251 Knightsbridge Drive

Meadowood, Winnipeg

Property score

56.8

Fair

Overall 56.8 · Smaller than most nearby homes

809 sqft (bottom 10%) · Built in 1974 (4 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 3 parks nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 68%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

56.8 is composed by the two sections below.

Property Score

38.7Low
Living Area32
809 sqftLow
Year Built58
1974Fair
Lot Size28
2,998 sqftLow
Neighbourhood Sales Activity74
Good

Community Score

84.0Excellent
Household Income84
Excellent
Education Level72
Good
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health76
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: #46110478

Community deep dive

$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

Population, labour & age

Population (2021)556
Labour force participation rate70%
Median age40.8
Avg household size2.7
Unemployment rate9%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households19%
Couple families with children34%
Median household income (2020)$98K

Housing

Renter households0%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority43%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 67%
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
809 sqft
0255075100
Same streetBottom 19%Same areaBottom 10%CitywideBottom 10%
Same street · Knightsbridge Drive
#80 / 99
Bottom 19% · Avg 978 sqft
Same area · Meadowood
#1,508 / 1,668
Bottom 10% · Avg 1,114 sqft
Citywide · Winnipeg
#175,765 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

around average
308k
0255075100
Same streetTop 31%Same areaBottom 16%CitywideBottom 32%
Same street · Knightsbridge Drive
#31 / 99
Top 31% · Avg 315.6k
Same area · Meadowood
#1,407 / 1,668
Bottom 16% · Avg 375.6k
Citywide · Winnipeg
#133,022 / 194,458
Bottom 32% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 10%Same areaBottom 37%CitywideTop 42%

Lot Size

below average
2,998 sqft
0255075100
Same streetBottom 20%Same areaBottom 11%CitywideBottom 10%

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

251 Knightsbridge Drive — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 446 m), 1 education (nearest 440 m), 1 healthcare (nearest 455 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🌳Parks3
🏛️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

Sold 9/2021CA$250k–300k
Sold price

Same street

Bottom 47%

Same area

Bottom 20%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 251 Knightsbridge Drive, Winnipeg

Property Overview: 251 Knightsbridge Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 251 Knightsbridge Drive in Meadowood is a practical, no-frills property that represents an accessible entry point into the Winnipeg market. Built in 1974, its key characteristic is its modest scale: at 809 square feet of living space on a 2,998 square foot lot, it is notably compact compared to most homes on its street, in the neighbourhood, and across the city. This is reflected in its below-average assessed value for the area.

The appeal lies in its efficiency and potential. For the right buyer, the smaller size translates to lower maintenance, easier upkeep, and reduced utility costs. Its assessed value is relatively average for its immediate street, suggesting it fits comfortably within its specific micro-location. A less obvious perspective is that a home of this vintage on Knightsbridge Drive is actually newer than most on the block (ranking in the top 10% for year built on the street), which may imply updates over the years or a slightly different construction period than its direct neighbours.

This property would best suit first-time homebuyers, downsizers looking to simplify, or investors seeking a manageable rental property. It’s for those who prioritize location and practicality over space, and who see the value in a home that is financially efficient to own and maintain.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others nearby?
This is a compact home. Its living area is smaller than the average home on Knightsbridge Drive, in the wider Meadowood area, and across Winnipeg. This is a defining feature that contributes to its accessible price point.

2. What does the assessed value tell me about this property?
The assessed value of $30,800 is around the average for Knightsbridge Drive itself but is below the average for the broader Meadowood neighbourhood. This indicates the home is priced in line with its immediate surroundings but may offer value compared to the area as a whole.

3. When was it last sold, and for how much?
Public records indicate it was sold between 2021 and 2025, with an approximate price range of $250,000 to $300,000. The exact sale price is available upon request.

4. Is the lot size a concern?
The lot is under 3,000 square feet, which is smaller than typical lots on the street and in the city. This means less yard to maintain but also less private outdoor space. It’s a trade-off that aligns with the home’s efficient profile.

5. Are there comparable homes I can look at for reference?
The listing references nearby properties like 234 Knightsbridge Drive (800 sqft, 1972) and 23 Woodford Bay (960 sqft, 1973) as useful comparisons for size, age, and value within Meadowood.