337 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 · 1-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
289k
0255075100
Same streetTop 49%Same areaBottom 9%CitywideBottom 26%
Same street · Meadowood Drive
#40 / 81
Top 49% · Avg 295.5k
Same area · Meadowood
#1,523 / 1,668
Bottom 9% · Avg 375.6k
Citywide · Winnipeg
#143,334 / 194,458
Bottom 26% · 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

337 Meadowood Drive — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 320 m), 1 healthcare (nearest 396 m), 1 shopping (nearest 362 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 4/2016CA$200k–250k
Sold price

Same street

Bottom 11%

Same area

Bottom 3%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 337 Meadowood Drive, Winnipeg

Property Overview: 337 Meadowood Drive

Key Characteristics & Appeal

This 900 sqft bungalow, built in 1974, presents a practical and affordable entry point into Winnipeg’s Meadowood neighbourhood. Its key appeal lies in its relative value and established location. While the living space is modest and below the city-wide average, the home sits on a standard-sized lot for its immediate street. The assessed value is notably low compared to the broader Meadowood area, suggesting a potentially lower property tax burden and an opportunity for buyers focused on fundamentals over size.

The home would suit first-time buyers or investors seeking a straightforward, lower-maintenance property in a mature neighbourhood. Its above-average ranking for year built on its own street indicates it is among the newer homes in that specific cluster, a subtle point for those mindful of the potential for slightly newer infrastructure. This isn’t a luxury property, but a grounded option for those prioritizing location and fiscal efficiency over square footage.


Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value of $28,900 is for municipal tax purposes and is typically much lower than the expected market sale price, as seen in the 2016 sale history of $200k-$250k. It is a useful metric for estimating annual property taxes, not for determining listing price.

2. How does the home’s size compare to the area?
At 900 sqft, the living area is slightly below average for Meadowood Drive itself and is more compact than the typical home in both the wider Meadowood area and Winnipeg overall. This contributes to its affordability.

3. What does the "Top 7%" ranking for Year Built on the street mean?
This means that, on Meadowood Drive, this home is among the newest 7% of comparable properties. In this specific grouping, it is newer than most of its immediate neighbours, which may be a consideration for maintenance planning.

4. Why is the city-wide average assessed value so high ($390k) compared to this home’s?
The city-wide average includes all property types and values across Winnipeg. This home’s assessed value is compared to a specific group of "comparable homes" within that vast pool, making the direct $390k average less relevant. Its more meaningful comparison is the $37,600 average for similar homes in the Meadowood area, where it sits below average.

5. How can I find out the exact historical sale prices?
The provided sale price data is a range from public records. As noted on the detail page, you can request the exact sold price history by emailing the listing service, which provides the information manually without marketing spam.

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