59.8
Fair
Property score
59.8
Fair
Overall 59.8
Compared with neighbourhood average
997 sqft (bottom 39%)
Built in 1975 (3 yrs older than avg)
Located in a high-income area
with median household income of ~97k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 5 parks, 1 sports facility, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Near average
3 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
38 Granby Bay — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 201 m), 5 parks (nearest 232 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 50% | Bottom 40% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 38 Granby Bay, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 38 Granby Bay is a quintessential Meadowood property, offering solid value and a grounded entry point into a mature Winnipeg neighbourhood. Built in 1975, its key metrics consistently place it around the average for its immediate street and area, presenting a home without extreme outliers in size or assessed value.
Its primary appeal lies in its balance and stability. With 997 sqft of living space and a 5,197 sqft lot, it provides practical, manageable space for daily living and outdoor enjoyment. The lot size is notably above the street average, suggesting a bit more privacy or yard potential than some neighbours. The home last sold between 2016-2025 for an estimated $300k-$350k, and its current assessed value of $37,200 aligns with area norms.
This property would suit first-time buyers or downsizers seeking an established, no-surprises home in a convenient location. It’s for the pragmatic buyer who values a predictable investment in a settled community over flashy features or a fixer-upper project. A thoughtful perspective is that its "average" standings can be a strength, indicating a lower risk of over-improvement for the area and a stable foundation for personal customization.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it is consistently middle-of-the-road for Granby Bay and Meadowood. Its living space is typical for the street, while its lot is larger than many neighbours', which is a subtle advantage.
2. What does the assessed value tell me about the property tax?
The assessed value of $37,200 is used to calculate property taxes. It is squarely in the average range for the area, so you can expect taxes to be typical for Meadowood, not abnormally high or low.
3. Is a 1975-built home a concern?
Homes from this era are common in the neighbourhood. While core systems like roof, windows, and furnace may be at or beyond their typical lifespan, its age is typical and factored into the value. A thorough inspection is always recommended.
4. How can I find out the exact past sale price?
The precise sale price is not public. The listing indicates you can email the provided service to request this information manually, which they will provide without marketing spam.
5. What are the less obvious things to consider here?
Consider that its consistent "average" rankings suggest a stable, predictable investment. Additionally, its above-average lot size for the street offers a relative advantage in outdoor space. The proximity to nearly identical neighbouring homes (like 42 and 34 Granby Bay) provides a clear picture of the immediate streetscape and potential comparable values.
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.
