377 Wales Avenue

Meadowood, Winnipeg

Property score

61.4

Fair

Overall 61.4 · Compared with neighbourhood average

1,034 sqft (bottom 42%) · Built in 1976 (2 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 dining spot, 1 school, 5 parks, and 1 sports facility nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 60%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

61.4 is composed by the two sections below.

Property Score

58.3Fair
Living Area52
1,034 sqftFair
Year Built67
1976Good
Lot Size67
5,199 sqftGood
Neighbourhood Sales Activity74
Good

Community Score

66.1Good
Household Income72
Good
Education Level72
Good
Housing Stress42
Low
Core Housing Need63
Fair
Employment Health52
Fair

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: #46110597

Community deep dive

$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

Population, labour & age

Population (2021)1,107
Labour force participation rate52%
Median age39.2
Avg household size2.5
Unemployment rate6%
Population density3459 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households29%
Couple families with children22%
Median household income (2020)$72K

Housing

Renter households62%
Condominium dwellings5%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority44%
Bachelor's or higher (25–64)37%
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

around average
1,034 sqft
0255075100
Same streetBottom 42%Same areaBottom 42%CitywideBottom 30%
Same street · Wales Avenue
#80 / 139
Bottom 42% · Avg 1,089 sqft
Same area · Meadowood
#968 / 1,668
Bottom 42% · Avg 1,114 sqft
Citywide · Winnipeg
#137,075 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

around average
373k
0255075100
Same streetBottom 43%Same areaBottom 49%CitywideTop 46%
Same street · Wales Avenue
#79 / 139
Bottom 43% · Avg 372.6k
Same area · Meadowood
#855 / 1,668
Bottom 49% · Avg 375.6k
Citywide · Winnipeg
#89,463 / 194,458
Top 46% · Avg 390.1k

Year Built

above average
1976
0255075100
Same streetTop 24%Same areaTop 39%CitywideTop 39%

Lot Size

around average
5,199 sqft
0255075100
Same streetTop 37%Same areaBottom 49%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

377 Wales Avenue — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 498 m), 1 education (nearest 390 m), 5 parks (nearest 226 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks5
💪Sports1

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

377 Wales Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 377 Wales Avenue, Winnipeg

Property Overview: 377 Wales Avenue, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 377 Wales Avenue is a quintessential Meadowood property, representing solid value and a practical entry point into the Winnipeg market. Built in 1976, it is slightly newer than many of its immediate neighbours, which can be a subtle advantage regarding the potential age of major components like roofing or windows. The 1,034 sqft living area and 5,199 sqft lot are consistently "around average" when compared to the street, neighbourhood, and city, indicating a standard, manageable size for a first home or downsizer.

The primary appeal lies in its stability and straightforward metrics. The assessed value is consistent with the area, suggesting the property is priced appropriately without premium or distress signals. It suits a pragmatic buyer—perhaps a first-time purchaser, an investor, or someone looking to downsize—who prioritizes a known quantity over standout features. A thoughtful perspective is that its very "averageness" in a stable neighbourhood can be a strength, offering lower volatility and predictable upkeep costs compared to more unique or older homes. It’s a property you buy for a place to live and build equity, not for luxury or immediate customization.

Section 2: Frequently Asked Questions

1. How does the 1976 build year compare, and what does it imply?
At 50 years old, this home is actually newer than many on its street (ranking in the top 24%). This suggests that while updates are likely needed, core systems may have a slight recency advantage over immediate neighbours.

2. Is the assessed value a reliable indicator of the market price?
The assessed value ($37,300) is for municipal tax purposes. Notably, it is significantly lower than the city-wide average for comparable homes, which is more reflective of broader Winnipeg market values. Always rely on a current market evaluation for pricing.

3. What can the "around average" size rankings tell me?
The consistent rankings indicate the home is neither cramped nor oversized for Meadowood. It should meet typical space needs but is unlikely to have expansive or unusually small rooms compared to others in the area.

4. Why is the exact sold price history not publicly listed?
The provider states that precise sale data requires a manual email request to ensure accuracy from their records. They commit to providing the data without marketing spam.

5. Who might this property not suit?
It may not suit buyers seeking a move-in-ready modern home, a premium lot, or a standout architectural style. Its profile suggests a candidate for steady living and potential gradual updates, not a showpiece.