Property score
66.3
Good
Overall 66.3 · Compared with neighbourhood average
1,120 sqft (top 32%) · 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
Living Area
Near average
1% larger 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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66.3 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 Granby Bay — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 187 m), 5 parks (nearest 240 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 40% | Bottom 44% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 42 Granby Bay, Winnipeg
Key Characteristics & Appeal
This 1,120 sqft bungalow, built in 1975 on a 5,197 sqft lot in Meadowood, presents a compelling value proposition rooted in its strong positional metrics. Its primary appeal lies in its standout assessed value relative to its immediate surroundings. The home holds an "Elite" top 3% ranking for assessed value on its own street and an "above average" ranking within the broader Meadowood area, suggesting it is a high-value asset in its local context. The living space is also notably above average for the street.
This creates an interesting dynamic: you're acquiring a property that is statistically a leading investment on its block, yet housed in a typical, well-established neighbourhood home from the 1970s. It would suit a pragmatic buyer—perhaps a first-time homeowner, an investor, or someone looking to downsize—who values solid fundamentals and potential equity over a modern or renovated finish. The data suggests an opportunity to own a top-tier property on the block without the premium price of a newer subdivision, ideal for someone comfortable with a home of this vintage and seeing potential in its underlying value.
Frequently Asked Questions
1. What does the "Elite" assessed value ranking actually mean?
It means that of the 39 comparable homes on Granby Bay, this property has the highest municipal assessed value. This often indicates the city assesses it as having superior characteristics (like size, condition, or improvements) compared to its direct neighbours, which can be a positive factor for long-term value.
2. Is the living area spacious for the neighbourhood?
Yes. The home's living area ranks in the top 8% on its street, meaning it is larger than 92% of its immediate neighbours. It offers more interior space than the typical home on Granby Bay.
3. How does the sold price history work?
The listed sold price (CA$300k–350k in 2016) is a range based on public data. To receive the exact historical sale price, you can request it via email. The service is manual, with a promise of a reply by the end of the same day and no unsolicited marketing.
4. The home was built in 1975. What should I consider?
A home of this age will likely have had major components like the roof, windows, furnace, and electrical updated over time. A key part of your due diligence should be to verify the age and condition of these systems, as they represent expected maintenance costs.
5. How does the lot size compare?
At just over 5,000 sqft, the lot is roughly average for the street and the Meadowood area. It provides a standard suburban yard space but is not an unusually large parcel.
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