Property score
56.7
Fair
Overall 56.7 · Compared with neighbourhood average
997 sqft (bottom 39%) · Built in 1974 (4 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, 5 parks, and 1 sports facility nearby
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 60%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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56.7 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: #46110597
$72K
Median household income
$82K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
29%
Single-person households
22%
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 Wales Avenue — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 404 m), 5 parks (nearest 253 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 39% | Top 35% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 369 Wales Avenue, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 369 Wales Avenue is a classic Meadowood bungalow, built in 1974, offering a practical and grounded living opportunity. With 997 square feet of living space, it sits comfortably within the average range for its immediate street and neighborhood, making it a typical, manageable size for the area. The lot is a notable feature at just over 5,000 square feet, providing above-average outdoor space for the street and aligning well with the neighborhood standard—a valuable asset for gardening, play, or future expansion.
Its primary appeal lies in its established location and straightforward metrics. The home represents a stable, middle-of-the-road option in the community, with an assessed value that is consistently average across all comparison levels. This suggests a property that is unlikely to be overvalued relative to its surroundings. It last sold between $350k-$400k in 2021, a price point that historically positioned it as a value-conscious choice in the city.
This property would best suit first-time buyers or practical downsizers seeking an entry into a mature neighborhood without premium pricing. It’s for those who prioritize a generous lot over a large interior footprint and who appreciate a home that reflects the character and averages of its well-established area. It’s a canvas for gradual updates rather than a move-in-ready showcase.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 997 sqft, the living area is very close to the average for both Wales Avenue (1,089 sqft) and the wider Meadowood neighborhood (1,114 sqft). City-wide, it is somewhat smaller than the average home.
2. What is the significance of the lot size?
The 5,199 sqft lot is a strong point. It’s larger than the average lot on Wales Avenue and is very typical for Meadowood. This provides more private outdoor space than many nearby properties.
3. What does the assessed value tell us?
The assessed value of $36.7k is consistently around the middle of the pack—whether compared to the street, neighborhood, or city. This indicates the property is viewed as a standard, average-valued home for its area, not an outlier.
4. When was it last sold and for how much?
The home sold between $350,000 and $400,000 in 2021. At that time, this price range placed it in the top 35-46% of sales city-wide, suggesting it was a competitively priced option.
5. Where can I see more detailed comparisons?
For a visual analysis comparing this home to its immediate neighbors on factors like year built, lot size, and value, you can open the dedicated neighbourhood map analysis page linked in the full details.
