54.5
Fair
Property score
54.5
Fair
Overall 54.5
Smaller and older than most nearby homes
770 sqft (bottom 2%)
Built in 1988 (9 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
48% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 64%French · 5%
Past 10 years Dakota Crossing sales snapshot (~80% of all data)
973
465k
$394/sqft
1997
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54.5 is composed by the two sections below.
Property Score
Community Score
Dakota Crossing
How to read: Share of sales in each ~$50k price band for “dakota crossing” (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
482 Novavista Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 114 m), 1 parks (nearest 149 m).
Dakota Crossing · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
44%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 9% | Bottom 39% | Top 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 47% | Bottom 6% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 482 Novavista Drive
Key Characteristics & Appeal
This 770 sqft bi-level home at 482 Novavista Drive presents a distinct value proposition centered on its efficient size and recent, significant renovation. Built in 1988, it is notably newer than many homes on its street and across Winnipeg, suggesting potentially fewer age-related maintenance concerns. The home’s primary appeal lies in its fully renovated basement, which expands the usable living space, and its detached garage. The assessed value is strong for the immediate area, ranking well above the street average, which can indicate good municipal valuation relative to neighbors.
Its compact living area and modest lot size position it as an efficient, low-maintenance property. It would suit first-time buyers seeking an affordable entry into the market, downsizers looking to reduce upkeep without sacrificing modern updates, or pragmatic investors interested in a renovated property with a solid assessment foundation in the Dakota Crossing neighborhood.
A less obvious perspective is the home’s performance in context: while its size is below average for the broader area, its value and newer build date outperform its immediate surroundings. This suggests a property that has been upgraded and cared for within a more modest-scale setting, offering quality over sheer square footage.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 770 sqft, the home’s living area is below the average for Dakota Crossing and Winnipeg overall. However, it is competitively sized for Novavista Drive itself, where comparable homes average 968 sqft. The renovated basement provides additional finished space.
2. Why is the assessed value higher than the street average?
The assessed value of $36,600 ranks in the top 23% on Novavista Drive. This typically reflects municipal assessments of the property’s condition, improvements (like the renovated basement), and market factors relative to its immediate peers, suggesting it is viewed as a higher-value asset on its street.
3. What does the sale history indicate?
The property sold for $400,000 in July 2023, a significant increase over its April 2019 sale price of $30,700. This recent sale likely reflects the completed renovations and the broader market conditions at that time.
4. Is the lot size a constraint?
The 3,249 sqft lot is close to the average for Novavista Drive but is smaller than typical lots in the wider Dakota Crossing area. It provides adequate outdoor space for a patio or small garden while minimizing yard maintenance.
5. Who might this property not suit?
Buyers requiring substantial above-grade living space, multiple large bedrooms, or extensive outdoor acreage may find this home too compact. It is best suited for those comfortable with a bi-level layout and a efficient, manageable footprint.
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