Property score
57.1
Fair
Overall 57.1 · Compared with neighbourhood average
936 sqft (bottom 43%) · Built in 1956 (1 yr older than avg)
Located in a above-average income area with median household income of ~65k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 7 dining spots, 1 school, 1 healthcare facility, and 5 shops nearby
Living Area
Near average
12% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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57.1 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: #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
506 Wilton Bay — 17 amenities found within 500 m, across 7 categories, including 7 dining (nearest 291 m), 1 education (nearest 345 m), 1 healthcare (nearest 266 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 41% | Top 50% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 506 Wilton Bay, Grant Park, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1956, situated on a standard-sized lot in Winnipeg's established Grant Park neighborhood. With 936 square feet of living space, it is notably smaller than many homes on its own street but aligns more closely with the average size for the Grant Park area. Its key updated feature is a renovated basement, adding functional living space, and it includes a detached garage.
The primary appeal lies in its position as a relatively affordable entry point into a mature, central neighborhood. The home’s assessed value is consistently around average for its immediate area, city-wide, and for Grant Park, suggesting a stable, non-inflated market position. For its street, it is one of the newer homes (built in 1956, ranking in the top 10% locally by year), which may imply somewhat newer infrastructure compared to neighbors.
This property would best suit first-time buyers, downsizers, or practical investors seeking a manageable, low-maintenance footprint in a central location without a premium price tag. It’s a home for those who value location and lot size over square footage, and who see potential in the already-renovated basement to maximize the usable space.
Frequently Asked Questions
1. Is this house a good value for the Grant Park area?
Based on assessed value, it sits solidly around the average for the neighborhood. You are not paying a premium for the location, but you are getting a typical price for a smaller-than-average home in the area, with the benefit of a renovated basement.
2. How does the size compare to nearby homes?
At 936 sqft, the living area is below average for Wilton Bay street itself but is much closer to the Grant Park area average. This indicates the home is more characteristic of the broader neighborhood than of its specific, possibly larger-lot, street.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the seller or agent to understand the quality of the renovation and whether it includes legal secondary suites, additional bedrooms, or simply finished living space.
4. What is the typical price history for this home?
Public data shows it last sold in September 2016 for an estimated range of $29.5k to $32.5k. The current assessed value is $37.7k. For exact historical sold prices, you must request the information directly from the listing source.
5. The home was built in 1956. What should I be concerned about?
While it is newer than many on its street, a 70-year-old home will still require due diligence. Key points for a professional inspection would include the age and condition of the roof, foundation, plumbing, electrical systems, and the quality/permits of the basement renovation.
