Property score
58.7
Fair
Overall 58.7 · Older than most nearby homes
960 sqft (bottom 32%) · Built in 1973 (5 yrs older than avg)
Located in a above-average income area with median household income of ~87k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 school, 3 parks, and 1 government office nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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58.7 is composed by the two sections below.
Property Score
Community Score
Meadowood
How to read: Share of sales in each ~$50k price band for “meadowood” (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: #46110480
$87K
Median household income
$82K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
23%
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
23 Woodford Bay — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 446 m), 3 parks (nearest 255 m).
Meadowood · WPS public data · 2026
Annual incidents
24
2026
vs. city avg
-19%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
58%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 31% | Top 37% | Top 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 23 Woodford Bay in Winnipeg's Meadowood neighbourhood presents a practical and well-situated option. Its key appeal lies in a combination of a generous, private lot and a home that has seen foundational updates. The nearly 6,000 sqft lot size is a standout feature, ranking within the top quarter for the street and neighbourhood, offering significant outdoor space relative to many area homes. The basement has been renovated, adding functional living space, and the property includes a detached garage.
The home would suit first-time buyers or downsizers looking for a manageable single-level layout on a low-maintenance lot with room to garden or entertain. It also appeals to value-conscious buyers or investors interested in a property in a stable neighbourhood where the land itself represents a substantial portion of the asset's value. A less obvious perspective is that, while the living area is modest, its lot size ranking significantly higher than its living area ranking suggests a property where the land may offer future potential relative to the home itself. The assessed value is strong for the area, indicating official confidence in the property above many of its immediate peers.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 5,998 sqft lot is a key feature, larger than approximately 78% of lots in the Meadowood neighbourhood and 68% on Woodford Bay itself, offering more privacy and yard space than many comparable properties.
2. Has the property been updated recently?
The listing confirms the basement has been renovated. Buyers should inquire about the scope and permits for this work, as well as the age of major systems like roof, HVAC, and windows, to understand immediate maintenance needs.
3. What is the neighbourhood like?
Meadowood is a mature, established neighbourhood. The property's high percentile rankings for lot size and assessed value within the area suggest it is among the more substantial homes on its street and in the immediate vicinity.
4. Why is the assessed value higher than the last sale price?
The home last sold in 2019 for $34,800 and is now assessed at $40,900. This increase reflects market changes, the renovated basement, and the property's strong lot value. It's a positive indicator but not a direct predictor of sale price.
5. Who might this property not suit?
Buyers seeking a modern, open-concept layout or substantial above-ground square footage may find the 960 sqft living area limiting. It's best for those comfortable with a classic one-storey floor plan who prioritize lot size over interior size.
