25 Richfield Avenue

Meadowood, Winnipeg

Property score

46.6

Below average

Overall 46.6 · Newer than most nearby homes

1,054 sqft (top 49%) · Built in 2010 (32 yrs newer than avg)

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

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

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Above average

32 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

46.6 is composed by the two sections below.

Property Score

60.8Fair
Living Area1,054 sqft52Fair
Year Built201090Excellent
Lot Size4,409 sqft53Fair
Neighbourhood Sales Activity74Good

Community Score

25.4Low
Household Income30Low
Education Level22Low
Housing Stress30Low
Core Housing Need25Low
Employment Health5Low

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

around average
1,054 sqft
0255075100
Same streetBottom 1%Same areaTop 49%CitywideBottom 34%
Same street · Richfield Avenue
#15 / 15
Bottom 1% · Avg 1,253 sqft
Same area · Meadowood
#815 / 1,668
Top 49% · Avg 1,114 sqft
Citywide · Winnipeg
#128,529 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
428k
0255075100
Same streetTop 20%Same areaTop 13%CitywideTop 32%
Same street · Richfield Avenue
#3 / 15
Top 20% · Avg 339.5k
Same area · Meadowood
#221 / 1,668
Top 13% · Avg 375.6k
Citywide · Winnipeg
#62,865 / 194,458
Top 32% · Avg 390.1k

Year Built

Elite
2010
0255075100
Same streetTop 13%Same areaTop 4%CitywideTop 11%

Lot Size

around average
4,409 sqft
0255075100
Same streetTop 40%Same areaBottom 26%CitywideBottom 33%

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

25 Richfield Avenue — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 357 m), 1 shopping (nearest 339 m), 4 parks (nearest 76 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 3/2020CA$300k–350k
Sold price

Same street

Top 38%

Same area

Top 39%

City-wide

Top 48%

Related homes

Highlights & common questions: 25 Richfield Avenue, Winnipeg

Property Overview

25 Richfield Avenue presents a compelling mix of modern convenience and established neighbourhood character. Built in 2010, this Meadowood home is notably newer than most in its immediate area and across Winnipeg, offering the advantages of contemporary construction standards and systems. With 1,054 sqft of living space, it provides a manageable, efficient layout that is common for the city and neighbourhood, though it is the smallest on its specific street. The lot size of 4,409 sqft is slightly more compact than area averages, suggesting lower maintenance.

The home’s primary appeal lies in its standout assessed value relative to its surroundings. It ranks well above average for its street and the broader Meadowood area, indicating a strong valuation foundation. This, combined with its modern age, positions it as a potentially lower-maintenance property with solid intrinsic value in a mature neighbourhood. It would suit first-time buyers seeking a newer home without a premium price tag, or downsizers looking for a modern, single-level living space (assuming bungalow layout) in a convenient location. The data suggests it’s a practical choice for value-focused buyers who prioritize modern infrastructure over sheer square footage or expansive yard space.


Frequently Asked Questions

How does the home’s size compare to others?
At 1,054 sqft, the living area is very typical for the Meadowood neighbourhood and Winnipeg overall. However, it is the smallest home among the 15 directly on Richfield Avenue, where homes average about 1,253 sqft.

Why is the assessed value a key feature?
The assessed value of $42,800k ranks in the top 20% on its street and top 13% in Meadowood. This strong relative valuation is a positive indicator of the property’s worth compared to nearby homes, which is often linked to its modern build year (2010).

What does the 2010 build year mean for a buyer?
Built just 16 years ago, this home is significantly newer than the typical area home built in the late 1970s. This likely translates to more modern wiring, plumbing, windows, and insulation, potentially reducing immediate repair costs and improving energy efficiency.

Is the lot size a drawback?
The 4,409 sqft lot is slightly below the average for Meadowood. This means a smaller yard to maintain, which could be a benefit for those seeking low upkeep, but may be a consideration for buyers wanting extensive outdoor space or gardening opportunities.

How can I find out the exact historical sale price?
The sold price history provided is a range based on public data. To obtain the precise sale price from its 2020 transaction, you can request it via email from the listing service. They provide this detail manually and do not use the contact for unsolicited marketing.

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