Property score
51.9
Fair
Overall 51.9 · Smaller but newer than most nearby homes
833 sqft (bottom 25%) · Built in 1970 (4 yrs newer than avg)
Located in a above-average income area with median household income of ~86k
Transit 76.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 9 parks nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 84%French · 4%
Past 10 years Kildare-Redonda sales snapshot (~80% of all data)
722
355.5k
$372/sqft
1966
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51.9 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: #46110847
$86K
Median household income
$102K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
19%
Single-person households
29%
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
540 Mcmeans Avenue E — 10 amenities found within 500 m, across 2 categories, including 1 education (nearest 263 m), 9 parks (nearest 54 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 42% | Bottom 47% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
540 Mcmeans Avenue E is a well-situated one-storey home in Winnipeg's Kildare-Redonda neighbourhood. Built in 1970, it features 833 sqft of living space, a renovated basement, and a detached garage. The property stands out for its generous 4,999 sqft lot, which is notably larger than many on its street. Its assessed value is strong relative to immediate neighbours, suggesting good standing in the local market.
Key Characteristics & Appeal
This home’s primary appeal lies in its efficient layout and above-average land size for the area, offering room for gardening, expansion, or outdoor living. The renovated basement adds functional living space, a valuable asset in a smaller-footprint home. It suits first-time buyers seeking an affordable entry into homeownership with room to grow, or downsizers looking for a manageable single-level layout without sacrificing yard space. A thoughtful perspective is that while the living area is modest city-wide, its above-average assessment on the street indicates it may offer better finishes or condition than neighbouring properties, representing good value within its immediate context.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The 4,999 sqft lot is above average for Mcmeans Avenue E, ranking in the top 22% on the street. It provides more outdoor space than many comparable homes in the immediate area.
2. What is the significance of the assessed value being in the top 19% on the street?
This suggests that, according to municipal assessment, this property holds a higher value relative to most of its closest neighbours. This can sometimes reflect factors like updates, condition, or the desirable lot size.
3. Is the living space smaller than average?
Yes. With 833 sqft, the living area is below the average for both the Kildare-Redonda area and Winnipeg overall. This points to a compact, efficient layout rather than a spacious one.
4. When was it last sold and for approximately how much?
The property was sold in May 2020. The public price range for that sale was between $24.50k and $27.50k. The exact sale price can be requested directly from the site.
5. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This would be a key point to clarify with the seller or listing agent to understand the finish quality and layout of the additional space.
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