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 · 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
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)
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
347 Meadowood Drive — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 337 m), 1 healthcare (nearest 404 m), 1 shopping (nearest 387 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 26% | Bottom 9% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 347 Meadowood Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 347 Meadowood Drive is a practical, entry-level property built in 1974. Its key appeal lies in its relative affordability and established location within the Meadowood neighborhood. With 826 square feet of living space, it is notably compact, ranking below average in size for its street, neighborhood, and the wider city. This makes it a manageable and efficient layout, likely suited for a smaller household.
The assessed value of $290,000 is around average for Meadowood Drive itself but sits below the average for the broader Meadowood area and the city. This positioning suggests a value proposition for a buyer comfortable with a smaller footprint in exchange for a lower entry point into the market. The lot size of 3,148 square feet is consistent with others on the street but is smaller than many lots in the wider region.
This property would best suit first-time buyers, downsizers, or investors looking for a straightforward, lower-maintenance home. Its appeal is grounded in practicality rather than luxury, offering a chance to enter a mature neighborhood without a premium price tag. A thoughtful perspective is that its smaller size and lot could translate to lower utility and maintenance costs, aligning with a simpler, more efficient lifestyle. The data indicates it last sold between $250,000-$300,000 in 2019.
Section 2: Frequently Asked Questions
1. Is the house unusually small for the area?
Yes, the living area is below average. It ranks in the bottom 23% on its own street (62nd out of 81 homes) and is about 138 square feet smaller than the street average.
2. How does its value compare to nearby homes?
Its $290,000 assessed value is fairly typical for Meadowood Drive, ranking near the middle. However, it is below the average assessed value for the full Meadowood neighborhood.
3. What is the property’s potential for expansion or renovation?
The lot is under 3,150 square feet, which is smaller than many in Winnipeg. While local zoning would determine specifics, the lot size may limit possibilities for large additions compared to properties with more land.
4. How old is the home, and what does that mean?
Built in 1974, it is 52 years old. On its street, it is actually newer than most, ranking in the top 7%. This suggests the immediate block consists of similarly aged homes, which can be positive for understanding common maintenance timelines.
5. How can I find out exactly what it last sold for?
The public data shows a sale in 2019 in the $250,000-$300,000 range. For the exact sale price, you can request it via email from the listing source, which provides this detail manually.
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