Property score
59.8
Fair
Overall 59.8 · Compared with neighbourhood average
997 sqft (bottom 39%) · Built in 1974 (4 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 4 parks, 1 sports facility, and 1 bank/ATM nearby
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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59.8 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: #46110598
$97K
Median household income
$94K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
21%
Single-person households
31%
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
26 Gretna Bay — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 425 m), 4 parks (nearest 240 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 38% | Top 32% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 26 Gretna Bay, Winnipeg
Key Characteristics & Appeal
This home at 26 Gretna Bay in Meadowood is a study in solid, established value. Built in 1974, its 997 sqft living space is very typical for its immediate street and neighborhood, offering a practical layout without excess. The true standout is its financial profile: with an assessed value of $41,700, it ranks in the top 11% on its own street and the top 17% in Meadowood, indicating it is viewed as a higher-value property within its local context. The lot size of just over 5,000 sqft provides standard suburban outdoor space.
The appeal lies in its position as a well-above-average asset in a familiar, average-setting. For a buyer, this suggests a home that has been maintained or features that are well-regarded by assessors relative to its peers. It last sold between $350k-$400k in 2020. This property would suit a pragmatic buyer—perhaps a first-time homeowner or a downsizer—who prioritizes financial prudence and established community character over size or newness. It’s for someone who sees a home as a stable, long-term holding and finds comfort in a property that outperforms its direct neighbors in key value metrics.
Frequently Asked Questions
1. What does a high assessed value ranking actually mean for me?
It primarily means the municipal property assessment is notably higher than many nearby homes, which can reflect positively on the property's condition, features, or desirability on the street. However, it's important to remember that assessed value is for taxation purposes and doesn't directly set market sale price.
2. Is the living space considered small?
At 997 sqft, it is slightly below the Winnipeg city average. However, within the Meadowood neighborhood and especially on Gretna Bay itself, it is squarely average to just below average. This indicates the home's size is very typical for its specific area, which is often more relevant for daily living and resale.
3. The home is 52 years old. What should I consider?
A home from this era may have undergone important updates. The key is to investigate the age and condition of major systems like roofing, windows, plumbing, and electrical. Its above-average assessed value for the area could hint at prior updates, but a thorough inspection is essential.
4. How does the 2020 sale price relate to today’s value?
The $350k-$400k sale price from 2020 is a historical data point. Current market value will be influenced by changes in the local market, any updates made to the home since then, and broader economic conditions. It serves as a reference, not a current appraisal.
5. Why is the city-wide assessed value average shown as $390k?
This appears to be a discrepancy in the provided data, likely a formatting error. The more relevant and consistent figures are the local averages: $38.4k on the street and $37.6k in Meadowood, which confirm this home's assessed value is above average in its immediate vicinity.
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