Property score
55.2
Fair
Overall 55.2 · Smaller but newer than most nearby homes
935 sqft (bottom 27%) · Built in 1979 (1 yr newer than avg)
Located in a above-average income area with median household income of ~72k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 5 parks, and 1 sports facility nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 60%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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55.2 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: #46110597
$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
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
55 Granby Bay — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 181 m), 1 education (nearest 474 m), 5 parks (nearest 240 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 30% | Bottom 49% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Granby Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This 935 sqft bungalow in Meadowood, built in 1979, presents a practical and affordable entry point into Winnipeg’s housing market. Its key appeal lies in its balance of a newer build date relative to its immediate neighbours and a modest, manageable scale. While the living space and lot size (3,463 sqft) are below the neighbourhood and city averages, this translates to lower maintenance and utility costs—a significant consideration for budget-conscious buyers. The home last sold in the $300k-$350k range in 2022, and its current assessed value is modest compared to many city-wide averages.
The property is particularly well-suited for first-time homebuyers, downsizers, or investors seeking a straightforward, no-frills property. Its standout characteristic is its age: built in 1979, it is notably newer than most homes on its street (ranking in the top 5%), which can suggest updated building materials and systems compared to older stock. This offers a subtle advantage for those wary of the maintenance issues common in much older homes. The appeal is one of practicality and efficiency rather than grandeur, ideal for someone prioritizing a solid, newer structure in a stable neighbourhood over expansive square footage.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data suggests it offers a middle-ground option. Its assessed value is around the street average, but you get a home that is significantly newer than most on the block. You’re effectively paying for a more modern structure, albeit with less living space than some neighbours.
2. What does the below-average lot size mean for me?
The 3,463 sqft lot is smaller than many in the area. This means less yard work and lower outdoor maintenance, which is a plus for those seeking simplicity. However, it also limits potential for large additions, pools, or extensive landscaping.
3. How reliable is the "newer build" advantage?
While built in 1979, which is newer than many comparable homes, it is still a 47-year-old house. A thorough inspection is essential to determine the condition of the roof, windows, plumbing, and electrical systems, as updates will depend entirely on how previous owners maintained it.
4. Who determines the assessed value, and does it affect my property taxes?
The assessed value ($33,500) is set by the municipal authority for taxation purposes. It is not a market appraisal. Your property taxes will be based on this figure and the annual municipal mill rate. It’s notably lower than the city-wide average assessed value, which could indicate relatively lower property taxes.
5. Why do I need to email to get the exact past sold price?
Sold price data is not always publicly disclosed in full detail in Manitoba. The provider has compiled approximate ranges from available public records but offers to manually share the precise figure from their database upon request to ensure accuracy for serious buyers.
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