197 Sterling Avenue

Meadowood, Winnipeg

Property score

48.2

Below average

Overall 48.2 · Older than most nearby homes

1,003 sqft (bottom 39%) · Built in 1973 (5 yrs older than avg)

Located in a below-average income area with median household income of ~30.2k

Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 2 parks nearby

Living Area

Below average

10% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 74%French · 8%

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

48.2 is composed by the two sections below.

Property Score

61.2Fair
Living Area1,003 sqft52Fair
Year Built197358Fair
Lot Size13,610 sqft98Excellent
Neighbourhood Sales Activity74Good

Community Score

28.6Low
Household Income20Low
Education Level34Low
Housing Stress52Fair
Core Housing Need38Low
Employment Health28Low

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: #46110477

Community deep dive

$30K

Median household income

$47K

Average household income

44%

Low income (LIM-AT)

0.3

Income inequality (Gini)

5.4

P90 / P10 ratio

65%

Single-person households

9%

Families with children

Population, labour & age

Population (2021)528
Labour force participation rate41%
Median age58.0
Avg household size1.7
Unemployment rate18%
Population density1427 / km²

Households & income

Low income (LIM-AT, % pop.)44%
Single-person households65%
Couple families with children9%
Median household income (2020)$30K

Housing

Renter households78%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority11%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 74%
Mother tongue (2nd)French · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,003 sqft
0255075100
Same streetBottom 21%Same areaBottom 39%CitywideBottom 26%
Same street · Sterling Avenue
#80 / 101
Bottom 21% · Avg 1,380 sqft
Same area · Meadowood
#1,012 / 1,668
Bottom 39% · Avg 1,114 sqft
Citywide · Winnipeg
#143,181 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
398k
0255075100
Same streetBottom 36%Same areaTop 28%CitywideTop 39%
Same street · Sterling Avenue
#65 / 101
Bottom 36% · Avg 438k
Same area · Meadowood
#472 / 1,668
Top 28% · Avg 375.6k
Citywide · Winnipeg
#75,508 / 194,458
Top 39% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetBottom 48%Same areaBottom 24%CitywideTop 43%

Lot Size

Elite
13,610 sqft
0255075100
Same streetTop 36%Same areaTop 3%CitywideTop 3%

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

197 Sterling Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 414 m), 1 education (nearest 239 m), 1 shopping (nearest 292 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping1
🌳Parks2
💪Sports3
Worship1

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 12/2022CA$400k–450k
Sold price

Same street

Top 33%

Same area

Top 13%

City-wide

Top 28%
Sold 1/2021CA$350k–400k
Sold price

Same street

Bottom 46%

Same area

Top 30%

City-wide

Top 42%

Related homes

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.