316 Wales Avenue

One StoreyBuilt 1972Living Area 896 sqftDetached Garage
Map
↑
Below average896 sqft · top 82% in area · built 1972 · 6 yrs older than avg
$
High-income areaMedian household income ~$87K · top tier income demographics
→
3-min walk to transit1 nearby routes · score 62/100
Score

Property score

Overall score
54.5● Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
44.5
Low
Living area
32
Year built
58
Lot size
67
Sales activity
74
Community Score
69.4
Fair
Income
79
Education
44
Housing
63
Core need
88
Employment
60
Rankings

How it stacks up

Each metric compared against 139 homes on Wales Avenue, 1,668 in Meadowood, and 194,458 citywide. Polygon points further from the centre = better rank.
Living Area
896 sqft
● BELOW AVERAGE
StreetBottom 19%AreaBottom 18%CityBottom 16%
Same street
Bottom 19%
#112 / 139
Same area
Bottom 18%
#1,373 / 1,668
Citywide
Winnipeg
Bottom 16%
#163,345 / 194,458
Tax-Assessed Value
359 k
● BELOW AVERAGE
StreetBottom 28%AreaBottom 36%CityBottom 49%
Same street
Bottom 28%
#100 / 139
Same area
Bottom 36%
#1,066 / 1,668
Citywide
Winnipeg
Bottom 49%
#98,457 / 194,458
Year Built
1972
● BELOW AVERAGE
StreetBottom 18%AreaBottom 14%CityTop 45%
Same street
Bottom 18%
#114 / 139
Same area
Bottom 14%
#1,433 / 1,668
Citywide
Winnipeg
Top 45%
#87,408 / 194,458
Lot Size
5,205 sqft
● NEAR AVERAGE
StreetTop 21%AreaTop 47%CityTop 50%
Same street
Top 21%
#29 / 139
Same area
Top 47%
#792 / 1,668
Citywide
Winnipeg
Top 50%
#96,441 / 194,458
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
316 Wales Avenue: Living Area Analysis

Street Level (Wales Avenue): Below Average. Ranked #112 out of 139 (Bottom 19%). The street average for comparable homes is 1,089 sqft.

Neighborhood Level (Meadowood): Below Average. Ranked #1,373 out of 1,668 (Bottom 18%). The neighborhood average for comparable homes is 1,114 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #163,345 out of 194,458 (Bottom 16%). The citywide average for comparable homes is 1,342 sqft.

316 Wales Avenue: Tax-Assessed Value Analysis

Street Level (Wales Avenue): Below Average. Ranked #100 out of 139 (Bottom 28%). The street average for comparable homes is 372.6k.

Neighborhood Level (Meadowood): Below Average. Ranked #1,066 out of 1,668 (Bottom 36%). The neighborhood average for comparable homes is 375.6k.

Citywide Level (Winnipeg): Below Average. Ranked #98,457 out of 194,458 (Bottom 49%). The citywide average for comparable homes is 390.1k.

316 Wales Avenue: Year Built Analysis

Street Level (Wales Avenue): Below Average. Ranked #114 out of 139 (Bottom 18%). The street average for comparable homes is 1982.

Neighborhood Level (Meadowood): Below Average. Ranked #1,433 out of 1,668 (Bottom 14%). The neighborhood average for comparable homes is 1978.

Citywide Level (Winnipeg): Around Average. Ranked #87,408 out of 194,458 (Top 45%). The citywide average for comparable homes is 1966.

316 Wales Avenue: Lot Size Analysis

Street Level (Wales Avenue): Around Average. Ranked #29 out of 139 (Top 21%). The street average for comparable homes is 4,784 sqft.

Neighborhood Level (Meadowood): Around Average. Ranked #792 out of 1,668 (Top 47%). The neighborhood average for comparable homes is 5,554 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #96,441 out of 194,458 (Top 50%). The citywide average for comparable homes is 6,570 sqft.

Market

Meadowood market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
624
last 14 years
Median price
392.3k
14-year area median
Price per sqft
$432/sqft
area average
Avg build year
1978
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
71%
Below ask71% above
101 of 143 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

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.

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Weekly report
A firmly seller-favoured week — fast, mid-range, and postwar-led.
Out of 143 closings, roughly 7 in 10 sold above asking. Well-priced postwar homes in the $400K–$600K band drove the market, while new builds and high-end product lagged. May 25 – May 31, 2026 · 143 transactions · ~98% houses · 1 condo
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
April 2026 Market Report Winnipeg
April 2026 Market Report Winnipeg Detached Average First Breaks $500,000
Community deep dive

Who lives in this neighbourhood

Dissemination area #46110480 · Statistics Canada 2021 Census · Population 416
416
Population (2021)
44.8
Median age
2.4
Avg household size
3,200 / km²
Population density
Distribution by household income band
20k-25k
3%
35k-40k
3%
45k-50k
6%
50k-60k
10%
60k-70k
13%
70k-80k
6%
80k-90k
6%
90k-100k
6%
100k-125k
19%
125k-150k
10%
150k-200k
10%
200k plus
6%
$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
65%
Labour participation
12%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

316 Wales Avenue — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 156 m).

Search radius
🌳Parks4
🏛️Government1

Crime & safety

Meadowood · WPS public data
Full crime data →
Annual incidents
24
2026
vs. city average
-19%
▲ relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
58% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
friday
Recycling
friday
Yard waste
friday b

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 316 Wales Avenue. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Overall 54.5

Smaller and older than most nearby homes

896 sqft (bottom 18%)

Built in 1972 (6 yrs older than avg)

Located in a above-average income area

with median household income of ~87k

Transit 62.0

3-min walk to transit with 1 nearby route

Within 500m: 4 parks, and 1 government office nearby