1218 Hector Bay W

Grant Park, Winnipeg

Property score

60.0

Fair

Overall 60.0 · Newer than most nearby homes

1,052 sqft (top 37%) · 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

Near average

1% smaller 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

60.0 is composed by the two sections below.

Property Score

53.0Fair
Living Area1,052 sqft52Fair
Year Built195843Low
Lot Size4,888 sqft60Fair
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

around average
1,052 sqft
0255075100
Same streetTop 39%Same areaTop 37%CitywideBottom 34%
Same street · Hector Bay W
#79 / 201
Top 39% · Avg 1,040 sqft
Same area · Grant Park
#130 / 352
Top 37% · Avg 1,061 sqft
Citywide · Winnipeg
#129,083 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
427k
0255075100
Same streetTop 20%Same areaTop 20%CitywideTop 33%
Same street · Hector Bay W
#41 / 201
Top 20% · Avg 358.1k
Same area · Grant Park
#69 / 352
Top 20% · Avg 360.1k
Citywide · Winnipeg
#63,248 / 194,458
Top 33% · Avg 390.1k

Year Built

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

Lot Size

around average
4,888 sqft
0255075100
Same streetTop 44%Same areaTop 43%CitywideBottom 41%

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

1218 Hector Bay W — 32 amenities found within 500 m, across 7 categories, including 15 dining (nearest 184 m), 1 education (nearest 320 m), 4 healthcare (nearest 277 m).

Search radius
🍽️Dining15
🏫Education1
🏥Healthcare4
🛒Shopping5
🌳Parks1
💪Sports2
🏦Finance4

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 11/2017CA$300k–350k
Sold price

Same street

Top 34%

Same area

Top 35%

City-wide

Top 49%

Related homes

Highlights & common questions: 1218 Hector Bay W, Winnipeg

Property Overview: 1218 Hector Bay W, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, one-storey home in Winnipeg's established Grant Park neighborhood. Built in 1958, it offers 1,052 sqft of living space on a near 5,000 sqft lot, with a renovated basement. Its appeal lies in its solid, above-average positioning within its immediate area. While the living space is typical for the street and neighborhood, the home's assessed value ranks in the top 20% locally, suggesting desirable updates or features not fully captured by square footage alone. The renovated basement adds functional living space, a key asset in a single-storey layout.

This property would suit a first-time homebuyer or downsizer seeking a manageable, single-level home in a mature community. It’s also a practical fit for those who value a larger, private lot over a massive interior, offering room for gardening or outdoor enjoyment. The above-average assessment for the area indicates it may appeal to buyers looking for a move-in-ready home without the premium price of a newly built property, offering character and established surroundings.


Frequently Asked Questions

1. What does the "above average" assessed value ranking mean for this home?
It means the municipal assessment for this property is higher than 80% of comparable homes on its street and in Grant Park. This often reflects quality renovations, desirable lot attributes, or overall condition that the city recognizes in its valuation, potentially signaling a well-cared-for home.

2. Is the lack of a garage a significant drawback?
This depends on buyer needs. Many homes in older neighborhoods lack garages. The large lot provides ample space for off-street parking and potential future construction of a garage or carport, subject to local bylaws.

3. How does the living space compare to a typical Winnipeg home?
At 1,052 sqft, the main floor living area is slightly below the current city-wide average. However, the renovated basement effectively expands the usable space, making the total functional area more competitive. It's squarely average for the Grant Park area, which features many charming, character homes of this era.

4. The home was last sold in 2017. What can be inferred from that?
The seven-year ownership period suggests stability, which can be positive. It often indicates a seller who has likely invested in maintenance and updates during their tenure, rather than a quick "flip."

5. What are the less obvious considerations for a home of this age?
While the basement is renovated, a 1958-built home will have core systems—like plumbing, electrical, and the foundation—that are nearly 70 years old. A thorough inspection is crucial to understand the condition and remaining lifespan of these fundamental components, beyond the visible updates.

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