Property score
59.8
Fair
Overall 59.8 · Smaller and older than most nearby homes
946 sqft (bottom 28%) · Built in 1973 (5 yrs older than avg)
Located in a high-income area with median household income of ~95k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 shop, 2 parks, and 1 fuel station nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 4%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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59.8 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: #46110481
$95K
Median household income
$116K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
13%
Single-person households
35%
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
252 Wales Avenue — 7 amenities found within 500 m, across 5 categories, including 2 dining (nearest 439 m), 1 shopping (nearest 388 m), 2 parks (nearest 144 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 23% | Top 18% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 252 Wales Avenue in Winnipeg's Meadowood neighbourhood presents a practical and affordable entry point into the market. Built in 1973, it sits on a roughly 5,200 sqft lot and offers 946 sqft of living space. Its most recent assessed value is $37,900, and it last sold for an estimated $400k-$450k in 2023. The appeal here is grounded in value and potential. While the living space is modest compared to many area homes, it results in a lower property tax base. The lot size is generous for the street, offering room for gardening, play, or future expansion. This property would suit first-time buyers seeking a manageable starter home, value-conscious investors, or downsizers looking for a single-level dwelling without a large footprint. It’s a home that prioritizes lot over square footage, suggesting its value may lie as much in its outdoor space and location as in its current interior.
1. Is the assessed value the same as the market value?
No. The assessed value ($37,900) is used for calculating municipal property taxes and is typically much lower than the market value, which is what a buyer would pay. The 2023 sale in the $400k-$450k range is a clearer indicator of its market value.
2. How does the size of this home compare to others?
At 946 sqft, the living area is below average for Meadowood, the immediate street, and the city overall. This means the home is more compact, which can mean lower utility costs and less maintenance, but may require creative use of space.
3. What does the sale history tell us?
The property sold recently in 2023. This quick turnaround could indicate an investor flip, an estate sale, or a homeowner’s changed circumstances. Requesting the exact sold price from the site can provide a precise benchmark for current value.
4. Is the lot size a positive feature?
Yes. The lot is over 5,000 sqft, which is above average for Wales Avenue and in line with the neighbourhood. This is a key asset, providing more private outdoor space than many nearby properties and offering potential for additions, a large shed, or landscaping.
5. What are the implications of the home's age?
Built in 1973, the home is older than many in Meadowood. This suggests potential for original features but also means crucial systems (like roof, plumbing, wiring, and windows) should be carefully inspected to understand their age and condition, as updates may be needed.
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