71 Grassington Bay

Meadowood, Winnipeg

Property score

74.1

Good

Overall 74.1 · Larger and newer than most nearby homes

1,482 sqft (top 9%) · Built in 1978

Located in a high-income area with median household income of ~93k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 4 parks nearby

Living Area

Above average

33% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 64%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

74.1 is composed by the two sections below.

Property Score

71.1Good
Living Area1,482 sqft75Good
Year Built197867Good
Lot Size4,999 sqft60Fair
Neighbourhood Sales Activity74Good

Community Score

78.7Good
Household Income82Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110483

Community deep dive

$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

Population, labour & age

Population (2021)483
Labour force participation rate58%
Median age43.6
Avg household size2.6
Unemployment rate0%
Population density3018 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households21%
Couple families with children28%
Median household income (2020)$93K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority41%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 63%
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

Elite
1,482 sqft
0255075100
Same streetTop 3%Same areaTop 9%CitywideTop 32%
Same street · Grassington Bay
#1 / 40
Top 3% · Avg 1,069 sqft
Same area · Meadowood
#158 / 1,668
Top 9% · Avg 1,114 sqft
Citywide · Winnipeg
#61,458 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
433k
0255075100
Same streetTop 8%Same areaTop 12%CitywideTop 31%
Same street · Grassington Bay
#3 / 40
Top 8% · Avg 386.1k
Same area · Meadowood
#206 / 1,668
Top 12% · Avg 375.6k
Citywide · Winnipeg
#61,069 / 194,458
Top 31% · Avg 390.1k

Year Built

Elite
1978
0255075100
Same streetTop 3%Same areaTop 26%CitywideTop 35%

Lot Size

around average
4,999 sqft
0255075100
Same streetBottom 27%Same areaBottom 34%CitywideBottom 45%

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

71 Grassington Bay — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 226 m), 4 parks (nearest 296 m).

Search radius
🏫Education1
🌳Parks4

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 5/2022CA$500k–550k
Sold price

Same street

Top 6%

Same area

Top 4%

City-wide

Top 16%
Sold 11/2017CA$300k–350k
Sold price

Same street

Bottom 12%

Same area

Bottom 41%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 71 Grassington Bay, Winnipeg

Property Overview: 71 Grassington Bay, Winnipeg

Key Characteristics & Appeal

This home at 71 Grassington Bay in Meadowood is defined by its generous interior space relative to its local context. Built in 1978, the 1,482 sqft living area stands out significantly on its own street, ranking in the top 3% among the 40 homes on Grassington Bay. This suggests it offers more room than most of its immediate neighbors, a key advantage for buyers seeking above-average space in this specific location. The assessed value is also strong locally, ranking in the top 8% on the street.

The appeal lies in securing a well-sized home in an established neighborhood. While the lot size is slightly smaller than others on the same street, the house itself represents a premium offering in terms of square footage for the area. It would suit buyers who prioritize interior space over a large yard and who value being in a mature community with homes of a similar vintage. The historical sale prices indicate steady market growth, appealing to those looking for a stable investment in a settled part of Winnipeg.

Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows its greatest strength is interior living space, which is well above average for both its immediate street and the broader Meadowood area. Its lot size is more modest compared to the street, but is typical for the wider neighborhood.

2. What does the sold price history indicate?
The home sold in 2017 in the $300k-$350k range and again in 2022 for $500k-$550k. This indicates a strong appreciation over that five-year period, reflecting rising market values and the property's desirability.

3. Is the assessed value a reliable indicator of the market price?
The assessed value for taxation purposes ($43.30k) is a legal metric for calculating property tax, not a direct market appraisal. The recent sold price range is a far more accurate reflection of its current market value.

4. The home was built in 1978. What should I consider?
A home of this age is likely to have undergone various updates. A thorough inspection is crucial to evaluate the condition of major systems like roofing, plumbing, electrical, and the foundation, and to understand what renovations may have been completed.

5. How can I get the exact historical sold prices?
The listing service offers to provide the exact sold prices (not just ranges) via email upon request, stating they will manually reply by the end of the same day without using the contact for unsolicited marketing.

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