75 Lafortune Bay

Meadowood, Winnipeg

Property score

78.2

Good

Overall 78.2 · Larger and newer than most nearby homes

1,488 sqft (top 9%) · Built in 1985 (7 yrs newer than avg)

Located in a high-income area with median household income of ~94k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 3 parks nearby

Living Area

Above average

34% larger than neighborhood avg.

Year Built

Above average

7 yrs newer 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

78.2 is composed by the two sections below.

Property Score

75.4Good
Living Area1,488 sqft75Good
Year Built198573Good
Lot Size6,470 sqft81Excellent
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
1,488 sqft
0255075100
Same streetTop 38%Same areaTop 9%CitywideTop 31%
Same street · Lafortune Bay
#9 / 24
Top 38% · Avg 1,484 sqft
Same area · Meadowood
#155 / 1,668
Top 9% · Avg 1,114 sqft
Citywide · Winnipeg
#60,763 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

Elite
500k
0255075100
Same streetTop 17%Same areaTop 4%CitywideTop 20%
Same street · Lafortune Bay
#4 / 24
Top 17% · Avg 454.9k
Same area · Meadowood
#62 / 1,668
Top 4% · Avg 375.6k
Citywide · Winnipeg
#38,410 / 194,458
Top 20% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 13%Same areaTop 12%CitywideTop 29%

Lot Size

above average
6,470 sqft
0255075100
Same streetTop 25%Same areaTop 17%CitywideTop 23%

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

75 Lafortune Bay — 7 amenities found within 500 m, across 5 categories, including 1 education (nearest 312 m), 1 healthcare (nearest 500 m), 1 shopping (nearest 356 m).

Search radius
🏫Education1
🏥Healthcare1
🛒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 6/2022CA$600k–650k
Sold price

Same street

Top 13%

Same area

Top 1%

City-wide

Top 7%

Related homes

Highlights & common questions: 75 Lafortune Bay, Winnipeg

Property Overview

This home at 75 Lafortune Bay in Winnipeg's Meadowood neighborhood presents a compelling blend of space, value, and established community living. Built in 1985, it sits on a generous 6,470 sqft lot and offers 1,488 sqft of living area.

Key Characteristics & Appeal

The primary appeal of this property lies in its strong positional value within its immediate area. While its living space is fairly typical for its own street, it stands out significantly within the broader Meadowood neighborhood, ranking in the top 9% for size. Its assessed value of $500K is notably high, placing it in the elite top 4% for Meadowood and suggesting a home that is either well-appointed, well-maintained, or both compared to area norms. The lot size is also consistently above average across all comparison levels.

This home would suit buyers looking for an established, mature property with more space—both indoors and out—than many others in the community. It’s a solid option for those who value a neighborhood with settled character and are possibly looking for a property with inherent value that already outpaces many of its neighbors. A thoughtful perspective is that while the home is 41 years old, it is newer than the average house in Winnipeg, potentially meaning updates or major systems could be more recent than in many other older city homes.


Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
The home sold in 2022 for an estimated $600K-$650K. Its current assessed value is $500K. It’s important to consult with a real estate professional to understand current market conditions and how assessment values relate to likely listing prices.

2. Is the living space considered large for the area?
Yes. With 1,488 sqft, this home is larger than approximately 91% of comparable homes in the wider Meadowood neighborhood, making it a spacious option in that context.

3. What does the "Elite" ranking for its assessed value in Meadowood indicate?
This ranking means the home’s $500K assessed value is higher than about 96% of homes in Meadowood. This often reflects a combination of factors like lot size, living area, condition, and improvements relative to other area properties.

4. The home was built in 1985. What should I consider?
A home of this age is likely to have seen updates or replacements to key components like the roof, windows, or HVAC system. It’s advisable to inquire about the history of major upgrades and to include a thorough home inspection as a condition of any offer.

5. How can I get more context on this specific street and lot?
The listing suggests using the "Open neighbourhood map analysis" tool. This provides a visual comparison of nearby homes by year built, lot size, and value, giving you a clear sense of how this property fits into its immediate surroundings.

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.