Property score
73.5
Good
Overall 73.5 · Larger but older than most nearby homes
1,507 sqft (top 9%) · Built in 1972 (6 yrs older than avg)
Located in a above-average income area with median household income of ~87k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 4 parks nearby
Living Area
Above average
35% larger than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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73.5 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: #46110480
$87K
Median household income
$82K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
23%
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
343 Wales Avenue — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 461 m), 4 parks (nearest 262 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 11% | Bottom 22% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 343 Wales Avenue in Meadowood stands out for its generous proportions, both indoors and out. Built in 1972, its key appeal lies in offering more space than most comparable properties. With 1,507 square feet of living area, it ranks in the top 1% for size on its street and the top 9% within the Meadowood area. The nearly 7,800 square foot lot is even more distinctive, placing in the top 3% on Wales Avenue, providing exceptional outdoor space for a neighbourhood home.
The appeal is clear: you are acquiring a property with above-average interior space on a significantly larger-than-average lot. While the home itself is older than many on its immediate street, this is balanced by a very solid assessed value that sits above average for the local area. It suits buyers looking for a spacious family home with room to grow, garden, or entertain, and who see the value in a well-located, established property where the land itself is a major asset. It may also attract those comfortable with a home of its era, possibly seeing potential in updates over time.
Frequently Asked Questions
1. How does the age of the home affect its value?
While the 1972 build date is older than many neighbouring homes, the property’s assessed value remains strong, ranking above average for both the street and Meadowood. This suggests the significant lot size and living area are primary value drivers, potentially offsetting concerns about age.
2. What does the large lot size mean for me?
A lot of this size (top 3% on the street) is uncommon and offers flexibility. It provides ample space for gardening, children’s play, adding a deck or patio, and even future expansions like a shed or garage, subject to local bylaws.
3. The last sale was between $250k-$300k in 2017. Is that relevant today?
This historical price is a reference point, but the market has evolved since 2017. The current assessed value and the property’s standout features (lot size, living area) are more current indicators of its market position.
4. Is the above-average living space reflected in the home’s layout?
With 1,507 sq ft ranking so highly, the home likely offers a functional layout with good-sized rooms or extra spaces like a main-floor family room, larger bedrooms, or additional bathrooms compared to nearby homes.
5. How does this property compare to the Winnipeg average?
City-wide, this home offers above-average land area and living space. Its assessed value is around the city median, meaning you get more physical property for a value that is typical across Winnipeg, highlighting its relative value within the broader market.
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