Property score
70.9
Good
Overall 70.9 · Larger and newer than most nearby homes
1,206 sqft (top 25%) · 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
8% 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)
624
392.3k
$432/sqft
1978
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70.9 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: #46110483
$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
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
79 Grassington Bay — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 257 m), 4 parks (nearest 322 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 19% | Top 10% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 79 Grassington Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 79 Grassington Bay in Meadowood presents a compelling mix of space, value, and established community living. Built in 1978, it stands out on its street as one of the newer homes, suggesting potentially fewer concerns with aging infrastructure compared to immediate neighbors. With 1,206 square feet of living area, it offers above-average space for both the street and the broader Meadowood area, providing comfortable room for daily life.
The appeal lies in its strong positional value. The assessed value is consistently above average for its immediate vicinity and neighborhood, indicating a property that holds its worth well in its local context. While the lot size is slightly more compact compared to others on Grassington Bay, it is in line with the Meadowood average, making it a manageable space for upkeep. This home would suit practical buyers looking for a move-in ready, well-sized home in a mature Winnipeg neighborhood without paying a premium for a large lot. It’s particularly suited for first-time homeowners, small families, or downsizers who prioritize interior space and community stability over extensive yard work.
A thoughtful perspective: its "above-average" rankings within the neighborhood, rather than city-wide, highlight that its prime value is in being a standout property on a local level—a smart choice for buyers focused on specific community comparisons over broad metro metrics.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to market price?
The assessed value of $40,800 is for municipal tax purposes. Market price is determined by current buyer demand. The last recorded sale was between $400,000-$450,000 in 2022, which is a more relevant indicator for today’s market value.
2. Is the lot size a disadvantage?
At 4,999 sqft, the lot is slightly smaller than others on the same street but is typical for Meadowood. This can be an advantage for those seeking lower maintenance, while still providing adequate private outdoor space.
3. What does the "newer" year built mean for a 1978 home?
Being one of the newer homes on the block (ranked 1 out of 40 for year built on its street) suggests that major components like roofing, wiring, or plumbing may have been updated later than in neighboring houses, potentially implying a longer timeline before costly replacements.
4. How can I find out the exact historical sale prices?
The provided sale price ranges are based on public data. The listing service offers to provide the exact sold prices via a manual email request, which they aim to fulfill by the end of the same business day.
5. How does this home compare to others in Winnipeg overall?
City-wide, this home is around average in terms of living area and assessed value. Its strengths are more localized—it shines in direct comparison within the Meadowood community, offering more interior space and a newer build year than many nearby options.
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