70 Thunder Bay

Meadowood, Winnipeg

Property score

66.8

Good

Overall 66.8 · Compared with neighbourhood average

1,094 sqft (top 38%) · 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

Near average

2% smaller 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)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

66.8 is composed by the two sections below.

Property Score

56.5Fair
Living Area1,094 sqft52Fair
Year Built197558Fair
Lot Size5,497 sqft67Good
Neighbourhood Sales Activity74Good

Community Score

82.3Excellent
Household Income82Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health60Fair

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: #46110599

Community deep dive

$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

Population, labour & age

Population (2021)685
Labour force participation rate62%
Median age41.6
Avg household size2.6
Unemployment rate8%
Population density3605 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children33%
Median household income (2020)$94K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority35%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 65%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

above average
1,094 sqft
0255075100
Same streetTop 28%Same areaTop 38%CitywideBottom 39%
Same street · Thunder Bay
#11 / 39
Top 28% · Avg 1,069 sqft
Same area · Meadowood
#635 / 1,668
Top 38% · Avg 1,114 sqft
Citywide · Winnipeg
#118,609 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
399k
0255075100
Same streetTop 28%Same areaTop 28%CitywideTop 39%
Same street · Thunder Bay
#11 / 39
Top 28% · Avg 387.2k
Same area · Meadowood
#463 / 1,668
Top 28% · Avg 375.6k
Citywide · Winnipeg
#75,018 / 194,458
Top 39% · Avg 390.1k

Year Built

Elite
1975
0255075100
Same streetTop 3%Same areaTop 47%CitywideTop 40%

Lot Size

around average
5,497 sqft
0255075100
Same streetBottom 33%Same areaTop 37%CitywideTop 43%

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

70 Thunder Bay — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 362 m), 1 education (nearest 468 m), 1 shopping (nearest 344 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping1
🌳Parks3
🏦Finance1

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 10/2019CA$300k–350k
Sold price

Same street

Bottom 36%

Same area

Top 45%

City-wide

Top 50%

Related homes

Highlights & common questions: 70 Thunder Bay, Winnipeg

Property Overview & Appeal

This home at 70 Thunder Bay in Winnipeg's Meadowood neighborhood presents a solid, above-average offering within its immediate area. Built in 1975, its key characteristic is its established and consistent standing. With 1,094 sqft of living space and a 5,497 sqft lot, it is not the largest home, but it ranks well against its direct neighbors on Thunder Bay, particularly for its living area and assessed value. Its appeal lies in this relative strength on its own street—it offers more space and a higher valuation than many homes around it, suggesting a well-maintained property in a stable setting. It would suit a practical buyer looking for a move-in-ready home in a mature neighborhood without the premium of a new build, or an investor seeking a property with proven, steady value in a community of similar homes.

A thoughtful perspective is that this home represents the "reliable middle" of its market. It’s not an outlier in size or age, but its consistent above-average ranking on its street indicates a property that has likely kept pace with or exceeded local norms. This can be a sign of prudent updates and care. The fact that it is one of the newer homes on its block (top 3% for year built on Thunder Bay) is a less obvious advantage, potentially meaning fewer immediate concerns with aging infrastructure compared to immediate neighbors.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows it consistently performs better than most homes on its own street, ranking in the top 28% for both living area and assessed value. Compared to the wider Meadowood area and city, it sits around average, indicating it's a strong contender within its most immediate and relevant market.

2. What does the assessed value tell me?
The assessed value of $39,900k is for municipal tax purposes and is above average for both the street and the Meadowood area. This typically reflects the city's valuation of the property and land, and its strong relative position can be a positive indicator of its standing, though market sale price is determined by current buyer demand.

3. The home was built in 1975. What should I consider?
While 51 years old, it's actually one of the newer homes on Thunder Bay (top 3%). This is a positive relative point. As with any home of this age, the condition of major systems like roof, windows, plumbing, and electrical will be key, but it may have newer updates compared to neighboring properties.

4. Is the lot size a pro or a con?
At 5,497 sqft, the lot is around average for the area. It provides standard suburban outdoor space but isn't exceptionally large. For buyers seeking a manageable yard without extensive upkeep, this is a balanced offering.

5. How can I find out the exact past sale price?
The listed sale price range is based on public data. To obtain the exact historical sale price, you can use the email request feature provided on the listing page. The service promises to provide the accurate figure manually, without using your email for marketing spam.

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