31 Homewood Drive

Meadowood, Winnipeg

Property score

70.2

Good

Overall 70.2 · Compared with neighbourhood average

1,053 sqft (top 49%) · Built in 1976 (2 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 1 park, and 1 sports facility nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 68%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

70.2 is composed by the two sections below.

Property Score

61.0Fair
Living Area1,053 sqft52Fair
Year Built197667Good
Lot Size6,848 sqft85Excellent
Neighbourhood Sales Activity74Good

Community Score

84.0Excellent
Household Income84Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110478

Community deep dive

$98K

Median household income

$107K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

19%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate70%
Median age40.8
Avg household size2.7
Unemployment rate9%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households19%
Couple families with children34%
Median household income (2020)$98K

Housing

Renter households0%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority43%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 67%
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
1,053 sqft
0255075100
Same streetBottom 19%Same areaTop 49%CitywideBottom 34%
Same street · Homewood Drive
#22 / 27
Bottom 19% · Avg 1,298 sqft
Same area · Meadowood
#816 / 1,668
Top 49% · Avg 1,114 sqft
Citywide · Winnipeg
#128,770 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
410k
0255075100
Same streetTop 44%Same areaTop 20%CitywideTop 36%
Same street · Homewood Drive
#12 / 27
Top 44% · Avg 416.1k
Same area · Meadowood
#333 / 1,668
Top 20% · Avg 375.6k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

around average
1976
0255075100
Same streetBottom 30%Same areaTop 39%CitywideTop 39%

Lot Size

above average
6,848 sqft
0255075100
Same streetTop 19%Same areaTop 13%CitywideTop 18%

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

31 Homewood Drive — 7 amenities found within 500 m, across 6 categories, including 2 dining (nearest 377 m), 1 healthcare (nearest 318 m), 1 parks (nearest 386 m).

Search radius
🍽️Dining2
🏥Healthcare1
🌳Parks1
💪Sports1
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 7/2019CA$300k–350k
Sold price

Same street

Bottom 21%

Same area

Bottom 44%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 31 Homewood Drive, Winnipeg

Property Overview: 31 Homewood Drive, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This 1976-built home in Meadowood presents a compelling mix of space and value. With 1,053 sqft of living area, the house itself is modest in size compared to others on its street but is typical for the wider neighbourhood. Its true standout feature is the generous 6,848 sqft lot, which ranks well above average for both the street and the area, offering significant outdoor space and potential.

The home’s assessed value of $410,000 positions it as an above-average property within Meadowood, suggesting it is a solid asset in its immediate community. This creates an interesting dynamic: you're investing in a home with a strong lot size and neighbourhood value, but the living space may require efficient use or future modernization to suit contemporary needs.

This property would suit practical buyers who prioritize land over square footage, such as young families seeking room for children to play, gardeners, or those envisioning a future addition. It’s also a sensible entry point into a stable neighbourhood for first-time buyers or investors comfortable with a home from the 1970s that may benefit from updates.

Section 2: Frequently Asked Questions

1. How does the home’s value compare to recent sales?
The home last sold between $300,000 and $350,000 in 2019. Its current assessed value of $410,000 reflects market appreciation and its strong standing within the Meadowood area.

2. Is the living space too small for the neighbourhood?
While the living area is below the average for Homewood Drive itself, it is very close to the average for all of Meadowood. The trade-off is a larger-than-average lot, which may be a preferable allocation of space for many buyers.

3. What does the above-average lot size mean for me?
A lot size ranking in the top 20% locally provides excellent outdoor space for recreation, gardening, or storage. It also offers greater flexibility for future projects like a deck, shed, or even an expansion, subject to local bylaws.

4. As a 50-year-old home, what should I consider?
Built in 1976, the home is of a typical age for the area. Buyers should budget for potential updates to major systems like roofing, windows, plumbing, or electrical, and consider the style and condition of interior finishes during their inspection.

5. How can I get the exact historical sold prices?
The exact sold prices are not published publicly. You can request the precise history by emailing via the provided form on the listing page. This service is manual but provided without obligation or marketing spam.

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