Property score
65.2
Good
Overall 65.2 · Larger and newer than most nearby homes
1,151 sqft (top 24%) · Built in 1959 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~65k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 15 dining spots, 1 school, 4 healthcare facilitys, and 6 shops nearby
Living Area
Above average
8% larger than neighborhood avg.
Year Built
Above average
2 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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65.2 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
1194 Hector Bay W — 31 amenities found within 500 m, across 7 categories, including 15 dining (nearest 164 m), 1 education (nearest 409 m), 4 healthcare (nearest 304 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 | Top 37% | Top 37% | Top 50% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 1194 Hector Bay W in Winnipeg's Grant Park neighbourhood presents a solid, grounded opportunity. Its appeal lies in a combination of established character, above-average space, and a lot size that stands out in the local context. Built in 1959, the 1,151 sqft house sits on a notably generous 6,677 sqft lot—a feature that ranks in the top 6% for the immediate area. The home has a renovated basement and a detached garage.
The property is well-suited for a few specific buyer types. First-time buyers or downsizers looking for a manageable single-level layout in a mature neighbourhood will find its scale practical. Its standout lot size is a key asset, offering rare potential for expansion, gardening, or outdoor living compared to nearby properties. The home also represents a stable, "middle-of-the-road" value proposition within the city, assessed near the Winnipeg average, making it a sensible choice for those seeking an established home without a premium price tag. It’s a property for someone who values space and potential over brand-new finishes.
Frequently Asked Questions
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms.
How does the assessed value relate to the likely selling price?
The home's assessed value is $39,800, but this is for tax purposes and is typically far below market value. The last recorded sale was in late 2021 for approximately $31.5k–$34.5k (again, a likely data reflection of the assessed value, not market price). The actual market price will be determined by current conditions, recent comparable sales, and the home's specific features.
Is the large lot a benefit for future expansion?
Potentially, yes. The lot size is a significant advantage in this area. It could allow for a future addition, a large garage or workshop, or simply provide more private outdoor space than is typical. Any expansion would require checking local zoning bylaws and obtaining necessary permits.
What are the implications of the home's age (built 1959)?
While well-maintained, a home of this age may have original components, like plumbing, electrical, or the roof, that are nearing the end of their service life. A thorough inspection is essential to understand the condition and plan for any upcoming updates or maintenance.
How does this home compare to others in Grant Park?
The data shows this home is above average for the neighbourhood in key metrics: its living space is in the top 24%, its lot size is in the top 6%, and it is slightly newer than the area average. This suggests it is a competitively sized property on a premium-sized lot within Grant Park.
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