43 Gretna Bay

Meadowood, Winnipeg

Property score

66.8

Good

Overall 66.8 · Compared with neighbourhood average

1,120 sqft (top 32%) · Built in 1976 (2 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, 1 school, 4 parks, and 1 sports facility nearby

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 63%French · 9%

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

66.8 is composed by the two sections below.

Property Score

62.1Fair
Living Area1,120 sqft60Fair
Year Built197667Good
Lot Size4,969 sqft60Fair
Neighbourhood Sales Activity74Good

Community Score

73.8Good
Household Income83Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110598

Community deep dive

$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

Population, labour & age

Population (2021)517
Labour force participation rate59%
Median age46.0
Avg household size2.5
Unemployment rate11%
Population density3231 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households21%
Couple families with children31%
Median household income (2020)$97K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$328K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority30%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

above average
1,120 sqft
0255075100
Same streetTop 6%Same areaTop 32%CitywideBottom 42%
Same street · Gretna Bay
#2 / 36
Top 6% · Avg 1,006 sqft
Same area · Meadowood
#531 / 1,668
Top 32% · Avg 1,114 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
388k
0255075100
Same streetTop 39%Same areaTop 36%CitywideTop 42%
Same street · Gretna Bay
#14 / 36
Top 39% · Avg 383.8k
Same area · Meadowood
#602 / 1,668
Top 36% · Avg 375.6k
Citywide · Winnipeg
#80,778 / 194,458
Top 42% · Avg 390.1k

Year Built

Elite
1976
0255075100
Same streetTop 3%Same areaTop 39%CitywideTop 39%

Lot Size

around average
4,969 sqft
0255075100
Same streetBottom 6%Same areaBottom 28%CitywideBottom 43%

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

43 Gretna Bay — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 386 m), 1 education (nearest 497 m), 4 parks (nearest 226 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4
💪Sports1
🏦Finance1

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 9/2022CA$350k–400k
Sold price

Same street

Top 31%

Same area

Top 31%

City-wide

Top 43%

Related homes

Highlights & common questions: 43 Gretna Bay, Winnipeg

Property Overview: 43 Gretna Bay, Winnipeg

Key Characteristics & Appeal

This 1,120 sqft bungalow in Meadowood, built in 1976, presents a practical and efficient living proposition. Its primary appeal lies in its above-average interior space for the immediate street and neighborhood, ranking in the top 6% on Gretna Bay for living area. This suggests a home that makes good use of its footprint, potentially offering more room than neighboring properties. With an assessed value firmly in the middle range for the area, it represents a stable, mid-market entry into the community.

The property suits first-time buyers or downsizers looking for a manageable, single-level home in an established neighborhood without a premium price tag. A thoughtful perspective is that while the lot size is smaller than others on the street, this can translate to lower maintenance costs and less yard work—an advantage for those seeking simplicity. The home's age places it among the newer builds on the block, which may imply updates over the years or newer core components compared to older area homes.

Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 1,120 sqft, the home offers more interior space than most on its street (ranking 2nd largest out of 36) and is slightly above the average for the broader Meadowood area.

2. What is the property's assessed value and tax implication?
The assessed value is $38,800, which is very close to the average for both Gretna Bay and the Meadowood neighborhood, suggesting property taxes will be typical for the area.

3. Is the lot size a disadvantage?
The lot of 4,969 sqft is smaller than most on the street. This means less outdoor space but also reduced maintenance. It is closer to the city-wide average, indicating it's not unusually small overall.

4. When was the home built, and what does that mean?
Built in 1976, it is one of the newer homes on Gretna Bay. This era of construction may feature modernized electrical or plumbing systems compared to much older homes, but a specific inspection is needed to confirm the condition of the roof, windows, and major systems.

5. Can I find out the exact historical sale price?
The listed sale price range is from public data. The exact sale price is available upon request by email from the listing service, which they provide manually without using your email for marketing.

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