23 Richfield Avenue

Meadowood, Winnipeg

Property score

61.6

Fair

Overall 61.6 · Larger and newer than most nearby homes

2,042 sqft (top 1%) · Built in 2011 (33 yrs newer than avg)

Located in a below-average income area with median household income of ~36.4k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 shop, 4 parks, and 3 sports facilitys nearby

Living Area

Above average

83% larger than neighborhood avg.

Year Built

Above average

33 yrs newer than neighborhood avg.

Mother tongue

English · 66%French · 9%

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

61.6 is composed by the two sections below.

Property Score

85.8Excellent
Living Area94
2,042 sqftExcellent
Year Built94
2011Excellent
Lot Size46
3,749 sqftLow
Neighbourhood Sales Activity74
Good

Community Score

25.4Low
Household Income30
Low
Education Level22
Low
Housing Stress30
Low
Core Housing Need25
Low
Employment Health5
Low

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: #46110595

Community deep dive

$36K

Median household income

$45K

Average household income

38%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

58%

Single-person households

9%

Families with children

Population, labour & age

Population (2021)564
Labour force participation rate32%
Median age63.2
Avg household size1.8
Unemployment rate33%
Population density3525 / km²

Households & income

Low income (LIM-AT, % pop.)38%
Single-person households58%
Couple families with children9%
Median household income (2020)$36K

Housing

Renter households75%
Condominium dwellings12%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority22%
Bachelor's or higher (25–64)13%
Mother tongue (1st)English · 65%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

Elite
2,042 sqft
0255075100
Same streetTop 7%Same areaTop 1%CitywideTop 10%
Same street · Richfield Avenue
#1 / 15
Top 7% · Avg 1,253 sqft
Same area · Meadowood
#25 / 1,668
Top 1% · Avg 1,114 sqft
Citywide · Winnipeg
#19,204 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

Elite
535k
0255075100
Same streetTop 13%Same areaTop 2%CitywideTop 15%
Same street · Richfield Avenue
#2 / 15
Top 13% · Avg 339.5k
Same area · Meadowood
#39 / 1,668
Top 2% · Avg 375.6k
Citywide · Winnipeg
#28,435 / 194,458
Top 15% · Avg 390.1k

Year Built

Elite
2011
0255075100
Same streetTop 7%Same areaTop 4%CitywideTop 10%

Lot Size

around average
3,749 sqft
0255075100
Same streetTop 47%Same areaBottom 23%CitywideBottom 22%

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

23 Richfield Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 354 m), 1 shopping (nearest 333 m), 4 parks (nearest 85 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks4
💪Sports3
🏦Finance1
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 3/2016CA$400k–450k
Sold price

Same street

Top 25%

Same area

Top 14%

City-wide

Top 28%

Related homes

Highlights & common questions: 23 Richfield Avenue, Winnipeg

Property Overview

This home at 23 Richfield Avenue in Winnipeg’s Meadowood neighbourhood stands out for its modern build and generous interior space relative to its surroundings. Built in 2011, it is a notably newer property compared to most homes on its street and in the wider area. Its key appeal lies in its above-average living area of over 2,000 square feet, which ranks in the top tier locally, offering more room than typical homes in Meadowood and across the city. This is paired with a proportionally smaller, more manageable lot, suggesting a focus on interior living space over extensive yard maintenance.

The property would suit buyers looking for a modern, move-in-ready home without the premium often attached to brand-new construction. It’s ideal for those who value spacious interiors for a growing family or home office setup, and who prefer a lower-maintenance yard. The strong assessed value ranking also indicates a solid investment within its community, appealing to value-conscious buyers seeking a home that stands out in its peer group for quality and size.

Frequently Asked Questions

1. How does the lot size impact the property?
While the living area is generous, the lot is smaller than average for the area. This typically means less outdoor maintenance and lower landscaping costs, but may be a consideration for buyers wanting a large yard for gardening or recreation.

2. Why is the assessed value ranking so high compared to the sale history?
The assessed value is consistently ranked in the top 2% for Meadowood, indicating the city views it as a high-value property relative to its neighbours. The past sold price range may reflect the market at that time, but the current assessment suggests a strong and growing underlying value.

3. What does it mean that this is a newer home in an older neighbourhood?
Built in 2011, the home benefits from modern construction standards, likely including updated electrical, plumbing, and insulation. This can mean greater energy efficiency and fewer immediate repair concerns compared to older homes nearby, though it’s wise to verify the condition of age-related components like the roof or HVAC.

4. Are the property taxes likely to be higher?
Given its assessed value is significantly above the area average, the municipal property taxes are likely correspondingly higher than those for older, smaller homes in Meadowood. Buyers should factor this into their monthly budgeting.

5. How can I get the exact historical sale price?
The listed sale price is a public data range. To obtain the exact sale price from previous transactions, you can request it directly via the email option provided on the listing page. The service commits to providing the accurate figure without using your contact information for marketing spam.