7 Pembridge Bay

Meadowood, Winnipeg

Property score

64.6

Fair

Overall 64.6 · Older than most nearby homes

988 sqft (bottom 37%) · Built in 1972 (6 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 68%French · 5%

Past 10 years Meadowood sales snapshot (~80% of all data)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

64.6 is composed by the two sections below.

Property Score

51.6Fair
Living Area988 sqft42Low
Year Built197258Fair
Lot Size5,599 sqft74Good
Neighbourhood Sales Activity74Good

Community Score

84.0Excellent
Household Income84Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110478

Community deep dive

$98K

Median household income

$107K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

19%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate70%
Median age40.8
Avg household size2.7
Unemployment rate9%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households19%
Couple families with children34%
Median household income (2020)$98K

Housing

Renter households0%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority43%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
988 sqft
0255075100
Same streetTop 41%Same areaBottom 37%CitywideBottom 25%
Same street · Pembridge Bay
#19 / 46
Top 41% · Avg 976 sqft
Same area · Meadowood
#1,051 / 1,668
Bottom 37% · Avg 1,114 sqft
Citywide · Winnipeg
#145,831 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
349k
0255075100
Same streetBottom 9%Same areaBottom 30%CitywideBottom 46%
Same street · Pembridge Bay
#42 / 46
Bottom 9% · Avg 370.8k
Same area · Meadowood
#1,160 / 1,668
Bottom 30% · Avg 375.6k
Citywide · Winnipeg
#105,277 / 194,458
Bottom 46% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetTop 33%Same areaBottom 14%CitywideTop 45%

Lot Size

around average
5,599 sqft
0255075100
Same streetTop 46%Same areaTop 31%CitywideTop 41%

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

7 Pembridge Bay — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 193 m), 1 parks (nearest 361 m).

Search radius
🏫Education1
🌳Parks1
Worship1

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 1/2023CA$250k–300k
Sold price

Same street

Bottom 11%

Same area

Bottom 12%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 7 Pembridge Bay, Winnipeg

Property Overview: 7 Pembridge Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 7 Pembridge Bay is a practical and modestly-sized property in the Meadowood neighbourhood. Built in 1972, it offers 988 square feet of living space on a roughly 5,600 square foot lot. Its primary appeal lies in its position as a solid, entry-level home in a stable area. The data suggests it is very typically sized for its immediate street and neighbourhood, making it a known quantity without surprises.

The property would suit first-time buyers or investors seeking an affordable, no-frills home. Its assessed value is notably lower than most on its own street, which could indicate a potential value opportunity for a buyer willing to undertake updates, or simply a lower entry point into the area. A thoughtful perspective is that while the home's size is below the city average, its lot size is quite competitive, offering decent outdoor space relative to the home's footprint—a plus for those valuing yard space over interior square footage. Its last sale in the 2023-2024 period fell within the $250k-$300k range, positioning it accessibly in the market.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value ($34,900) is in the bottom 10% on Pembridge Bay itself, meaning it is assessed lower than most direct neighbours. However, it aligns much more closely with the average for the broader Meadowood area.

2. Is the living space smaller than average?
At 988 sqft, it is slightly above the average for its street but below the average for the city of Winnipeg. It represents a compact, manageable layout typical of many homes from its era.

3. What can the lot size accommodate?
The lot of 5,599 sqft is very close to the average for the neighbourhood. It provides a good balance of yard space without being overly large to maintain, suitable for gardening, recreation, or future additions like a shed or deck.

4. How old is this home, and what does that imply?
Built in 1972, the home is 54 years old. This is typical for Meadowood, where many homes were built in that era. Buyers should budget for maintenance and updates consistent with a home of this age, such as roof, windows, or mechanical systems.

5. How can I find out the exact past sale price?
The provided sold price is a range based on public data. To obtain the exact historical sale price, you can request it via email from the listing source, which provides this information manually without using your email for marketing.

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