Property score
67.4
Good
Overall 67.4 · Larger and newer than most nearby homes
1,240 sqft (top 17%) · Built in 1958 (1 yr newer than avg)
Located in a above-average income area with median household income of ~65k
Transit 80.0 · 3-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
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)
126
360k
$315/sqft
1957
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67.4 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
1202 Hector Bay W — 32 amenities found within 500 m, across 7 categories, including 15 dining (nearest 151 m), 1 education (nearest 381 m), 4 healthcare (nearest 278 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 24% | Top 23% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1202 Hector Bay W, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Grant Park is defined by its generous, above-average lot size—over 6,700 sqft—which stands out as elite for both the street and the neighborhood. Built in 1958, the home itself offers 1,240 sqft of living space, which is comfortably above the local average, and features a renovated basement. A detached garage completes the picture. The appeal lies in a established, quiet area where the land itself represents a significant portion of the value, offering ample outdoor space and potential in a city where large lots are increasingly rare. Its assessed value consistently ranks above average, suggesting solid intrinsic worth.
This property would suit a buyer looking for a grounded, long-term home in a mature neighborhood, prioritizing private outdoor space over a brand-new build. It’s an ideal match for someone with renovation or expansion plans, where the existing structure can be adapted over time, or for those who simply value room to garden, play, or unwind in their own sizable yard. The renovated basement adds immediate functional living space, making it practical for growing families or those needing a flexible layout.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The land area of 6,727 sqft is in the top 19% city-wide, but more notably, it ranks in the top 5% within the Grant Park neighborhood. This means the lot is a standout feature compared to most nearby properties.
2. Is the living space modern or dated?
The home was built in 1958, so the main structure reflects that era. However, the basement has been renovated, indicating some updates. Buyers should anticipate the character and potential maintenance needs of a mid-century home, balanced by the updated lower level.
3. What does the "above average" assessed value mean for property taxes?
While an above-average assessed value (top 15% in the area) indicates strong market value for the property, it also typically correlates with proportionately higher property taxes compared to homes with lower assessments in the same municipality.
4. The most recent sold price range seems lower than the assessed value. Why?
The provided sold price range is from early 2025. Market conditions, the property's specific condition at sale, and negotiated terms all influence final sale price. The assessed value is for taxation purposes and is based on a municipal valuation model, not necessarily the immediate market price.
5. What is the neighborhood context of Grant Park like?
Grant Park is an established area with a mix of older homes. The data shows this home's metrics (size, value, lot) consistently rank above the local averages, suggesting it is among the more substantial properties in this particular neighborhood.
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