Property score
70.2
Good
Overall 70.2 · Larger than most nearby homes
1,262 sqft (top 19%) · Built in 1976 (2 yrs older than avg)
Located in a high-income area with median household income of ~95k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 shops, 2 parks, and 1 fuel station nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 4%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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
Free · No credit card required
70.2 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: #46110481
$95K
Median household income
$116K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
13%
Single-person households
35%
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
218 Greenwood Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 462 m), 2 shopping (nearest 323 m), 2 parks (nearest 342 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 23% | Top 18% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 218 Greenwood Avenue, Meadowood, Winnipeg
Key Characteristics & Appeal
This 1,262 sqft bungalow, built in 1976, presents a solid opportunity in Winnipeg's Meadowood neighbourhood. Its primary appeal lies in its strong relative value and above-average lot size. With an assessed value of $41,900, it ranks in the top 16% of Meadowood, suggesting the municipal assessment is favourable compared to many area homes. The 5,913 sqft lot is notably larger than most on its street and in the immediate area, offering good outdoor space potential.
The home’s living area is comfortably above the neighbourhood average, providing decent space for its category. A thoughtful perspective is that a 1976 build is newer than many homes on Greenwood Avenue, potentially meaning updates to major systems (like electrical or plumbing) may have already been incorporated over the years, compared to much older stock.
This property would suit practical buyers looking for a land-value proposition in a stable area. It’s ideal for someone comfortable with a home that may require personalization or updates but who values a larger lot and a structurally younger home in the context of its street. It could also appeal to value-focused investors, given its assessed value standing.
Frequently Asked Questions
1. What does the assessed value ranking actually mean?
The home’s assessed value is higher than 84% of homes on its street and 84% in Meadowood, according to the data. This doesn't dictate market price, but it indicates that, for property tax purposes, this home is assessed more highly than most comparable local properties, which can sometimes reflect perceived value or improvements.
2. How does the 1976 build year compare?
While around average for the city and Meadowood, this home is newer than over 90% of the homes on Greenwood Avenue itself. This suggests the street has a mix of older and newer homes, with this property being one of the more recent builds.
3. The last sale was between $400k-$450k in 2021. Why is the assessed value so different?
Assessed value for property taxes is not the same as market value. The significant difference highlights the importance of getting a current market evaluation, as sale prices and tax assessments can diverge based on market conditions and assessment formulas.
4. What is the potential downside of a larger lot?
While a plus for space, a lot that is larger than the area average (5,913 sqft vs. a 4,805 sqft street average) may come with proportionally higher maintenance, landscaping costs, and potentially higher municipal service charges.
5. How can I get the exact historical sale price?
The exact sale price is not publicly listed in detail. As noted, you can request it by email from the source; they provide the precise figure manually as a service without using your email for marketing.
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.
