3 Woodford Bay

Meadowood, Winnipeg

Property score

62.3

Fair

Overall 62.3 · Older than most nearby homes

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

Located in a above-average income area with median household income of ~87k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, 3 parks, and 1 government office nearby

Living Area

Near average

7% 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)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

62.3 is composed by the two sections below.

Property Score

57.6Fair
Living Area1,040 sqft52Fair
Year Built197358Fair
Lot Size5,998 sqft74Good
Neighbourhood Sales Activity74Good

Community Score

69.4Good
Household Income79Good
Education Level44Low
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health60Fair

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: #46110480

Community deep dive

$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

Population, labour & age

Population (2021)416
Labour force participation rate65%
Median age44.8
Avg household size2.4
Unemployment rate12%
Population density3200 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households26%
Couple families with children23%
Median household income (2020)$87K

Housing

Renter households9%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority17%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 69%
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 15%Same areaTop 50%CitywideBottom 32%
Same street · Woodford Bay
#5 / 34
Top 15% · Avg 949 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
442k
0255075100
Same streetTop 6%Same areaTop 11%CitywideTop 30%
Same street · Woodford Bay
#2 / 34
Top 6% · Avg 377.7k
Same area · Meadowood
#178 / 1,668
Top 11% · Avg 375.6k
Citywide · Winnipeg
#57,858 / 194,458
Top 30% · Avg 390.1k

Year Built

Elite
1973
0255075100
Same streetTop 3%Same areaBottom 24%CitywideTop 43%

Lot Size

above average
5,998 sqft
0255075100
Same streetTop 32%Same areaTop 22%CitywideTop 32%

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 Woodford Bay — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 400 m), 3 parks (nearest 266 m).

Search radius
🏫Education1
🌳Parks3
🏛️Government1

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 7/2024CA$400k–450k
Sold price

Same street

Top 8%

Same area

Top 10%

City-wide

Top 25%
Sold 9/2019CA$350k–400k
Sold price

Same street

Top 15%

Same area

Top 30%

City-wide

Top 42%

Related homes

Highlights & common questions: 3 Woodford Bay, Winnipeg

Property Overview & Key Characteristics

This home at 3 Woodford Bay in Winnipeg's Meadowood neighborhood presents a compelling blend of space, value, and established community. Built in 1973, its key appeal lies in its strong relative value and above-average lot size for the area. With 1,040 sqft of living space, it is notably larger than most direct neighbors on Woodford Bay, ranking in the top 15% on its street. The nearly 6,000 sqft lot is also generous, placing in the top 22% within Meadowood.

The home’s assessed value of $44,200 consistently ranks in the top tiers—6% on its street and 11% in the neighborhood—suggesting it is viewed as a higher-value property compared to its peers. Recent sale history indicates strong, competitive price growth. This profile suits value-conscious buyers looking for a well-sized home on a substantial lot in a mature neighborhood, particularly those who appreciate a property that stands out positively in its immediate surroundings without being the largest or newest home city-wide.


Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,040 sqft, this home is larger than the average (949 sqft) for comparable homes on Woodford Bay itself, offering more interior space than most of its direct neighbors.

2. What does the assessed value ranking indicate?
The assessment ranks in the top 6% on its street and top 11% in Meadowood. This suggests the municipal assessment views this property as having higher value relative to many nearby homes, which can be a positive indicator of its standing in the local market.

3. Is the lot size a notable feature?
Yes. The lot of 5,998 sqft is above the Meadowood neighborhood average, providing more outdoor space than over 75% of comparable properties in the area.

4. The home was built in 1973. Is that older than most in the area?
On Woodford Bay, it is actually the newest home among the 34 listed comparables. Within the broader Meadowood neighborhood, however, it is slightly older than the average comparable home built in 1978.

5. Where can I see more detailed comparisons with neighboring properties?
A dedicated neighborhood analysis page is available to view this property on a map and compare details like year built, living area, and lot size with nearby houses. A link is provided in the full property details to open this tool.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.