47 Granby Bay

Meadowood, Winnipeg

Property score

60.3

Fair

Overall 60.3 · Compared with neighbourhood average

1,077 sqft (top 43%) · Built in 1975 (3 yrs older than avg)

Located in a above-average income area with median household income of ~72k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 5 parks, and 1 sports facility nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 60%French · 5%

Past 10 years Meadowood sales snapshot (~80% of all data)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

60.3 is composed by the two sections below.

Property Score

56.5Fair
Living Area1,077 sqft52Fair
Year Built197558Fair
Lot Size5,200 sqft67Good
Neighbourhood Sales Activity74Good

Community Score

66.1Good
Household Income72Good
Education Level72Good
Housing Stress42Low
Core Housing Need63Fair
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: #46110597

Community deep dive

$72K

Median household income

$82K

Average household income

14%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

29%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)1,107
Labour force participation rate52%
Median age39.2
Avg household size2.5
Unemployment rate6%
Population density3459 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households29%
Couple families with children22%
Median household income (2020)$72K

Housing

Renter households62%
Condominium dwellings5%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority44%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 59%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

above average
1,077 sqft
0255075100
Same streetTop 26%Same areaTop 43%CitywideBottom 37%
Same street · Granby Bay
#10 / 39
Top 26% · Avg 1,009 sqft
Same area · Meadowood
#722 / 1,668
Top 43% · Avg 1,114 sqft
Citywide · Winnipeg
#123,075 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
376k
0255075100
Same streetTop 41%Same areaTop 48%CitywideTop 45%
Same street · Granby Bay
#16 / 39
Top 41% · Avg 352.2k
Same area · Meadowood
#795 / 1,668
Top 48% · Avg 375.6k
Citywide · Winnipeg
#87,643 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetBottom 49%Same areaTop 47%CitywideTop 40%

Lot Size

above average
5,200 sqft
0255075100
Same streetTop 15%Same areaTop 49%CitywideTop 50%

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

47 Granby Bay — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 201 m), 1 education (nearest 465 m), 5 parks (nearest 226 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks5
💪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 5/2024CA$400k–450k
Sold price

Same street

Top 10%

Same area

Top 10%

City-wide

Top 25%

Related homes

Highlights & common questions: 47 Granby Bay, Winnipeg

Property Overview: 47 Granby Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 47 Granby Bay in Meadowood presents a solid, value-oriented opportunity. Built in 1975, it sits on a 5,200 sqft lot, which is notably larger than most on its street, offering above-average outdoor space for the immediate area. With 1,077 sqft of living area, the interior space is also more generous than many neighbouring homes. The assessed value is consistent with the local area, and a recent sale in the $400k-$450k range suggests strong market activity.

The primary appeal lies in its positional value within its micro-neighbourhood. You get a home that stands out on its street for both lot size and living space, while being priced in line with the community. This isn't a flashy, fully renovated showcase, but a practical property with grounded metrics. It would suit a first-time buyer looking for a home with room to grow on a desirable lot, or a value-conscious buyer who recognizes the advantage of owning one of the larger properties on the block—a subtle form of future-proofing in a stable area.

Section 2: Frequently Asked Questions

1. How does the lot size compare practically?
At 5,200 sqft, the lot is in the top 15% on Granby Bay. This means more yard space, greater distance from neighbours, and more potential for additions, gardens, or outdoor living areas than most homes directly around it.

2. What does the recent sale price indicate?
The home sold in the $400k-$450k range in 2024. This recent activity, placing it in the top 10% of sales for the area, indicates strong buyer demand and provides a clear, modern benchmark for its market value, well above its assessed value for tax purposes.

3. Is the living space adequate for a family?
At 1,077 sqft, the living area is above average for the street but around the median for the wider Meadowood area. It suggests a comfortable size for a small family or couple, typical of many well-built homes from the 1970s.

4. How do I find out the exact historical sold price?
The exact sold prices are not published publicly. You can request the precise history via email from the listing service; they provide this detail manually without using your email for marketing.

5. What are the implications of the 1975 build date?
The home is of average age for the neighbourhood. This typically means established infrastructure and mature landscaping, but buyers should budget for potential updates to major systems like roofing, windows, or HVAC that are common for homes of this era.

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.