Property score
61.3
Fair
Overall 61.3 · Smaller and older than most nearby homes
924 sqft (bottom 26%) · Built in 1972 (6 yrs older than avg)
Located in a high-income area with median household income of ~98k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 3 parks nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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61.3 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: #46110478
$98K
Median household income
$107K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
19%
Single-person households
34%
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
246 Knightsbridge Drive — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 492 m), 1 education (nearest 388 m), 1 healthcare (nearest 489 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 40% | Bottom 29% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 246 Knightsbridge Drive, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 1972-built bungalow in Meadowood presents a practical and affordable entry point into the Winnipeg housing market. With 924 sqft of living space on a 3,049 sqft lot, its key characteristic is its modesty—it is a compact, no-frills home that ranks below the area and city averages for size. Its appeal lies in its financial accessibility, evidenced by a relatively low assessed value that places it in the top 30% most affordable homes city-wide. This creates a lower property tax burden and a clear opportunity for first-time buyers or investors.
The home suits buyers prioritizing location and budget over space. It’s ideal for a single person, a couple, or an investor looking for a manageable rental property. A thoughtful perspective is that while the home is smaller than many in Meadowood, its lot size is more aligned with its immediate street, suggesting a streetscape of similarly scaled homes, which can offer a cohesive neighbourhood feel. Its recent sale history (2023) indicates it’s in active market circulation, appealing to those seeking a turnkey property without a long, complicated history.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the Meadowood average but is around the average for its specific street, Knightsbridge Drive. This suggests you are paying a "street price" for a home that is more affordable than others in the broader neighbourhood.
2. Is the living space sufficient for a small family?
At 924 sqft, the living area is compact. It would be a functional fit for a small family, but it ranks in the smaller third of homes on its own street, so space will be efficient. Buyers should carefully consider their long-term space needs.
3. What are the implications of the lot size?
The lot is under 3,050 sqft, which is significantly smaller than the Meadowood and city averages. This means lower exterior maintenance but also limited space for large additions, pools, or extensive landscaping compared to other properties in the area.
4. The home was built in 1972. Should I be concerned about major repairs?
As a home over 50 years old, key systems like roofing, plumbing, and wiring may be nearing or past their typical lifespan. A thorough inspection is essential to budget for potential updates, though the solid sale history suggests it has been maintained in livable condition.
5. How can I find out the exact price it sold for in 2023?
The provided sold price is a public data range. To obtain the exact sale price, you must request it directly via the email service noted on the listing page. This is a common practice to ensure accuracy and verify buyer interest.
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