Property score
50.9
Fair
Overall 50.9 · Smaller and older than most nearby homes
733 sqft (bottom 4%) · Built in 1973 (5 yrs older than avg)
Located in a above-average income area with median household income of ~87k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 3 parks, and 1 government office nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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50.9 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: #46110480
$87K
Median household income
$82K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
23%
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 Woodford Bay — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 460 m), 3 parks (nearest 225 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 | Bottom 46% | Top 43% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 71 Woodford Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 71 Woodford Bay in Meadowood is a study in practical value and positioning. Built in 1973, its key characteristic is its modest scale, featuring 733 sqft of living space on a 5,298 sqft lot, which is notably compact compared to most homes on its own street and in the wider area. The appeal lies in its affordability and efficiency. With an assessed value significantly below the city average, it represents a lower barrier to entry into the Winnipeg housing market. The data suggests it’s not a home for those seeking abundant space, but rather for those who prioritize financial accessibility and manageable upkeep.
A thoughtful perspective is its unique standing regarding age on its street: it’s ranked in the top 3% (1st of 34) for being newer, meaning it is actually one of the most recently built homes on Woodford Bay. This could imply slightly more modern construction standards for the area. The property would suit first-time buyers, downsizers looking to simplify, or investors seeking a rental property with a relatively low tax assessment. Its value proposition is straightforward: a cost-effective, no-frills home in an established neighbourhood.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. At 733 sqft, the living area is smaller than approximately 95% of homes citywide and is the 30th smallest of 34 on its own street. It is a compact, efficient layout.
2. Why is the assessed value so much lower than the city average?
The assessed value of $33,700 is based on municipal valuation for tax purposes, which heavily considers factors like living area and lot size. Since this home is well below average in size, its assessment is proportionally lower. It's important to note that recent sold prices (e.g., $300k-$350k in 2021) are market-driven and can be significantly higher.
3. What does the "Elite" ranking for Year Built mean?
This only means that, compared to the 34 homes on Woodford Bay, this 1973-built home is one of the newest. Most of its immediate neighbours were built earlier, around or before 1973.
4. How does the lot size compare?
The lot is 5,298 sqft. It is below average for Woodford Bay but is very close to the typical lot size for the broader Meadowood area, indicating the lot is fairly standard for the neighbourhood, just not for its specific street.
5. Where can I see how this property compares to its neighbours on a map?
A detailed neighbourhood analysis map is available, allowing you to visually compare this home with nearby properties based on year built, living area, assessed value, and lot size. A link is provided to "Open neighbourhood map analysis."
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
