Property score
59.8
Fair
Overall 59.8 · Compared with neighbourhood average
988 sqft (bottom 37%) · Built in 1974 (4 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 4 parks, and 1 bank/ATM nearby
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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59.8 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: #46110598
$97K
Median household income
$94K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
21%
Single-person households
31%
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
71 Gretna Bay — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 417 m), 4 parks (nearest 173 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 8% | Top 5% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 71 Gretna Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This 988 sqft bungalow, built in 1974, presents a practical opportunity in the Meadowood neighbourhood. Its primary appeal lies in its strong value proposition within its immediate area. While the living space is modest compared to the city-wide average, the home holds an above-average assessed value for its street and neighbourhood, suggesting it is well-maintained or has desirable features relative to its peers. The lot size, though smaller than others on Gretna Bay, is typical for Meadowood.
This property would suit first-time buyers or downsizers looking for an affordable, single-level home in a stable, established community. It’s a sensible choice for those prioritizing location and value over sheer size, and who are comfortable with a home that may require updates consistent with its era. A thoughtful perspective is that its stronger standing on local metrics (like assessed value) versus city-wide ones indicates a solid, community-anchored investment rather than a standout city property, appealing to buyers seeking a sensible entry into the market.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 988 sqft, the living area is very close to the average for Gretna Bay (1,006 sqft) and slightly below the Meadowood average. It offers a manageable footprint for a smaller household.
2. What does the assessed value ranking indicate?
The home is in the top 28% of assessed values on its street and in Meadowood. This typically suggests the property is in good condition or has attributes that the city assessor views favorably compared to neighbouring homes.
3. Is the lot size a disadvantage?
The lot of 5,191 sqft is smaller than most on Gretna Bay but is generally in line with the neighbourhood average. It provides a decent outdoor space without the maintenance demands of a larger yard.
4. The home was last sold between 2022-2025. What was the price?
The public data shows a sale in the range of CA$450,000-$500,000. For the exact sale price, you can request the information via email on the property page.
5. What might a buyer expect regarding updates or maintenance?
Built in 1974, major systems like the roof, windows, plumbing, or electrical may be original or have been updated at various times. A pre-purchase inspection is highly recommended to understand the condition and potential future investments needed.
