314 Greenwood Avenue

Meadowood, Winnipeg

Property score

68.3

Good

Overall 68.3 · Larger than most nearby homes

1,262 sqft (top 19%) · Built in 1975 (3 yrs older than avg)

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

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

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Near average

3 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

68.3 is composed by the two sections below.

Property Score

67.6Good
Living Area1,262 sqft66Good
Year Built197558Fair
Lot Size6,772 sqft85Excellent
Neighbourhood Sales Activity74Good

Community Score

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

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: #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.

Rankings

Living Area

above average
1,262 sqft
0255075100
Same streetTop 33%Same areaTop 19%CitywideTop 44%
Same street · Greenwood Avenue
#72 / 220
Top 33% · Avg 1,263 sqft
Same area · Meadowood
#323 / 1,668
Top 19% · Avg 1,114 sqft
Citywide · Winnipeg
#86,424 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
429k
0255075100
Same streetTop 10%Same areaTop 13%CitywideTop 32%
Same street · Greenwood Avenue
#22 / 220
Top 10% · Avg 360.6k
Same area · Meadowood
#216 / 1,668
Top 13% · Avg 375.6k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

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

Lot Size

Elite
6,772 sqft
0255075100
Same streetTop 5%Same areaTop 14%CitywideTop 19%

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

314 Greenwood Avenue — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 46 m).

Search radius
🌳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 3/2021CA$400k–450k
Sold price

Same street

Top 10%

Same area

Top 12%

City-wide

Top 27%

Related homes

Highlights & common questions: 314 Greenwood Avenue, Winnipeg

Property Overview: 314 Greenwood Avenue, Meadowood, Winnipeg

Key Characteristics & Appeal

This 1975-built home in Meadowood offers a compelling blend of space and value, anchored by its most distinctive feature: an exceptionally large lot. At 6,772 sqft, the property ranks in the top 5% for land size on its own street, providing rare potential for expansion, gardening, or outdoor living compared to neighbouring homes. The living area of 1,262 sqft is comfortably above average for the Meadowood area, offering ample room for a family.

The home’s appeal lies in its strong positional value within its immediate community. Its assessed value places it consistently above average for both the street and the neighbourhood, suggesting it is viewed as a solid asset in the area. For buyers, this presents a property that is not an outlier in price but offers a tangible premium in land. It would suit practical buyers looking for a long-term home with room to grow, whether that means adding a deck, a workshop, or simply enjoying a larger, more private yard. It’s a property for someone who values the potential of the land as much as the existing structure.

Frequently Asked Questions

1. How does the lot size truly compare?
The lot is a standout feature. It’s significantly larger than the average lot on Greenwood Avenue (approx. 4,805 sqft) and in the broader Meadowood area (approx. 5,554 sqft), offering a notable amount of extra outdoor space.

2. What does the assessed value ranking mean?
The home is assessed in the top 10-13% on its street and in Meadowood, indicating it is considered a higher-value property within its immediate local context, which can be a positive signal for underlying value.

3. Is the house older or newer than most in the area?
Built in 1975, it is newer than many homes on its street (where the average year built is 1950) but is generally around the average age for the wider city and Meadowood neighbourhood.

4. Where can I see how this property compares visually to its neighbours?
A detailed neighbourhood analysis map is available, allowing you to see nearby houses and compare metrics like year built, lot size, and assessed value on a street-by-street basis.

5. How can I find out the exact historical sold price?
Exact sold prices are provided manually via email upon request. The publicly displayed range for its 2021 sale is between CA$400k and $450k.

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