325 Meadowood Drive

Meadowood, Winnipeg

Property score

60.7

Fair

Overall 60.7 · Smaller than most nearby homes

900 sqft (bottom 20%) · 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

19% 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

60.7 is composed by the two sections below.

Property Score

46.2Low
Living Area900 sqft42Low
Year Built197458Fair
Lot Size3,148 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

around average
900 sqft
0255075100
Same streetBottom 40%Same areaBottom 20%CitywideBottom 17%
Same street · Meadowood Drive
#49 / 81
Bottom 40% · Avg 964 sqft
Same area · Meadowood
#1,335 / 1,668
Bottom 20% · Avg 1,114 sqft
Citywide · Winnipeg
#162,141 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
295k
0255075100
Same streetTop 33%Same areaBottom 12%CitywideBottom 28%
Same street · Meadowood Drive
#27 / 81
Top 33% · Avg 295.5k
Same area · Meadowood
#1,469 / 1,668
Bottom 12% · Avg 375.6k
Citywide · Winnipeg
#140,276 / 194,458
Bottom 28% · Avg 390.1k

Year Built

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

Lot Size

around average
3,148 sqft
0255075100
Same streetTop 46%Same areaBottom 17%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

325 Meadowood Drive — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 300 m), 1 healthcare (nearest 389 m), 1 shopping (nearest 329 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 4/2021CA$250k–300k
Sold price

Same street

Bottom 39%

Same area

Bottom 12%

City-wide

Bottom 26%
Sold 7/2016CA$200k–250k
Sold price

Same street

Bottom 21%

Same area

Bottom 6%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 325 Meadowood Drive, Winnipeg

Property Overview: 325 Meadowood Drive

Key Characteristics & Appeal

This 900 sqft bungalow, built in 1974, sits on a 3,148 sqft lot in Winnipeg’s Meadowood neighbourhood. Its core appeal lies in being a solid, average home within its immediate streetscape, offering a manageable entry point into the market. While its living space and lot size are below the broader neighbourhood and city averages, the home holds its own on Meadowood Drive itself, ranking around the middle of the pack for size and value among its closest neighbours. The assessed value of $29,500 is notably consistent with the street average, suggesting a stable and predictable valuation context.

This property would suit first-time buyers or downsizers looking for a lower-maintenance home without the premium of a larger lot. It also presents a practical opportunity for investors or renovators, given its older age and smaller scale, which could make updates more manageable. A thoughtful perspective is that its "average" standing on the street could mean less volatility and more predictable comparisons for resale, unlike a home that stands out as unusually large or small for the area.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
On its own street, its assessed value is around average. However, compared to the wider Meadowood area and the city, it ranks below average, indicating it is a more modestly valued property in the broader context.

2. What should I know about the home’s size and lot?
The living space (900 sqft) is compact, below the averages for both the neighbourhood and Winnipeg. The lot is also smaller than typical for the area, which translates to less exterior maintenance but limited space for expansions or large outdoor features.

3. The home was built in 1974. What does that imply?
Its age is above average for Meadowood Drive, meaning it is one of the older homes on the street. Buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, common for homes of this era.

4. How have past sale prices performed?
Public records show it sold in the $250k-$300k range in 2021 and the $200k-$250k range in 2016. The exact prices are available upon request, but the ranges indicate historical value growth.

5. Who are the most likely neighbours or comparable properties?
Immediate neighbours are similar homes on Meadowood Drive. The listing also references nearby homes on the same street and properties in other areas with identical assessed values, which can be useful for comparing municipal tax assessments.

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