Property score
65.1
Good
Overall 65.1 · Larger and newer than most nearby homes
1,160 sqft (top 24%) · Built in 1958 (1 yr newer than avg)
Located in a above-average income area with median household income of ~70k
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
9% larger than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 62%Tagalog · 6%
Past 10 years Grant Park sales snapshot (~80% of all data)
126
360k
$315/sqft
1957
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65.1 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: #46110421
$70K
Median household income
$80K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
36%
Single-person households
22%
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
1240 Hector Bay W — 32 amenities found within 500 m, across 8 categories, including 15 dining (nearest 163 m), 1 education (nearest 318 m), 4 healthcare (nearest 240 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 34% | Bottom 37% | Bottom 35% |
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 1240 Hector Bay W in Winnipeg's Grant Park neighbourhood presents a practical opportunity. Built in 1958, its key appeal lies in a generous 6,223 sqft lot, which is notably larger than most in the immediate area. The 1,160 sqft living space is above average for the street and neighbourhood, and it features a renovated basement. There is no garage or pool. The home’s assessed value is consistent with area averages.
Its appeal is grounded in space and location. The large lot is a standout feature, offering rare potential for gardening, expansion, or simply more private outdoor space compared to neighbouring properties. The above-average living area and updated basement suggest a home that’s been maintained and is move-in ready for its vintage. It would suit a first-time buyer, a downsizer looking for single-level living without sacrificing yard space, or an investor attracted to a well-sized property in an established neighbourhood. A thoughtful perspective is that while the house itself is of average assessed value for the city, you are primarily acquiring a land parcel that is larger than typical—a value proposition that may appreciate differently.
Frequently Asked Questions
What is the exact prior sale price?
The public data shows a sale in January 2019 in the range of $265,000 to $295,000. For the precise figure, you can request the exact sold price history via email from the listing source.
Is the basement a legal suite?
The listing notes the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
Why is the assessed value different from nearby similar-valued homes?
The assessment is for the property itself. Nearby homes with identical assessed values (e.g., $37,800) are likely similar in the municipality's valuation model but may differ in features, condition, and lot size.
How does the lack of a garage affect parking?
The property has no garage. Buyers should assess the driveway space and on-street parking availability for their needs.
How does the home’s size compare practically?
At 1,160 sqft, it offers more living space than many Grant Park bungalows. When combined with the renovated basement, it provides functional space that exceeds the neighbourhood average, though it remains smaller than the Winnipeg city-wide average for houses.
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