359 Greenwood Avenue

Meadowood, Winnipeg

Property score

61.7

Fair

Overall 61.7 · Older than most nearby homes

1,040 sqft (top 50%) · 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: 5 parks nearby

Living Area

Near average

7% smaller 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)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

61.7 is composed by the two sections below.

Property Score

56.5Fair
Living Area1,040 sqft52Fair
Year Built197258Fair
Lot Size5,201 sqft67Good
Neighbourhood Sales Activity74Good

Community Score

69.4Good
Household Income79Good
Education Level44Low
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health60Fair

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: #46110480

Community deep dive

$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

Population, labour & age

Population (2021)416
Labour force participation rate65%
Median age44.8
Avg household size2.4
Unemployment rate12%
Population density3200 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households26%
Couple families with children23%
Median household income (2020)$87K

Housing

Renter households9%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority17%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 69%
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
1,040 sqft
0255075100
Same streetBottom 40%Same areaTop 50%CitywideBottom 32%
Same street · Greenwood Avenue
#133 / 220
Bottom 40% · Avg 1,263 sqft
Same area · Meadowood
#828 / 1,668
Top 50% · Avg 1,114 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
386k
0255075100
Same streetTop 34%Same areaTop 38%CitywideTop 42%
Same street · Greenwood Avenue
#74 / 220
Top 34% · Avg 360.6k
Same area · Meadowood
#631 / 1,668
Top 38% · Avg 375.6k
Citywide · Winnipeg
#81,862 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetTop 34%Same areaBottom 14%CitywideTop 45%

Lot Size

above average
5,201 sqft
0255075100
Same streetTop 22%Same areaTop 49%CitywideTop 50%

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

359 Greenwood Avenue — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 217 m).

Search radius
🌳Parks5

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 3/2021CA$300k–350k
Sold price

Same street

Top 43%

Same area

Top 39%

City-wide

Top 48%

Related homes

Highlights & common questions: 359 Greenwood Avenue, Winnipeg

Property Overview: 359 Greenwood Avenue, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This 1972-built home in Meadowood presents a practical and straightforward opportunity. With 1,040 square feet of living space, it sits comfortably within the average range for the neighbourhood and city, offering a manageable layout for everyday living. A key standout feature is the 5,201 square foot lot, which is notably larger than many others on Greenwood Avenue, providing valuable outdoor space and potential.

The home’s appeal lies in its position as a solid, no-frills property in a stable area. Its assessed value is consistent with local averages, suggesting a fair market entry point. Recent sales activity on the street indicates an active neighbourhood. This property would best suit first-time buyers seeking a manageable starter home, practical investors looking for a rental property, or downsizers who value a larger lot over excessive interior square footage. It’s a home for those who see potential in the land and a classic layout, rather than someone seeking a recently renovated or premium-sized interior.

Section 2: Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The lot of 5,201 sq ft is a defining feature. It ranks in the top 22% on Greenwood Avenue, meaning it’s significantly larger than most direct neighbours, offering more privacy and yard space.

2. Is the home older or newer than others in Meadowood?
Built in 1972, this home is actually newer than many in the broader Meadowood area, ranking in the top 86% (meaning only 14% of area homes are newer). However, it is around the average age for its specific street and the city overall.

3. What can the 2021 sale price range tell me?
The prior sale in the CA$300k–350k range provides a recent benchmark. For the exact price to understand precise market movement, you can request the detailed history from the site.

4. How does the living area square footage compare?
At 1,040 sq ft, the living space is slightly below the average for Greenwood Avenue but is very close to the average for the wider Meadowood neighbourhood. It’s a compact, efficient footprint.

5. What is the immediate neighbourhood like based on this data?
Greenwood Avenue appears to be a street of varied lot sizes and home ages, with consistent sales activity. The data suggests a mature, established area where properties like this one, with above-average lot sizes, may offer a unique value proposition compared to newer subdivisions with smaller yards.

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