Property score
62.9
Fair
Overall 62.9 · Smaller than most nearby homes
952 sqft (bottom 29%) · Built in 1977 (1 yr older than avg)
Located in a high-income area with median household income of ~93k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 4 parks nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 64%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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62.9 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: #46110483
$93K
Median household income
$96K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
21%
Single-person households
28%
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
50 Grassington Bay — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 172 m), 4 parks (nearest 249 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 | Top 50% | Top 19% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 50 Grassington Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 50 Grassington Bay in Meadowood is a practical, no-frills property built in 1977. With 952 sqft of living space, it is notably compact compared to both area and city averages, suggesting a efficient, manageable layout. Its assessed value is firmly in the mid-range for the neighbourhood, indicating a stable, entry-level price point within the market. The lot size of just under 5,400 sqft is typical for the street and provides a standard suburban yard.
The primary appeal lies in its affordability and position as a solid baseline home in an established area. It suits first-time buyers or investors seeking a straightforward, lower-maintenance property without premium costs. A thoughtful perspective is that its smaller size and average valuation could represent a lower-risk entry into homeownership, with less exposure to market fluctuations than a larger, more expensive property. Its age (49 years) means major components may be due for updates, which a savvy buyer could factor into an offer, but it also places the home in a cohort of well-established homes in the community.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 952 sqft, the living area is below the average for similar homes on its street, in Meadowood, and across Winnipeg. This indicates a more compact layout.
2. Is the asking price in line with the area?
Based on its assessed value of $38,100, the home is priced around the middle of the range for Meadowood. Its last known sale price in 2024 was between $350k and $400k.
3. What should I consider about the home’s age?
Built in 1977, the home is newer than many on its street but is approaching 50 years old. Prospective buyers should pay close attention to the condition of major systems like roofing, plumbing, and electrical, which may be original or nearing the end of their service life.
4. How does the lot size compare?
The land area of 5,393 sqft is very close to the average for both Grassington Bay and the wider Meadowood area, offering a typical suburban yard.
5. Where can I see more detailed comparisons?
You can view an interactive neighbourhood analysis map to compare this property directly with nearby homes based on year built, living area, assessed value, and lot size. A link is provided in the full property details.
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.
