369 Novavista Drive

Meadowood, Winnipeg

Property score

61.5

Fair

Overall 61.5 · Larger and newer than most nearby homes

1,200 sqft (top 25%) · Built in 1978

Located in a above-average income area with median household income of ~74.5k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 schools, and 2 parks nearby

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 62%French · 8%

Past 10 years Meadowood sales snapshot (~80% of all data)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

61.5 is composed by the two sections below.

Property Score

59.4Fair
Living Area1,200 sqft66Good
Year Built197867Good
Lot Size2,499 sqft18Low
Neighbourhood Sales Activity74Good

Community Score

64.6Fair
Household Income74Good
Education Level54Fair
Housing Stress63Fair
Core Housing Need63Fair
Employment Health42Low

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: #46110482

Community deep dive

$75K

Median household income

$74K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

30%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)460
Labour force participation rate53%
Median age45.6
Avg household size2.3
Unemployment rate9%
Population density5111 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households30%
Couple families with children23%
Median household income (2020)$75K

Housing

Renter households48%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority29%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 61%
Mother tongue (2nd)French · 7%

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

Rankings

Living Area

above average
1,200 sqft
0255075100
Same streetTop 17%Same areaTop 25%CitywideTop 50%
Same street · Novavista Drive
#37 / 220
Top 17% · Avg 968 sqft
Same area · Meadowood
#421 / 1,668
Top 25% · Avg 1,114 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

below average
293k
0255075100
Same streetBottom 23%Same areaBottom 11%CitywideBottom 27%
Same street · Novavista Drive
#169 / 220
Bottom 23% · Avg 333.1k
Same area · Meadowood
#1,479 / 1,668
Bottom 11% · Avg 375.6k
Citywide · Winnipeg
#141,299 / 194,458
Bottom 27% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetBottom 30%Same areaTop 26%CitywideTop 35%

Lot Size

below average
2,499 sqft
0255075100
Same streetBottom 17%Same areaBottom 4%CitywideBottom 4%

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

369 Novavista Drive — 6 amenities found within 500 m, across 2 categories, including 4 education (nearest 300 m), 2 parks (nearest 299 m).

Search radius
🏫Education4
🌳Parks2

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 8/2022CA$250k–300k
Sold price

Same street

Bottom 33%

Same area

Bottom 21%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 369 Novavista Drive, Winnipeg

Property Overview: 369 Novavista Drive, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,200 sqft bungalow, built in 1978, presents a specific value proposition centered on efficient interior space. Its primary appeal lies in its above-average living area for both its immediate street and the broader Meadowood neighborhood, offering more interior room than many nearby homes, while being priced accessibly according to its below-average assessed value. The lot is compact at 2,499 sqft, which translates to lower maintenance outdoors—a plus for those seeking a manageable yard.

The property would suit first-time buyers or downsizers looking for a practical, no-fuss home where the square footage is invested in living space rather than land. It’s a sensible choice for budget-conscious purchasers who prioritize interior functionality over exterior expansiveness. A thoughtful perspective is that this home represents a form of efficiency: you’re acquiring a competitively sized house in a mature neighborhood without paying a premium for a large lot you may not need. Its recent sale history (2022, in the $250k-$300k range) suggests it’s a actively traded, affordable entry point into the market.

Section 2: Frequently Asked Questions

1. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value is for municipal tax purposes. This home’s assessed value is notably below averages, which may indicate a lower tax burden, but the actual market price is determined by recent sales, condition, and demand.

2. What does the "above average" living area ranking mean practically?
It means that compared to other homes on Novavista Drive and in Meadowood, this house offers more interior space. On its street, it ranks in the top 17% for size, so you likely get more rooms or larger rooms than most neighbors.

3. How might the smaller lot size affect me?
The lot is smaller than most in the area. This limits expansive gardening, large outdoor recreation space, or future expansions like a big deck or addition. However, it also means less time and money spent on lawn care and landscaping.

4. The home was built in 1978. What should I consider?
Homes of this age may have original components nearing the end of their service life, such as the roof, windows, or major systems like HVAC. A thorough inspection is crucial to understand any needed updates or potential maintenance costs.

5. Why is there only a sold price range from 2022, and how do I get the exact price?
Public records often show only sale price ranges. To obtain the exact historical sold price for this property, you can request it via email from the listing service, which provides the figure manually as a courtesy.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.