46 Gascon Road

Meadowood, Winnipeg

Property score

56.7

Fair

Overall 56.7 · Smaller than most nearby homes

846 sqft (bottom 14%) · Built in 1976 (2 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 74.0 · 2-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

24% smaller 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

56.7 is composed by the two sections below.

Property Score

45.3Low
Living Area32
846 sqftLow
Year Built67
1976Good
Lot Size60
4,997 sqftFair
Neighbourhood Sales Activity74
Good

Community Score

73.8Good
Household Income83
Excellent
Education Level44
Low
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

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

below average
846 sqft
0255075100
Same streetBottom 1%Same areaBottom 14%CitywideBottom 12%
Same street · Gascon Road
#19 / 19
Bottom 1% · Avg 1,042 sqft
Same area · Meadowood
#1,430 / 1,668
Bottom 14% · Avg 1,114 sqft
Citywide · Winnipeg
#170,318 / 194,458
Bottom 12% · Avg 1,342 sqft

Tax-Assessed Value

around average
371k
0255075100
Same streetBottom 21%Same areaBottom 47%CitywideTop 47%
Same street · Gascon Road
#15 / 19
Bottom 21% · Avg 379.7k
Same area · Meadowood
#890 / 1,668
Bottom 47% · Avg 375.6k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

Elite
1976
0255075100
Same streetTop 5%Same areaTop 39%CitywideTop 39%

Lot Size

around average
4,997 sqft
0255075100
Same streetBottom 47%Same areaBottom 30%CitywideBottom 44%

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

46 Gascon Road — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 340 m), 4 parks (nearest 135 m).

Search radius
🍽️Dining1
🌳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 2/2019CA$300k–350k
Sold price

Same street

Bottom 20%

Same area

Bottom 35%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 46 Gascon Road, Winnipeg

Property Overview: 46 Gascon Road, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 46 Gascon Road is a practical, no-frills property that represents an accessible entry point into Winnipeg’s housing market. Built in 1976, it is notably the newest home on its street, which may suggest updated core systems compared to immediate neighbors. With 846 square feet of living space, it is compact and sits on a roughly 5,000 sqft lot, both figures being modest but in line with local area averages.

Its primary appeal lies in its value proposition. The assessed value is positioned around the city-wide average, but the home last sold in the $300k-$350k range (2019), indicating it may offer a relatively lower cost of entry for the Meadowood neighborhood. This combination of a newer build year for the street and a manageable lot size presents a low-maintenance opportunity.

This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, budget-conscious purchase. It’s for someone prioritizing location and function over size, who sees potential in a smaller footprint and values a home that is newer than others on the block. The modest scale makes it manageable for a single person, a couple, or as a rental property.

Section 2: Frequently Asked Questions

1. Is the living area too small?
At 846 sqft, the home is smaller than most in the city and on its street. It will require efficient use of space and is best for those comfortable with a cozy layout. The trade-off is often a more affordable price and lower utility costs.

2. What does it mean that it's the "newest" on the street?
Built in 1976, it ranks in the top 5% for year built on Gascon Road. Practically, this could mean less immediate concern for major age-related replacements (like roofing or plumbing) compared to older neighboring homes, though a full inspection is still essential.

3. How does the assessed value relate to the likely selling price?
The current assessed value is approximately $371,000. The last known sold price (2019) was between $300,000 and $350,000. Market conditions determine the final price, but this history suggests the home may sell below its assessed value, which can be an attractive starting point for buyers.

4. What are the advantages of a smaller lot?
The 4,997 sqft lot is very close to the street average. A smaller lot typically means less yard work and lower exterior maintenance costs, which can be a significant benefit for those seeking a simpler lifestyle or who are not gardening enthusiasts.

5. Where can I see more detailed comparisons with nearby homes?
The listing suggests using a "neighbourhood analysis page" or map tool to compare this property directly with neighbors on factors like year built, lot size, and assessed value. This can provide clearer context than city-wide averages.