305 Wales Avenue

Meadowood, ਵਿਨੀਪਿਗ

Property score

58.1

Fair

Overall 58.1 · Older than most nearby homes

997 sqft (bottom 39%) · Built in 1973 (5 yrs older than avg)

Located in a above-average income area with median household income of ~87k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 parks, and 1 government office nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

10% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 70%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

58.1 is composed by the two sections below.

Property Score

50.5Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ997 sqft42Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ197358Fair
ਜ਼ਮੀਨ5,195 sqft67Good
Neighbourhood Sales Activity74Good

Community Score

69.4Good
Household Income79Good
Education Level44Low
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health60Fair

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

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.

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: #46110480

Community deep dive

$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

Population, labour & age

Population (2021)416
Labour force participation rate65%
Median age44.8
Avg household size2.4
Unemployment rate12%
Population density3200 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households26%
Couple families with children23%
Median household income (2020)$87K

Housing

Renter households9%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority17%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 69%
Mother tongue (2nd)French · 4%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
997 sqft
0255075100
Same streetਹੇਠਲੇ 39%Same areaਹੇਠਲੇ 39%Citywideਹੇਠਲੇ 26%
Same street · Wales Avenue
#85 / 139
ਹੇਠਲੇ 39% · ਔਸਤ 1,089 sqft
Same area · Meadowood
#1,019 / 1,668
ਹੇਠਲੇ 39% · ਔਸਤ 1,114 sqft
Citywide · ਵਿਨੀਪਿਗ
#144,664 / 194,458
ਹੇਠਲੇ 26% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
384k
0255075100
Same streetਟਾਪ 37%Same areaਟਾਪ 40%Citywideਟਾਪ 43%
Same street · Wales Avenue
#52 / 139
ਟਾਪ 37% · ਔਸਤ 372.6k
Same area · Meadowood
#667 / 1,668
ਟਾਪ 40% · ਔਸਤ 375.6k
Citywide · ਵਿਨੀਪਿਗ
#83,066 / 194,458
ਟਾਪ 43% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1973
0255075100
Same streetਹੇਠਲੇ 38%Same areaਹੇਠਲੇ 24%Citywideਟਾਪ 43%

ਜ਼ਮੀਨ

ਔਸਤ
5,195 sqft
0255075100
Same streetਹੇਠਲੇ 37%Same areaਹੇਠਲੇ 40%Citywideਟਾਪ 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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

305 Wales Avenue — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 182 m).

Search radius
🌳Parks3
🏛️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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

8/2019 ਵਿਚ ਵਿਕਿਆCA$300k–350k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 23%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 45%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 44%

Related homes

ਵਿਨੀਪਿਗ 305 Wales Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 305 Wales Avenue, Meadowood, Winnipeg

Key Characteristics & Appeal

This home at 305 Wales Avenue is a quintessential Meadowood property, representing a solid, average offering within its immediate neighborhood. Built in 1973, it features 997 sqft of living space on a generous 5,195 sqft lot. Its appeal lies in its consistency and positioning. When compared to its own street and the broader Meadowood area, the home ranks consistently around the average or slightly above for lot size, living area, and assessed value. This suggests a property that aligns well with local norms, offering neither surprises nor significant drawbacks compared to its closest peers.

The home would suit a practical, value-conscious buyer—perhaps a first-time homeowner or an investor—who prioritizes neighborhood stability over standout features. Its assessed value is notably lower than the city-wide average for comparable homes, which could indicate a more accessible entry point into the Winnipeg market. A thoughtful perspective is that this property’s "averageness" within its context is its strength; it represents a known quantity in a settled area, potentially offering a lower-risk purchase with predictable maintenance expectations for a home of its era.

Frequently Asked Questions

1. How does this home's size compare to others nearby?
At 997 sqft, the living area is very close to the average for both Wales Avenue (1,089 sqft) and the Meadowood neighborhood (1,114 sqft). It is, however, somewhat smaller than the city-wide average for comparable homes.

2. What is the significance of the assessed value?
The assessed value of $38,400 is around the average for the street and neighborhood. It's important to note this is a value for taxation purposes, not a market price. The last recorded sold price for the home was between $300k-$350k in 2019.

3. Is the lot size a positive feature?
Yes. The lot of 5,195 sqft is larger than the average lot on Wales Avenue and in Meadowood, offering more outdoor space than many immediate neighbors.

4. The home was built in 1973. What should I consider?
As a home from the early 1970s, prospective buyers should budget for updates common to that era, such as roofing, windows, or mechanical systems. Its age is typical for the street but is slightly older than the Meadowood area average.

5. How can I find out the exact historical sale prices?
The provided sold price data is a range from public records. You can request the exact sold price history by emailing the listing service directly; they provide this detail manually at no cost and do not use the request for marketing spam.

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