42.5
Below average
Property score
42.5
Below average
Overall 42.5
Smaller but newer than most nearby homes
688 sqft (bottom 3%)
Built in 1970 (4 yrs newer than avg)
Located in a above-average income area
with median household income of ~85k
Transit 70.0
1-min walk to transit with 1 nearby route
Within 500m: 1 school, and 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 86%Punjabi · 21%
Past 10 years Kildare-Redonda sales snapshot (~80% of all data)
722
355.5k
$372/sqft
1966
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42.5 is composed by the two sections below.
Property Score
Community Score
Kildare-Redonda
How to read: Share of sales in each ~$50k price band for “kildare-redonda” (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: #46110843
$85K
Median household income
$84K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
22%
Single-person households
30%
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
355 Mcmeans Avenue E — 8 amenities found within 500 m, across 2 categories, including 1 education (nearest 273 m), 7 parks (nearest 102 m).
Kildare-Redonda · WPS public data · 2026
Annual incidents
10
2026
vs. city avg
-66%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
40%
355 Mcmeans Avenue E: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 355 Mcmeans Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This 688 sqft bungalow, built in 1970 on a 3,099 sqft lot, presents a specific and compelling value proposition. Its key appeal lies in its position as a competitively priced entry point into the Winnipeg market, particularly within the Kildare-Redonda neighborhood.
While the living area is notably compact—ranking in the top 94-97% smallest homes across all comparison levels—this translates directly to a lower assessed value of $277,000. This value is around average for its immediate street but sits below the neighborhood and city averages, offering relative affordability. The lot size is also modest, meaning lower maintenance. The home’s year of construction is typical for the area.
This property would ideally suit first-time buyers, downsizers, or pragmatic investors seeking a functional footprint with minimal upkeep. Its appeal is grounded in efficiency and location rather than size. A thoughtful perspective is that this home represents a "right-sized" opportunity: you are paying primarily for the land and location within a stable neighborhood, without a premium for excess interior space that may not be needed. It’s a strategic purchase for those who value financial accessibility and a simpler lifestyle over square footage.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 688 sqft, the home is significantly smaller than average. It requires efficient use of space and would suit individuals, couples, or those comfortable with a compact, low-maintenance layout.
2. How does the assessed value compare?
At $277k, the assessment is competitive. It's near the street average but below broader area averages, suggesting the price reflects the smaller size and could offer an affordable entry into the neighborhood.
3. What does the lot size mean for me?
The 3,099 sqft lot is smaller than most in the area. This means less yard maintenance, which is a benefit for those seeking simplicity, but less private outdoor space for gardening or recreation.
4. Is a 1970-built home a concern?
The build date is typical for the street and city. As with any home of this era, a thorough inspection is key to understand the condition of major systems like roof, wiring, and plumbing.
5. Who would this property not suit?
It likely won't fit buyers needing multiple bedrooms, dedicated home office space, or extensive room for growing families. Those prioritizing large private yards or newer construction may also want to look elsewhere.
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