50 Gascon Road

Meadowood, Winnipeg

Property score

63.4

Fair

Overall 63.4 · Compared with neighbourhood average

1,040 sqft (top 50%) · Built in 1975 (3 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

Near average

7% smaller 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)

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

63.4 is composed by the two sections below.

Property Score

56.5Fair
Living Area1,040 sqft52Fair
Year Built197558Fair
Lot Size5,134 sqft67Good
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

around average
1,040 sqft
0255075100
Same streetBottom 47%Same areaTop 50%CitywideBottom 32%
Same street · Gascon Road
#10 / 19
Bottom 47% · Avg 1,042 sqft
Same area · Meadowood
#828 / 1,668
Top 50% · Avg 1,114 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
395k
0255075100
Same streetTop 21%Same areaTop 31%CitywideTop 40%
Same street · Gascon Road
#4 / 19
Top 21% · Avg 379.7k
Same area · Meadowood
#511 / 1,668
Top 31% · Avg 375.6k
Citywide · Winnipeg
#77,040 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetTop 32%Same areaTop 47%CitywideTop 40%

Lot Size

Elite
5,134 sqft
0255075100
Same streetTop 5%Same areaBottom 39%CitywideBottom 49%

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

50 Gascon Road — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 340 m), 4 parks (nearest 121 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 8/2021CA$350k–400k
Sold price

Same street

Top 40%

Same area

Top 26%

City-wide

Top 40%

Related homes

Highlights & common questions: 50 Gascon Road, Winnipeg

Property Overview: 50 Gascon Road, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,040 sqft bungalow, built in 1975, presents a solid, no-surprises opportunity in the Meadowood neighbourhood. Its primary appeal lies in its balance and lot size. While the living space is squarely average for the street and area, the property stands out for its 5,134 sqft lot, which ranks in the elite top 5% on Gascon Road. This offers above-average outdoor space for the immediate locale, a valuable asset for gardening, play, or future expansion.

The home’s assessed value is notably above average for the street, suggesting it may have features or condition that set it apart from its closest neighbours. For a buyer, this indicates a property that holds its own in a direct comparison. It last sold between $350k-$400k in 2021, a price point that performed better than many in the wider Meadowood area at the time.

This home would suit a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values a established neighbourhood with consistent, middle-of-the-road metrics. It’s for someone who sees potential in a larger-than-standard lot on the street and prefers a home that is neither the newest nor the smallest, but offers a stable foundation in a mature community.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
Its assessed value ranks 4th highest out of 19 homes on Gascon Road, placing it in the top 21%. This suggests it is likely in good condition or has features that are valued above the street’s average.

2. What is the significance of the lot size?
At 5,134 sqft, the lot is the largest among the 19 homes on Gascon Road (top 5%). This is the property's most distinctive statistical feature, offering more private outdoor space than most immediate neighbours.

3. Is the living space typical for the area?
Yes. At 1,040 sqft, the living area is very close to the average for both Gascon Road (1,042 sqft) and the broader Meadowood neighbourhood (1,114 sqft). It provides standard-sized accommodation for the area.

4. When was it last sold, and for how much?
The home sold in 2021 for a price between $350,000 and $400,000. This sale price performed better than roughly 74% of comparable sales in Meadowood at the time.

5. How can I find out the exact historical sold price?
The precise sale price is not publicly listed in the detail view. You can request it by email via the button on the property page. The service is manual, with a same-day response aim, and your email is not used for marketing spam.

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.