3 Pembridge Bay

Meadowood, Winnipeg

Property score

68.8

Good

Overall 68.8 · Older than most nearby homes

1,040 sqft (top 50%) · Built in 1973 (5 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 68%French · 5%

Past 10 years Meadowood sales snapshot (~80% of all data)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

68.8 is composed by the two sections below.

Property Score

58.6Fair
Living Area1,040 sqft52Fair
Year Built197358Fair
Lot Size6,077 sqft81Excellent
Neighbourhood Sales Activity74Good

Community Score

84.0Excellent
Household Income84Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

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: #46110478

Community deep dive

$98K

Median household income

$107K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

19%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate70%
Median age40.8
Avg household size2.7
Unemployment rate9%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households19%
Couple families with children34%
Median household income (2020)$98K

Housing

Renter households0%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority43%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,040 sqft
0255075100
Same streetTop 7%Same areaTop 50%CitywideBottom 32%
Same street · Pembridge Bay
#3 / 46
Top 7% · Avg 976 sqft
Same area · Meadowood
#828 / 1,668
Top 50% · Avg 1,114 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
385k
0255075100
Same streetTop 26%Same areaTop 39%CitywideTop 42%
Same street · Pembridge Bay
#12 / 46
Top 26% · Avg 370.8k
Same area · Meadowood
#644 / 1,668
Top 39% · Avg 375.6k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

Elite
1973
0255075100
Same streetTop 2%Same areaBottom 24%CitywideTop 43%

Lot Size

above average
6,077 sqft
0255075100
Same streetTop 13%Same areaTop 20%CitywideTop 29%

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

3 Pembridge Bay — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 197 m), 1 parks (nearest 375 m).

Search radius
🏫Education1
🌳Parks1
Worship1

Crime & Safety

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%

Sales History

Sold 6/2016CA$250k–300k
Sold price

Same street

Bottom 21%

Same area

Bottom 20%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 3 Pembridge Bay, Winnipeg

Property Overview: 3 Pembridge Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,040 sqft bungalow, built in 1973, sits on a generous 6,077 sqft lot in Meadowood. Its primary appeal lies in its strong positioning within its immediate neighbourhood. The home is notably above average for Pembridge Bay itself, ranking in the top 7% for living area and the top 13% for lot size. It is the newest home on its street, a rare find that suggests potentially fewer major age-related issues compared to neighbours.

The property offers a balanced proposition: a manageable-sized home on a larger-than-average lot for the area, providing space and privacy. The assessed value is stable and consistent with the broader Meadowood community. This combination suits practical buyers looking for a solid, no-surprises foundation in a mature neighbourhood. It would appeal to first-time homeowners, downsizers seeking single-level living, or investors looking for a well-located rental property with a good lot. A thoughtful perspective is that while the home is average in size for the wider city, its superior ranking on its own street indicates a desirable and potentially quieter location within the community.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
It stands out positively. It has a larger living area than 93% of homes on Pembridge Bay and a larger lot than 87% of them. Crucially, it was built in 1973, making it the newest house on the street.

2. What does the sold price history indicate?
Public records show it last sold between $250,000 and $300,000 in 2016. This historical data can provide context, but for the exact sale price, you must request the information directly from the listing service via email.

3. Is the assessed value a good indicator of the market price?
The assessed value of $385,000 is for municipal tax purposes. It is a data point that shows the home is valued above average for its street but is generally in line with the Meadowood area. Market price is determined by current conditions and can be higher or lower.

4. What are the potential considerations with a 1973 home?
While being the newest on the street is a advantage, a 53-year-old home will still require due diligence. Key systems like roofing, plumbing, electrical, and the furnace should be inspected, as some may be original or nearing the end of their service life.

5. What opportunities does the lot size present?
At over 6,000 sqft, the lot is significantly larger than many in Meadowood. This not only provides more yard space but also future potential for expansions like a garage, a larger deck, or garden features, subject to local zoning bylaws.

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