Property score
64.3
Fair
Overall 64.3 · Compared with neighbourhood average
1,080 sqft (top 39%) · 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
Near average
3% 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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64.3 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
359 Meadowood Drive — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 362 m), 1 healthcare (nearest 417 m), 1 shopping (nearest 422 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 | Top 26% | Bottom 34% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 359 Meadowood Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,080 sqft bungalow, built in 1974, presents a compelling case for value-focused buyers. Its primary appeal lies in its efficient use of space within the Meadowood neighbourhood. While the lot size (3,148 sqft) is modest compared to broader city averages, the living area is notably spacious for its immediate street, ranking in the top 1% among the 81 comparable homes on Meadowood Drive. This suggests a well-utilized floor plan that maximizes the home's footprint.
The property’s assessed value is significantly below averages for both the wider Meadowood area and the city, which can indicate a lower property tax burden and potential value opportunity for a buyer willing to invest in updates. The home last sold between $300k-$350k in 2021. It suits first-time buyers, downsizers, or investors looking for an entry point into a stable neighbourhood. A thoughtful perspective is that while the lot is smaller, it requires less maintenance, and the home's above-average living space for the street offers more interior room than many neighbours have—a trade-off that prioritizes home over yard.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to the area?
The assessed value is below the average for the broader Meadowood neighbourhood and the city. This often correlates with a lower annual property tax bill, but it may also reflect the home’s condition, lot size, or specific market factors at the time of assessment.
2. Is the living space adequate for a family?
At 1,080 sqft, the living area is above the direct street average and is comparable to many area homes. The efficient ranking suggests the layout may feel larger than the square footage implies, but it is still a compact bungalow suited for smaller families, couples, or individuals.
3. What does the lot size mean for outdoor space?
The lot is 3,148 sqft, which is smaller than many in Winnipeg. This means lower maintenance and landscaping demands, but also limited space for extensive gardens, play structures, or additions. It's ideal for those who prefer a manageable yard.
4. The home was built in 1974. What should I consider?
Homes from this era may have original components, like windows, roofing, or electrical systems, that are nearing or past their typical lifespan. A thorough inspection is advised to budget for any necessary updates or modernizations.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The listing service offers to provide the exact sold price history via a manual email request, with a promise of a reply by the end of the same day and no unsolicited marketing.
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