34 Lafortune Bay

Meadowood, Winnipeg

Property score

70.9

Good

Overall 70.9 · Larger and newer than most nearby homes

1,155 sqft (top 28%) · Built in 1984 (6 yrs newer than avg)

Located in a high-income area with median household income of ~94k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

4% larger than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 66%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

70.9 is composed by the two sections below.

Property Score

63.3Fair
Living Area1,155 sqft60Fair
Year Built198473Good
Lot Size4,916 sqft60Fair
Neighbourhood Sales Activity74Good

Community Score

82.3Excellent
Household Income82Excellent
Education Level91Excellent
Housing Stress83Excellent
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: #46110599

Community deep dive

$94K

Median household income

$108K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

22%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)685
Labour force participation rate62%
Median age41.6
Avg household size2.6
Unemployment rate8%
Population density3605 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children33%
Median household income (2020)$94K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority35%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 65%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

above average
1,155 sqft
0255075100
Same streetBottom 8%Same areaTop 28%CitywideBottom 45%
Same street · Lafortune Bay
#22 / 24
Bottom 8% · Avg 1,484 sqft
Same area · Meadowood
#472 / 1,668
Top 28% · Avg 1,114 sqft
Citywide · Winnipeg
#106,002 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
386k
0255075100
Same streetBottom 1%Same areaTop 38%CitywideTop 42%
Same street · Lafortune Bay
#24 / 24
Bottom 1% · Avg 454.9k
Same area · Meadowood
#631 / 1,668
Top 38% · Avg 375.6k
Citywide · Winnipeg
#81,862 / 194,458
Top 42% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 25%Same areaTop 14%CitywideTop 30%

Lot Size

around average
4,916 sqft
0255075100
Same streetBottom 8%Same areaBottom 27%CitywideBottom 42%

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

34 Lafortune Bay — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 489 m), 1 education (nearest 227 m), 1 healthcare (nearest 472 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks3

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 7/2016CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 49%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 34 Lafortune Bay, Winnipeg

Property Overview: 34 Lafortune Bay, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,155 sqft bungalow, built in 1984, sits on a 4,916 sqft lot in the Meadowood neighbourhood. Its key appeal lies in its positioning as a competitively sized and valued home within a mature, established area. The data reveals a nuanced story: while it is one of the smaller and lower-assessed homes on its own street (Lafortune Bay), it compares more favourably within the broader Meadowood area and city-wide averages. This suggests it offers a practical entry point into a desirable pocket of the neighbourhood.

The home would suit first-time buyers or downsizers seeking a manageable property without the premium price tag of the largest homes on the street. Its above-average age ranking indicates it is among the newer homes in its comparative groups, which can be appealing for maintenance considerations. A thoughtful perspective is that this property represents the "value play" on its block—offering similar location benefits as neighbouring homes, potentially with lower property taxes due to its assessed value, making it an efficient choice for budget-conscious buyers who still want the neighbourhood lifestyle.

Section 2: Frequently Asked Questions

1. How does this home’s size truly compare to others?
While it's below the average size for Lafortune Bay, it is actually above the average living area for the wider Meadowood area. This indicates you're getting a home that is reasonably spacious for the neighbourhood, just on a street where many homes are larger.

2. Why is the assessed value relatively low?
The assessed value is the lowest on its street but aligns closely with the averages for Meadowood and city-wide. This typically reflects the home’s smaller size and potentially more modest features compared to its immediate neighbours, not necessarily the condition or desirability.

3. What does the "above average" year built ranking mean?
Built in 1984, this home is newer than many in Winnipeg and in Meadowood. On its street, it ranks in the top 25%, meaning only a few homes are newer. This can be an advantage regarding the age of major components like wiring, plumbing, and insulation compared to older stock.

4. Is the lot size a drawback?
The lot is smaller than average for the street and Meadowood, but near the city-wide average. It provides a manageable yard space for maintenance, which could be seen as a benefit for those not wanting extensive outdoor upkeep.

5. How can I find out the exact historical sale price?
The listed sale price is a public data range. To obtain the exact sale price from its last transaction, you must request it via email through the provided service on the listing page. This is a manual process to ensure data privacy and accuracy.

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