361 Meadowood Drive

Meadowood, Winnipeg

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)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

64.3 is composed by the two sections below.

Property Score

52.2Fair
Living Area1,080 sqft52Fair
Year Built197458Fair
Lot Size3,148 sqft38Low
Neighbourhood Sales Activity74Good

Community Score

82.5Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110479

Community deep dive

$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

Population, labour & age

Population (2021)439
Labour force participation rate67%
Median age43.6
Avg household size2.7
Unemployment rate9%
Population density2438 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households12%
Couple families with children34%
Median household income (2020)$94K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority35%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 59%
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

Elite
1,080 sqft
0255075100
Same streetTop 1%Same areaTop 39%CitywideBottom 37%
Same street · Meadowood Drive
#1 / 81
Top 1% · Avg 964 sqft
Same area · Meadowood
#653 / 1,668
Top 39% · Avg 1,114 sqft
Citywide · Winnipeg
#121,563 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
286k
0255075100
Same streetBottom 47%Same areaBottom 7%CitywideBottom 26%
Same street · Meadowood Drive
#43 / 81
Bottom 47% · Avg 295.5k
Same area · Meadowood
#1,543 / 1,668
Bottom 7% · Avg 375.6k
Citywide · Winnipeg
#144,843 / 194,458
Bottom 26% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 7%Same areaBottom 37%CitywideTop 42%

Lot Size

around average
3,148 sqft
0255075100
Same streetTop 46%Same areaBottom 17%CitywideBottom 14%

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

361 Meadowood Drive — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 369 m), 1 healthcare (nearest 420 m), 1 shopping (nearest 430 m).

Search radius
🍽️Dining2
🏥Healthcare1
🛒Shopping1
🌳Parks2
Fuel Stations1
🏛️Government1

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 10/2022CA$250k–300k
Sold price

Same street

Top 37%

Same area

Bottom 27%

City-wide

Bottom 36%
Sold 3/2018CA$200k–250k
Sold price

Same street

Bottom 8%

Same area

Bottom 3%

City-wide

Bottom 18%

Related homes

Highlights & common questions: 361 Meadowood Drive, Winnipeg

Property Overview: 361 Meadowood Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home on Meadowood Drive presents a compelling mix of space, value, and established neighbourhood character. Its key appeal lies in offering above-average living space for its immediate area—at 1,080 sqft, it ranks in the top 1% on its own street—while maintaining a very manageable lot size of just under 3,150 sqft. Built in 1974, it is typical for the Meadowood area and represents a solid, mid-century construction.

The data reveals a thoughtful perspective: this home occupies a unique niche. It provides more interior room than most neighbouring houses, which could appeal to those seeking space without the upkeep of a large yard. Its assessed value is notably below the averages for both the broader Meadowood area and the city, suggesting a potential value opportunity for a buyer, especially when compared to the home's sold price history from 2018 and 2022.

This property would best suit first-time buyers, downsizers, or practical investors looking for a comfortable, move-in-ready home in a mature neighbourhood. It’s ideal for someone who prioritizes interior living space over extensive outdoor maintenance and is mindful of property tax assessments based on its current valuation.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 1,080 sqft, this home is significantly larger than others on Meadowood Drive, ranking in the top 1% on its street. It is slightly below the average for the broader Meadowood area but offers a spacious layout for its assessed value tier.

2. What does the assessed value indicate?
The assessed value of $28,600 is below the average for both the Meadowood area and Winnipeg overall. This can suggest a potentially lower property tax burden relative to similar-sized homes, but it is essential to verify current taxes and understand municipal assessment methodology.

3. Is the lot size a disadvantage?
The 3,148 sqft lot is smaller than many in Winnipeg. However, it is near the average for Meadowood Drive itself. This translates to less yard maintenance, which can be a benefit for buyers seeking a low-maintenance property without sacrificing indoor space.

4. What can the past sale prices tell us?
The home sold in the $200k-$300k range in both 2018 and 2022. Its current assessed value being significantly lower than these past sale prices is a notable point for discussion with a real estate professional to understand market trends and valuation.

5. How does the age of the home factor in?
Built in 1974, the home is typical for the neighbourhood. Buyers should anticipate features and systems consistent with a home of this era and budget for a professional inspection to evaluate the condition of the roof, windows, plumbing, and electrical systems.

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