287 Greenwood Avenue

Meadowood, Winnipeg

Property score

61.1

Fair

Overall 61.1 · Compared with neighbourhood average

997 sqft (bottom 39%) · Built in 1975 (3 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: 1 dining spot, 1 shop, 2 parks, and 1 government office nearby

Living Area

Below average

10% 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

61.1 is composed by the two sections below.

Property Score

52.6Fair
Living Area997 sqft42Low
Year Built197558Fair
Lot Size6,156 sqft81Excellent
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
997 sqft
0255075100
Same streetBottom 30%Same areaBottom 39%CitywideBottom 26%
Same street · Greenwood Avenue
#154 / 220
Bottom 30% · Avg 1,263 sqft
Same area · Meadowood
#1,019 / 1,668
Bottom 39% · Avg 1,114 sqft
Citywide · Winnipeg
#144,664 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
347k
0255075100
Same streetBottom 29%Same areaBottom 30%CitywideBottom 45%
Same street · Greenwood Avenue
#156 / 220
Bottom 29% · Avg 360.6k
Same area · Meadowood
#1,170 / 1,668
Bottom 30% · Avg 375.6k
Citywide · Winnipeg
#106,636 / 194,458
Bottom 45% · Avg 390.1k

Year Built

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

Lot Size

above average
6,156 sqft
0255075100
Same streetTop 11%Same areaTop 20%CitywideTop 28%

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

287 Greenwood Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 496 m), 1 shopping (nearest 450 m), 2 parks (nearest 140 m).

Search radius
🍽️Dining1
🛒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 6/2017CA$250k–300k
Sold price

Same street

Bottom 11%

Same area

Bottom 8%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 287 Greenwood Avenue, Winnipeg

Property Overview: 287 Greenwood Avenue, Meadowood, Winnipeg

Key Characteristics & Appeal

This 1975 bungalow in Meadowood presents a practical opportunity centered on its generous lot. The home itself is compact at 997 sq ft, placing it below the city average for living space, but it sits on a notably large 6,156 sq ft parcel of land. This lot size is well above average for both the immediate street and the broader Meadowood area, offering significant outdoor space and potential.

The appeal lies in this land-to-house ratio. It’s a property where the value is more in what you could do with the space rather than in a move-in-ready, expansive interior. The assessed value is modest relative to city-wide averages, suggesting an accessible entry point into the Winnipeg market. It would best suit a buyer comfortable with a home of a simpler, older vintage who prioritizes yard space for gardening, children, or future expansion over immediate square footage. It's also a candidate for investors or renovators looking for a property with a strong underlying asset (the land) in a stable neighbourhood.


Frequently Asked Questions

1. Is the house in need of major updates?
Built in 1975, the home is newer than many on its street but is now 50 years old. Buyers should budget for updates consistent with a home of this age, such as roofing, windows, or mechanical systems, and have a thorough inspection.

2. How does the lot size compare to nearby properties?
The lot is a key feature. At over 6,150 sq ft, it is larger than approximately 89% of lots on Greenwood Avenue and 80% of those in Meadowood, offering more privacy and space than most neighbours.

3. Why is the assessed value relatively low?
The assessed value reflects the property's current state as a modest-sized, older home. It is below the street average and aligns with the Meadowood average. The valuation primarily considers the existing structure, not future development potential.

4. What is the neighbourhood like?
Meadowood is a mature, established neighbourhood. The property rankings indicate it is typical for the area in terms of living space and value, suggesting consistency rather than standing out as an outlier.

5. Can I get the exact historical sale price?
The public data shows a sale between $250k-$300k in 2017. The exact sale price is not publicly listed online, but you can request it directly via the provided email service for precise historical information.

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