295 Meadowood Drive

Meadowood, Winnipeg

Property score

60.7

Fair

Overall 60.7 · Smaller than most nearby homes

900 sqft (bottom 20%) · Built in 1975 (3 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 2 shops, and 2 parks nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 59%French · 5%

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

60.7 is composed by the two sections below.

Property Score

46.2Low
Living Area42
900 sqftLow
Year Built58
1975Fair
Lot Size38
3,148 sqftLow
Neighbourhood Sales Activity74
Good

Community Score

82.5Excellent
Household Income82
Excellent
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110479

Community deep dive

$94K

Median household income

$111K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

12%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)439
Labour force participation rate67%
Median age43.6
Avg household size2.7
Unemployment rate9%
Population density2438 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households12%
Couple families with children34%
Median household income (2020)$94K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority35%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 59%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

around average
900 sqft
0255075100
Same streetBottom 40%Same areaBottom 20%CitywideBottom 17%
Same street · Meadowood Drive
#49 / 81
Bottom 40% · Avg 964 sqft
Same area · Meadowood
#1,335 / 1,668
Bottom 20% · Avg 1,114 sqft
Citywide · Winnipeg
#162,141 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
310k
0255075100
Same streetTop 25%Same areaBottom 16%CitywideBottom 32%
Same street · Meadowood Drive
#20 / 81
Top 25% · Avg 295.5k
Same area · Meadowood
#1,395 / 1,668
Bottom 16% · Avg 375.6k
Citywide · Winnipeg
#131,753 / 194,458
Bottom 32% · Avg 390.1k

Year Built

Elite
1975
0255075100
Same streetTop 1%Same areaTop 47%CitywideTop 40%

Lot Size

around average
3,148 sqft
0255075100
Same streetTop 46%Same areaBottom 17%CitywideBottom 14%

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

295 Meadowood Drive — 9 amenities found within 500 m, across 6 categories, including 2 dining (nearest 259 m), 1 healthcare (nearest 372 m), 2 shopping (nearest 260 m).

Search radius
🍽️Dining2
🏥Healthcare1
🛒Shopping2
🌳Parks2
Fuel Stations1
🏛️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 8/2022CA$250k–300k
Sold price

Same street

Top 45%

Same area

Bottom 20%

City-wide

Bottom 31%
Sold 9/2016CA$250k–300k
Sold price

Same street

Bottom 39%

Same area

Bottom 12%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 295 Meadowood Drive, Winnipeg

Property Summary: 295 Meadowood Drive, Winnipeg

Key Characteristics & Appeal

This 900 sqft bungalow, built in 1975, presents a practical and value-conscious opportunity in the Meadowood neighbourhood. Its primary appeal lies in its strong position within its immediate streetscape. While the home's living area and lot size (3,148 sqft) are modest compared to broader city averages, it stands out on Meadowood Drive itself. It ranks in the top 25% for assessed value on its street, suggesting it is perceived as a well-maintained or updated property among its direct neighbours. Notably, it is the newest home on its street (top 1%), which can imply newer major systems like roofing or plumbing compared to adjacent houses.

The property suits first-time buyers, downsizers, or investors seeking an entry into a stable neighbourhood without a premium price tag. Its smaller scale offers lower utility and maintenance costs. A thoughtful perspective is that this home represents a "best-in-class" option for its specific, older street—offering modern relative advantages in a mature setting, rather than competing with larger, newer suburban homes. Its recent sale history (2022 and 2016) shows consistent value in the $250k-$300k range, indicating a stable, predictable market segment.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the listing or sale price?
Not directly. The assessed value of $310k is for municipal tax purposes. However, its ranking (top 25% on its street) is useful, as it indicates the property is likely in better condition or has more desirable features than many neighbours, which can support a competitive sale price.

2. How does the smaller living area impact livability?
At 900 sqft, the home is efficient and cozy, best for individuals, couples, or small families. It ranks as average for its own street but below average for the wider area, highlighting Meadowood as a neighbourhood of relatively compact, older homes. This can mean lower heating and cleaning costs.

3. What does it mean that this is the newest house on the street?
Built in 1975, it is the most recently constructed among 81 homes on Meadowood Drive. This is a relative advantage, potentially meaning fewer age-related issues than immediate neighbours and possibly featuring updates from the 1970s building era.

4. How does the lot size compare, and what are the implications?
The 3,148 sqft lot is near average for the street but below average for the wider area and city. This suggests a smaller, manageable yard with lower maintenance, but limited space for large additions, pools, or extensive landscaping.

5. Where can I see more context about this specific location?
You can open the neighbourhood analysis page for a detailed map comparing this property to nearby houses by year built, size, value, and lot dimensions. For precise historical sale prices, you can request the exact figures via email.