Property score
59.2
Fair
Overall 59.2 · Compared with neighbourhood average
988 sqft (bottom 37%) · Built in 1975 (3 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 4 parks, 1 sports facility, and 1 bank/ATM nearby
Living Area
Below average
11% 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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59.2 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
42 Gascon Road — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 340 m), 4 parks (nearest 150 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 30% | Top 22% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 42 Gascon Road, Meadowood
Key Characteristics & Appeal
This 988 sqft bungalow, built in 1975, sits on a just-under 5,000 sqft lot in Winnipeg's Meadowood neighbourhood. The data presents a home that is modest in scale but positioned in a stable, established area. Its primary appeal lies in its affordability and efficiency. With a living area below the average for its immediate street and the wider city, it represents a more manageable footprint—ideal for those seeking lower utility costs and less maintenance. The assessed value is notably below average on its street, which could indicate a relative value opportunity within the neighbourhood, especially for a buyer comfortable with a home of this vintage.
The property suits first-time buyers or downsizers looking for an entry point into a mature community without a premium price tag. Its lot size is consistent with others on the street, offering typical outdoor space for the area. A thoughtful perspective is that a home ranking "below average" in size and value on its own street can sometimes mean less competition from buyers chasing larger, updated properties, allowing a pragmatic purchaser to secure a solid location at a accessible price point. The 1975 build date places it in a cohort of homes that are ripe for personalized updates, appealing to those with a vision to add value over time.
Frequently Asked Questions
1. How does this home's value compare to recent sales?
It sold between $350,000 and $400,000 in 2023. Its current assessed value is below the average for Gascon Road, suggesting it may be valued conservatively relative to its immediate neighbours.
2. Is the living space significantly smaller than other homes nearby?
At 988 sqft, it is smaller than the average home on its street (1,042 sqft) and in Winnipeg overall (1,342 sqft). This makes it a compact, efficient layout, which is a trade-off for its accessible pricing.
3. What does the "below average" assessed value on the street indicate?
This typically means the home's official valuation is lower than most of its direct neighbours. This isn't inherently negative; it can reflect the home's smaller size or a more basic level of finish, which is often reflected in a more affordable asking price.
4. Is the lot a good size for the area?
Yes. The lot of 4,997 sqft is almost identical to the street average (5,002 sqft). It provides standard outdoor space for Meadowood, neither unusually large nor small.
5. Where can I see more detailed context about the neighbourhood?
You can use the provided link to open a neighbourhood map analysis, which visually compares this property to nearby houses based on year built, size, value, and lot dimensions. For the exact historical sold price, you can request the information via email.
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