Property score
70.4
Good
Overall 70.4 · Larger than most nearby homes
1,199 sqft (top 26%) · Built in 1975 (3 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 3 parks nearby
Living Area
Above average
8% larger than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 66%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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70.4 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: #46110599
$94K
Median household income
$108K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
22%
Single-person households
33%
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
62 Thunder Bay — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 396 m), 1 education (nearest 439 m), 1 shopping (nearest 364 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 36% | Top 29% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1,199 sqft bungalow at 62 Thunder Bay in Winnipeg's Meadowood neighbourhood presents a compelling opportunity. Built in 1975, it sits on a generous 5,989 sqft lot. The home’s standout feature is its strong positional value within its immediate area. It ranks in the top 10% for living area on its own street and holds an elite "Top 5%" position for its assessed value among Thunder Bay properties, suggesting it is viewed as a premium asset in its micro-market.
Its appeal lies in offering above-average space and lot size for Meadowood, providing room to grow or enjoy outdoors without the premium of a newer suburb. The data indicates it’s a home that has been well-maintained and assessed favourably over time, offering a sense of established stability. It would suit practical buyers looking for a solid, spacious bungalow in a mature neighbourhood, perhaps downsizers seeking single-level living with a sizable yard, or value-oriented families who prioritize indoor and outdoor space over a brand-new build. A thoughtful perspective is that its high ranking on its own street suggests a desirable pocket within the area, which can often be more important than broader neighbourhood trends.
1. How does the assessed value compare to the likely market price?
The assessed value of $43,500k is for municipal tax purposes. The last known sale was between $350k-$400k in 2017. Market price is determined by current conditions, but the high assessed value ranking suggests the property has strong underlying value fundamentals.
2. What does the "elite" ranking for year built on the street mean?
With a build year of 1975, it is ranked 1st out of 39 homes on Thunder Bay. This doesn't mean it's the newest, but that its age is favourable compared to its direct neighbours—it is likely newer than most on the street, which can be an advantage for systems and upkeep.
3. Is the living area sufficient for a family?
At 1,199 sqft, it is above average for both the street and Meadowood. This size is typical for a comfortable 3-bedroom bungalow and is generally suitable for a small to medium-sized family, especially when combined with the large lot.
4. Why is there a range for the 2017 sold price, and how can I get the exact figure?
Sold price ranges are estimated from public data. The exact sale price is available by request via email from the listing service, which they provide manually without using your email for marketing.
5. How does the lot size impact future potential?
The lot of nearly 6,000 sqft is above average for the area. This not only allows for more private outdoor space but also offers greater potential for future landscaping, additions, or renovations, subject to city bylaws.
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