364 Wales Avenue

Meadowood, Winnipeg

Property score

59.8

Fair

Overall 59.8 · Smaller and older than most nearby homes

946 sqft (bottom 28%) · Built in 1972 (6 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 5 parks nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 63%French · 9%

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

59.8 is composed by the two sections below.

Property Score

50.5Fair
Living Area946 sqft42Low
Year Built197258Fair
Lot Size5,198 sqft67Good
Neighbourhood Sales Activity74Good

Community Score

73.8Good
Household Income83Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110598

Community deep dive

$97K

Median household income

$94K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

21%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)517
Labour force participation rate59%
Median age46.0
Avg household size2.5
Unemployment rate11%
Population density3231 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households21%
Couple families with children31%
Median household income (2020)$97K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$328K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority30%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
946 sqft
0255075100
Same streetBottom 26%Same areaBottom 28%CitywideBottom 21%
Same street · Wales Avenue
#103 / 139
Bottom 26% · Avg 1,089 sqft
Same area · Meadowood
#1,202 / 1,668
Bottom 28% · Avg 1,114 sqft
Citywide · Winnipeg
#154,109 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
380k
0255075100
Same streetTop 43%Same areaTop 44%CitywideTop 44%
Same street · Wales Avenue
#60 / 139
Top 43% · Avg 372.6k
Same area · Meadowood
#738 / 1,668
Top 44% · Avg 375.6k
Citywide · Winnipeg
#85,357 / 194,458
Top 44% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetBottom 18%Same areaBottom 14%CitywideTop 45%

Lot Size

around average
5,198 sqft
0255075100
Same streetTop 47%Same areaBottom 45%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

364 Wales Avenue — 6 amenities found within 500 m, across 2 categories, including 1 education (nearest 455 m), 5 parks (nearest 292 m).

Search radius
🏫Education1
🌳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 9/2016CA$300k–350k
Sold price

Same street

Bottom 16%

Same area

Bottom 40%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 364 Wales Avenue, Winnipeg

Property Overview: 364 Wales Avenue, Meadowood, Winnipeg

Key Characteristics & Appeal

This home is a study in practical value within a well-established neighbourhood. Built in 1972, its 946 sqft living space is modest and below the average for its immediate area, suggesting a cozy, manageable layout. The true standout is the 5,198 sqft lot, which is notably larger than many on its street and offers significant outdoor potential. With an assessed value of $380,000 that sits firmly in the middle range for comparable homes city-wide, this property represents an accessible entry point into homeownership.

Its primary appeal lies in its balance. It’s not the newest or largest house, but it offers a substantial lot at a median price point. This combination suits first-time buyers or downsizers looking for a lower-maintenance interior without sacrificing yard space. It’s a property where value is derived more from the land and location than from square footage, appealing to those who see potential in outdoor living, gardening, or future expansion. A thoughtful perspective is that a home of this vintage in a mature neighbourhood often comes with established landscaping and a settled, predictable community feel, which can be a welcome contrast to newer, more densely packed subdivisions.


Frequently Asked Questions

1. Is the house smaller than others in the area?
Yes. The living area is below the average for Meadowood and for its own street, ranking in the bottom ~30% for size among comparable local homes.

2. How does the lot size compare?
The lot is a key feature. At over 5,000 sqft, it is larger than the average lot on Wales Avenue and in line with the broader Meadowood area, offering more outdoor space than many neighbouring properties.

3. What does the assessed value tell me about the price?
The $380,000 assessment is very close to the city-wide average for similar homes, indicating it is priced typically for the market. It’s not an outlier on the high or low end.

4. The house was built in 1972. What should I consider?
As a home from the early 1970s, key systems like the roof, windows, plumbing, and electrical may be at or beyond their typical lifespan. A thorough inspection is essential to understand the condition and any needed updates.

5. How can I find out what it last sold for?
Exact sold price history is not publicly displayed. The listing indicates a sale occurred between 2016-2025, and you must contact the listing service directly via email to request the precise sale price and date.

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