Property score
66.8
Good
Overall 66.8 · Compared with neighbourhood average
1,110 sqft (top 37%) · 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, 4 parks, 1 sports facility, and 1 bank/ATM nearby
Living Area
Near average
0% 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)
624
392.3k
$432/sqft
1978
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66.8 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
47 Gretna Bay — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 383 m), 4 parks (nearest 212 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 | Bottom 8% | Bottom 32% | Bottom 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 47 Gretna Bay, Winnipeg
Key Characteristics & Appeal
This 1,110 sqft bungalow in Meadowood, built in 1976, presents a practical and competitively positioned home. Its primary appeal lies in offering above-average interior space for its immediate street and neighbourhood, providing more room than many comparable homes nearby. The assessed value of $390,000 is consistently average for the area, suggesting a stable, market-aligned investment without premium pricing.
A standout, less obvious feature is the home's age relative to its street: it is the newest house on Gretna Bay, ranking in the top 3%. This could imply updated infrastructure or components compared to direct neighbours. The trade-off is a land size that is smaller than most on the street, which may mean lower maintenance but less private outdoor space.
This property would suit first-time buyers or downsizers looking for a move-in-ready bungalow in a established neighbourhood. It’s also a sensible fit for value-focused buyers who prioritize living space over lot size and appreciate a home that holds its own in the local market without standing out on price.
Frequently Asked Questions
1. How does the living space truly compare to other homes?
While the home's square footage is around the city average, it ranks in the top 14% on its own street. This means it likely offers more interior room than most direct neighbours, a key advantage in this specific location.
2. The land size is noted as "below average." How significant is this?
The lot is smaller than most on Gretna Bay and in Meadowood. For buyers, this typically translates to less yard maintenance but may limit potential for large additions or extensive landscaping. It's a practical lot for those prioritizing the home itself over outdoor space.
3. What does it mean that this is the "newest" house on the street?
Built in 1976, it is the most recently constructed home among the 36 properties on Gretna Bay. This doesn't guarantee updates, but it can suggest younger major systems (like plumbing or electrical) compared to older neighbouring homes, which were built around 1974 on average for the street.
4. Is the assessed value a good indicator of the likely selling price?
The assessed value ($390k) is firmly in the average range for the street, neighbourhood, and city. It serves as a stable baseline for municipal taxation, but market conditions, the home's condition, and specific features will ultimately determine the sale price.
5. Can I find out the exact historical sale prices?
The provided sale price history is a range based on public data. To obtain the precise sold price, you can request it via email from the listing service. They provide this detail manually and state they do not use email addresses for unsolicited marketing.
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