Property score
57.1
Fair
Overall 57.1 · Smaller than most nearby homes
880 sqft (bottom 15%) · 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
21% 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)
624
392.3k
$432/sqft
1978
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57.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110479
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
341 Meadowood Drive — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 326 m), 1 healthcare (nearest 399 m), 1 shopping (nearest 371 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 29% | Bottom 9% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 341 Meadowood Drive, Winnipeg
Key Characteristics & Appeal
This 880 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 manageable scale. While the living space is notably compact compared to area and city averages, this translates to a lower assessed value, positioning it as one of the more accessible homes on its street and within the wider community. The lot size is also modest, suggesting lower maintenance.
The home’s strongest characteristic is its age ranking on Meadowood Drive—it’s newer than most of its immediate neighbours. For a buyer, this could imply potentially fewer major age-related issues compared to other houses on the block. This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance holding. Its value is functional rather than luxurious, offering a foothold in a stable area without the premium of a larger, updated home.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value (28.50k) is for municipal tax purposes and is typically much lower than the expected market sale price, as evidenced by the 2016 sale in the 250k-300k range. Market value is determined by current supply, demand, and condition.
2. How does the smaller living area impact daily living?
The 880 sqft layout requires efficient use of space. It’s well-suited for 1-2 people but may feel cramped for a growing family. The trade-off is often lower utility costs and less to clean and maintain.
3. What does it mean that the home is "newer" than most on the street?
Built in 1974, it ranks in the top 7% for age on its street. In practical terms, this could mean original major components (like roofing, wiring, or plumbing) might have more remaining lifespan than those in older neighbouring homes, though a specific inspection is essential.
4. Why is the city-wide average assessed value so much higher (390k)?
That average includes all property types and sizes across Winnipeg. This home’s assessed value is below average because it is a compact bungalow on a modest lot. The comparison highlights this property’s position as a more affordable option in the broader market.
5. How can I find out the exact past sale prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request the precise historical sale data by emailing the provided service, which manually retrieves and shares that information.
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