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)
624
392.3k
$432/sqft
1978
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61.5 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: #46110482
$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
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
369 Novavista Drive — 6 amenities found within 500 m, across 2 categories, including 4 education (nearest 300 m), 2 parks (nearest 299 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 | Bottom 33% | Bottom 21% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
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.
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