323 Meadowood Drive

Meadowood, Winnipeg

Property score

57.1

Fair

Overall 57.1 · Smaller than most nearby homes

826 sqft (bottom 11%) · Built in 1974 (4 yrs older than avg)

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

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Below average

4 yrs older 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

57.1 is composed by the two sections below.

Property Score

40.2Low
Living Area826 sqft32Low
Year Built197458Fair
Lot Size3,142 sqft38Low
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

below average
826 sqft
0255075100
Same streetBottom 23%Same areaBottom 11%CitywideBottom 11%
Same street · Meadowood Drive
#62 / 81
Bottom 23% · Avg 964 sqft
Same area · Meadowood
#1,479 / 1,668
Bottom 11% · Avg 1,114 sqft
Citywide · Winnipeg
#173,653 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

around average
285k
0255075100
Same streetBottom 46%Same areaBottom 7%CitywideBottom 25%
Same street · Meadowood Drive
#44 / 81
Bottom 46% · Avg 295.5k
Same area · Meadowood
#1,547 / 1,668
Bottom 7% · Avg 375.6k
Citywide · Winnipeg
#145,307 / 194,458
Bottom 25% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 7%Same areaBottom 37%CitywideTop 42%

Lot Size

below average
3,142 sqft
0255075100
Same streetBottom 26%Same areaBottom 16%CitywideBottom 14%

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

323 Meadowood Drive — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 295 m), 1 healthcare (nearest 388 m), 1 shopping (nearest 321 m).

Search radius
🍽️Dining2
🏥Healthcare1
🛒Shopping1
🌳Parks2
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 6/2024CA$300k–350k
Sold price

Same street

Top 16%

Same area

Top 48%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 323 Meadowood Drive, Winnipeg

Property Overview: 323 Meadowood Drive, Winnipeg

Key Characteristics & Appeal

This home at 323 Meadowood Drive is a compact, single-family residence built in 1974, offering a practical entry point into Winnipeg’s Meadowood neighborhood. With 826 square feet of living space on a 3,142 sqft lot, its scale is notably smaller than most homes in the wider area and city. This defines its core appeal: it is a manageable, lower-maintenance property in an established community.

The home’s assessed value is modest, sitting comfortably around the average for its immediate street but well below averages for the broader Meadowood area and the city. This suggests a potentially accessible price point for the neighborhood. A key, less obvious perspective is its relative "newness" on its street—being built in 1974 makes it newer than most direct neighbors, which could imply updates in its construction era or simply less wear compared to older stock.

This property would best suit first-time buyers seeking affordability in a mature area, downsizers looking to reduce space and upkeep without leaving a familiar community type, or pragmatic investors interested in a straightforward rental property. Its appeal lies in simplicity and location over size or modern luxury.

Frequently Asked Questions

1. How does the size of this home compare to others?
At 826 sqft, the living area is below the average for Meadowood Drive, the wider Meadowood area, and Winnipeg overall. It is a compact, efficient layout.

2. What does the assessed value tell me about the price?
The assessed value of $28,500 is around average for the immediate street but is significantly below the averages for the larger neighborhood and city. This typically indicates a more accessible price point for the area.

3. Is the home older than others nearby?
No, it is actually newer than most on its street. Built in 1974, it ranks in the top 7% for year built on Meadowood Drive, meaning it is one of the more recently built homes among its direct neighbors.

4. How can I find out what it last sold for?
The sold price history shows a range (e.g., CA$300k–350k for 2024). To obtain the exact sale price, you can request it via email from the listing service, which provides the figure manually.

5. What are the trade-offs for the smaller size and lot?
The primary trade-off is less interior and yard space compared to area norms. In return, the property offers lower maintenance, potentially lower property taxes due to its value, and an entry into an established neighborhood. The lot size, while smaller than average, still provides outdoor space for a patio or garden.

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