266 Greenwood Avenue

Meadowood, Winnipeg

Property score

66.3

Good

Overall 66.3 · Compared with neighbourhood average

1,104 sqft (top 37%) · Built in 1975 (3 yrs older than avg)

Located in a high-income area with median household income of ~95k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 shop, 2 parks, and 1 government office nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 72%French · 4%

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

66.3 is composed by the two sections below.

Property Score

61.3Fair
Living Area1,104 sqft60Fair
Year Built197558Fair
Lot Size5,197 sqft67Good
Neighbourhood Sales Activity74Good

Community Score

73.8Good
Household Income83Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110481

Community deep dive

$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

Population, labour & age

Population (2021)507
Labour force participation rate63%
Median age42.8
Avg household size2.7
Unemployment rate17%
Population density2414 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households13%
Couple families with children35%
Median household income (2020)$95K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$336K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority21%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,104 sqft
0255075100
Same streetTop 47%Same areaTop 37%CitywideBottom 40%
Same street · Greenwood Avenue
#104 / 220
Top 47% · Avg 1,263 sqft
Same area · Meadowood
#622 / 1,668
Top 37% · Avg 1,114 sqft
Citywide · Winnipeg
#116,454 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
390k
0255075100
Same streetTop 28%Same areaTop 34%CitywideTop 41%
Same street · Greenwood Avenue
#62 / 220
Top 28% · Avg 360.6k
Same area · Meadowood
#574 / 1,668
Top 34% · Avg 375.6k
Citywide · Winnipeg
#79,616 / 194,458
Top 41% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetTop 15%Same areaTop 47%CitywideTop 40%

Lot Size

around average
5,197 sqft
0255075100
Same streetTop 49%Same areaBottom 43%CitywideTop 50%

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

266 Greenwood Avenue — 4 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 432 m), 2 parks (nearest 178 m).

Search radius
🛒Shopping1
🌳Parks2
🏛️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 7/2017CA$300k–350k
Sold price

Same street

Top 49%

Same area

Top 48%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 266 Greenwood Avenue, Winnipeg

Property Overview: 266 Greenwood Avenue, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,104 sqft bungalow, built in 1975, presents a solid, no-surprises offering in the established Meadowood neighbourhood. Its key appeal lies in its balanced, middle-of-the-road metrics, suggesting a property that is both manageable and well-positioned within its community. With an assessed value of $390k ranking notably above average for its own street, it indicates a perceived value that outpaces many immediate neighbours—a point for consideration. The lot size is generous for the area, and the home's age is newer than most on Greenwood Avenue, potentially hinting at fewer immediate major retrofits compared to older stock.

The home suits practical buyers seeking a straightforward entry into homeownership or a long-term residence without extreme peaks or valleys in its profile. It’s ideal for someone who values a stable, known quantity over a fixer-upper project or a brand-new build. A thoughtful perspective is that this property represents the "reliable middle" of the market: it may not lead in any single category city-wide, but its above-street-average assessment and newer build year offer a relative sense of security and modernity within its specific locale.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows a mixed picture. While its living space is slightly below the street average, its assessed value is in the top 28% on Greenwood Avenue. This suggests it may have features, condition, or lot appeal that assessors value more highly than many neighbouring homes.

2. What might the sold price history from 2017 indicate?
The previous sale in the $300k-$350k range (2017) versus the current $390k assessment highlights market appreciation. It’s a useful benchmark, but a professional appraisal and current market conditions are essential to understand today's value.

3. As a 1975 build, what should I be aware of?
While newer than many homes on its street, a 51-year-old home will likely have had several updates. Key systems like roofing, windows, plumbing, and electrical should be inspected to see if they are original or have been modernized.

4. Is the lot size a pro or con?
At over 5,000 sqft, the lot is above average for the street. This is a pro for outdoor space and privacy but may mean more yard maintenance. It could also offer future potential, subject to local zoning.

5. Why is the assessed value higher than the street average?
A higher assessment than neighbours can stem from better upkeep, additions, premium lot location, or interior finishes. It’s important to verify what specific attributes contribute to this, as it will also influence property taxes.

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