Property score
61.7
Fair
Overall 61.7 · Compared with neighbourhood average
1,048 sqft (top 49%) · Built in 1974 (4 yrs older than avg)
Located in a above-average income area with median household income of ~87k
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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Near average
6% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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61.7 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110480
$87K
Median household income
$82K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
23%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
253 Wales Avenue — 7 amenities found within 500 m, across 5 categories, including 2 dining (nearest 388 m), 1 shopping (nearest 349 m), 2 parks (nearest 103 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 10% | ਹੇਠਲੇ 22% | ਹੇਠਲੇ 33% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 253 Wales Avenue, Meadowood, Winnipeg
Key Characteristics & Appeal
This home at 253 Wales Avenue is a quintessential Meadowood property that represents solid, middle-of-the-road value. Built in 1974, it offers 1,048 sqft of living space on a generous 5,195 sqft lot. Its appeal lies in its consistency and positioning within a stable neighbourhood. The numbers tell a clear story: this property is consistently "around average" when compared to homes on its street, in Meadowood, and across Winnipeg. This isn't a standout luxury home or a major fixer-upper; it's a fundamentally sound, typical property for the area.
A thoughtful perspective is that this averageness can be a strength. It suggests the home is unlikely to have extreme quirks or premium pricing, making it a predictable and manageable purchase. The lot size is notably above average for the immediate street and neighbourhood, offering more outdoor space than many comparable homes—a subtle advantage for gardening, play, or future expansion. The home last sold between $250k-$300k in 2019, a price point that historically performed very well against local and city-wide averages.
This property would suit pragmatic first-time buyers or investors looking for a straightforward entry into the Winnipeg market without unexpected extremes. It’s also a potential fit for downsizers seeking a manageable lot and a home that aligns with the established character of a mature suburb like Meadowood.
Frequently Asked Questions
1. What does "around average" in all the rankings really mean?
It means this property is very typical for its context. Its size, assessed value, age, and lot are consistently in the middle ranges when compared to similar homes. This indicates a property that aligns with neighbourhood norms, which can simplify valuation and expectations.
2. The assessed value is listed around $37k, but it sold for over $250k. Why the huge difference?
The assessed value is for municipal tax purposes and is not an indicator of market value. In Manitoba, tax assessments are typically a fraction of a property's actual market price. The sale price range from 2019 is the relevant figure for understanding its market value.
3. How does the larger-than-average lot size benefit a buyer?
While the house itself is average in size, the lot is above average for the street and Meadowood. This provides more private outdoor space and could offer more flexibility for additions, sheds, or landscaping than directly neighbouring properties.
4. The home is over 50 years old. What should I consider?
A home built in 1974 will likely have had several updates over the decades. A key focus should be on the condition of major systems (roof, furnace, windows, plumbing) rather than the age itself. Its age is typical for the area, as shown by the comparable averages.
5. How can I find out the exact price it sold for in 2019?
The provided sale price is a range based on public data. As noted on the detail page, you can request the exact sold price by emailing the listing service. They provide this specific data manually upon request.
