69.5
Good
Property score
69.5
Good
Overall 69.5
Larger than most nearby homes
1,229 sqft (top 24%)
Built in 1976 (2 yrs older than avg)
Located in a high-income area
with median household income of ~95k
Transit 64.0
7-min walk to transit with 2 nearby routes
Within 500m: 1 shop, 2 parks, and 1 government office nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
10% larger than neighborhood avg.
Year Built
Near average
2 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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69.5 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
254 Hazelwood Avenue — 4 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 463 m), 2 parks (nearest 238 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 35% | Top 33% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 254 Hazelwood Avenue in Meadowood presents a compelling opportunity rooted in its strong relative value within its immediate community. Built in 1976, the house is notably newer than most on its street, ranking in the top 3%. With 1,229 sqft of living space, it offers more room than the majority of homes in both the neighbourhood and on Hazelwood Avenue itself, placing it in the top 10-24% locally. The lot size of 5,301 sqft is also above average for the street.
The appeal lies in its position as a well-sized, modern (for the area) home on a desirable lot, all underscored by a relatively high assessed value for its specific location. This suggests a property that has been maintained or updated in ways that are recognized in the market. It would particularly suit value-conscious buyers looking for a home that stands out positively within an established neighbourhood, offering more space and a newer build than many direct comparables, without the premium of a city-wide search.
A thoughtful perspective is that this home represents a "big fish in a small pond." Its metrics are strongest when compared to its immediate neighbours, indicating it's a premium property on its block. This can offer a sense of pride and solid investment within the micro-community, even if its city-wide rankings are average.
Frequently Asked Questions
1. How does the assessed value compare to the last sold price?
The home was sold between $350k-$400k in 2019. Its current assessed value is $41,900. It's important to note that municipal assessed value for tax purposes is often different from current market value and the prior sale price.
2. Is the living space considered large for the area?
Yes. With 1,229 sqft, this home is larger than approximately 90% of homes on Hazelwood Avenue and about 76% of homes in the broader Meadowood area, making it a spacious option locally.
3. What does it mean that the home is "newer" than others on the street?
Built in 1976, it ranks as the 2nd newest of 70 homes on Hazelwood Avenue. This can imply potentially fewer major age-related repairs (like roofing or foundational wear) compared to older neighbours, and possibly updates that align with more modern layouts.
4. Can I see how this property compares to its neighbours on a map?
Yes. The listing provides a link to a neighbourhood analysis page that maps nearby houses and allows for detailed comparison of year built, living area, assessed value, and lot size.
5. How can I find out the exact historical sold price?
The exact sold price is not publicly displayed. The listing service offers to provide it manually via email upon request, stating they aim to reply by the end of the same day without using the contact for unsolicited marketing.
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