229 Wales Avenue

Meadowood, Winnipeg

Property score

59.7

Fair

Overall 59.7 · Smaller and older than most nearby homes

896 sqft (bottom 18%) · Built in 1972 (6 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 2 shops, and 2 parks nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 59%French · 5%

Past 10 years Meadowood sales snapshot (~80% of all data)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

59.7 is composed by the two sections below.

Property Score

44.5Low
Living Area32
896 sqftLow
Year Built58
1972Fair
Lot Size67
5,196 sqftGood
Neighbourhood Sales Activity74
Good

Community Score

82.5Excellent
Household Income82
Excellent
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110479

Community deep dive

$94K

Median household income

$111K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

12%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)439
Labour force participation rate67%
Median age43.6
Avg household size2.7
Unemployment rate9%
Population density2438 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households12%
Couple families with children34%
Median household income (2020)$94K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority35%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 59%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

below average
896 sqft
0255075100
Same streetBottom 19%Same areaBottom 18%CitywideBottom 16%
Same street · Wales Avenue
#112 / 139
Bottom 19% · Avg 1,089 sqft
Same area · Meadowood
#1,373 / 1,668
Bottom 18% · Avg 1,114 sqft
Citywide · Winnipeg
#163,345 / 194,458
Bottom 16% · Avg 1,342 sqft

Tax-Assessed Value

around average
376k
0255075100
Same streetTop 50%Same areaTop 48%CitywideTop 45%
Same street · Wales Avenue
#69 / 139
Top 50% · Avg 372.6k
Same area · Meadowood
#795 / 1,668
Top 48% · Avg 375.6k
Citywide · Winnipeg
#87,643 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetBottom 18%Same areaBottom 14%CitywideTop 45%

Lot Size

around average
5,196 sqft
0255075100
Same streetBottom 44%Same areaBottom 41%CitywideTop 50%

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

229 Wales Avenue — 9 amenities found within 500 m, across 6 categories, including 2 dining (nearest 342 m), 1 healthcare (nearest 481 m), 2 shopping (nearest 261 m).

Search radius
🍽️Dining2
🏥Healthcare1
🛒Shopping2
🌳Parks2
Fuel Stations1
🏛️Government1

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

229 Wales Avenue: 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.

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