major systems should be a focus of a professional inspection.
3. How useful is the sold price history from 2016?
The 2016 sale price provides a historical benchmark, but it is not indicative of current market value. Its primary use is to understand the property's price trajectory over a long period. For a current valuation, you should rely on a comparative market analysis of recent sales in Grant Park.
4. The assessed value is listed as $39.50k. Is that the market value?
No. Municipal assessed values in Manitoba are typically much lower than market value and are used for calculating property taxes. The market value is determined by what buyers are currently willing to pay, which is often significantly higher. The key takeaway from the assessment data is that this home is assessed higher than many of its neighbours.
5. Who would this home not suit as well?
Buyers seeking a modern, turn-key home with no renovation projects may find the 1957 build date a drawback. Additionally, those who prioritize a massive city-sized lot or ultra-modern open-concept layouts might find better options in newer suburban developments, albeit potentially at a higher price per square foot in a less central location.
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