Property score
58.7
Fair
Overall 58.7 · Smaller than most nearby homes
820 sqft (bottom 11%) · Built in 1977 (1 yr older than avg)
Located in a high-income area with median household income of ~93k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 4 parks nearby
Living Area
Below average
26% 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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58.7 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
6 Grassington Bay — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 320 m), 4 parks (nearest 315 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 25% | Bottom 44% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 6 Grassington Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 6 Grassington Bay in Meadowood is a compact, single-story property built in 1977. Its key characteristic is its modest scale, featuring 820 sqft of living space on a 4,999 sqft lot, both of which are below the average for its immediate street and neighbourhood. The assessed value is notably lower than most homes on Grassington Bay, which presents a specific financial profile.
The appeal lies in its position as an accessible entry point into a stable neighbourhood. For a buyer comfortable with a smaller footprint, it offers lower property taxes and a manageable yard. It suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property. A thoughtful perspective is that while the home is smaller than its neighbours, its lot size is closer to the area average, offering potential for outdoor living or future expansion relative to the house's current scale. Its "newer" ranking on its street for year built suggests it may have updates compared to some direct neighbours, a subtle advantage in an older area.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sold price?
Assessed values in Manitoba are primarily for municipal tax purposes and often lag behind current market values, which are determined by recent sales like the 2024 sale of this property.
2. How does the smaller living area impact daily life?
The 820 sqft layout requires efficient use of space. It's well-suited for individuals, couples, or small families who prioritize simplicity and lower utility costs over ample room.
3. What does the sold price ranking tell us?
The sold price ranks in the middle ranges (56-75th percentile) for the area and city. This indicates the home sold for a price that is competitive and typical for the market, not at an extreme high or low, reflecting its updated market value.
4. Is the lot size a limitation?
At just under 5,000 sqft, the lot is smaller than many but still provides adequate private outdoor space for a patio, garden, or play area without excessive upkeep.
5. What is the significance of the "year built" ranking?
Ranking in the top 23% for year built on its street means this home is one of the newer houses on Grassington Bay. This could imply newer building materials, systems, or layouts compared to older homes in the immediate vicinity, though a full inspection is necessary.
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