32 Homewood Drive

Meadowood, Winnipeg

Property score

72.2

Good

Overall 72.2 · Newer than most nearby homes

1,108 sqft (top 37%) · Built in 1981 (3 yrs newer than avg)

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

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

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer 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

72.2 is composed by the two sections below.

Property Score

65.4Good
Living Area1,108 sqft60Fair
Year Built198173Good
Lot Size5,584 sqft74Good
Neighbourhood Sales Activity74Good

Community Score

82.5Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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
1,108 sqft
0255075100
Same streetBottom 41%Same areaTop 37%CitywideBottom 40%
Same street · Homewood Drive
#16 / 27
Bottom 41% · Avg 1,298 sqft
Same area · Meadowood
#613 / 1,668
Top 37% · Avg 1,114 sqft
Citywide · Winnipeg
#115,894 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
403k
0255075100
Same streetBottom 44%Same areaTop 25%CitywideTop 38%
Same street · Homewood Drive
#15 / 27
Bottom 44% · Avg 416.1k
Same area · Meadowood
#416 / 1,668
Top 25% · Avg 375.6k
Citywide · Winnipeg
#73,075 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1981
0255075100
Same streetTop 15%Same areaTop 18%CitywideTop 33%

Lot Size

around average
5,584 sqft
0255075100
Same streetBottom 37%Same areaTop 32%CitywideTop 41%

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

32 Homewood Drive — 6 amenities found within 500 m, across 5 categories, including 2 dining (nearest 368 m), 1 healthcare (nearest 326 m), 1 parks (nearest 335 m).

Search radius
🍽️Dining2
🏥Healthcare1
🌳Parks1
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 12/2021CA$350k–400k
Sold price

Same street

Top 50%

Same area

Top 33%

City-wide

Top 45%

Related homes

Highlights & common questions: 32 Homewood Drive, Winnipeg

Property Overview: 32 Homewood Drive, Winnipeg

Key Characteristics & Appeal

This home at 32 Homewood Drive in Meadowood presents a solid, middle-of-the-road opportunity in the Winnipeg market. Built in 1981, it is notably newer than many homes on its street and in the broader neighbourhood, which may suggest updated building materials or systems compared to immediate peers. With 1,108 sqft of living space and a 5,584 sqft lot, its size is consistently average for the area, offering a practical footprint for a smaller family, couple, or first-time buyer.

The appeal lies in its stability and relative value within Meadowood. Its assessed value ranks above average for the neighbourhood, indicating it is viewed favorably compared to local properties, while being more modest city-wide. This positions it as a potentially sensible entry point into a stable community without a premium price tag. The home would suit pragmatic buyers looking for a move-in ready foundation in an established area—those who prioritize a fair assessment and a newer build year over having the largest house on the block. A thoughtful perspective is that its consistent "average" rankings across key metrics suggest lower volatility and predictable utility, which can be an advantage for long-term planning.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $40,300 is for municipal tax purposes. The last known sold price range (2021) was between $350,000 and $400,000. Market conditions and property improvements since then will determine the current listing price.

2. Is the house older or newer than others in the area?
The home was built in 1981. It ranks in the top 15% on its street for year built, meaning it is significantly newer than most direct neighbours. It is also newer than the average home in both Meadowood and Winnipeg overall.

3. What does the "above average" assessed value ranking for the neighbourhood mean?
This means the municipal assessment for this home is higher than approximately 75% of comparable properties in Meadowood. It can indicate the property has features or conditions that the city assessor views favorably compared to others in the immediate area.

4. 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 sale history by emailing the listing service via the "Get exact sold price history" button; they provide this information manually.

5. Are there similar homes nearby for comparison?
Yes. The listing references nearby properties on Homewood Drive and Willowmeade Crescent. For a detailed visual comparison of year built, size, and value with neighbouring houses, you can open the dedicated neighbourhood analysis map linked on the page.

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