Property score
63.3
Fair
Overall 63.3 · Compared with neighbourhood average
1,040 sqft (top 50%) · Built in 1975 (3 yrs older than avg)
Located in a above-average income area with median household income of ~87k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 shop, 2 parks, and 1 fuel station nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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63.3 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: #46110480
$87K
Median household income
$82K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
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
38 Lodgepine Bay — 7 amenities found within 500 m, across 5 categories, including 2 dining (nearest 419 m), 1 shopping (nearest 433 m), 2 parks (nearest 67 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 1% | Top 23% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
38 Lodgepine Bay is a well-established bungalow in Winnipeg's Meadowood neighbourhood. Built in 1975, it sits on a generous 6,732 sqft lot and offers 1,040 sqft of living space. The home last sold in 2024 for an estimated $350k–$400k, with a current assessed value of $37,900.
Key Characteristics & Appeal
This property represents a classic, no-frills Winnipeg home. Its primary appeal lies in its spacious lot, which is notably larger than many others in Meadowood and across the city, offering above-average outdoor space. The house itself is of average size for the area, providing a practical layout for daily living. As one of the newer homes on its street, it may benefit from relatively updated core systems compared to immediate neighbours.
It’s a home that suits practical buyers looking for value and space in a mature neighbourhood. First-time homeowners, small families, or downsizers seeking a manageable house with a sizeable yard for gardening, pets, or quiet outdoor living will find it aligns with their needs. Its average assessments and recent sale price suggest it’s positioned as an affordable entry into a stable community, rather than a luxury purchase.
1. How does the lot size compare to others?
The lot is a key feature. At 6,732 sqft, it is larger than approximately 86% of lots in the Meadowood area and 81% of lots citywide, offering significant outdoor space.
2. Is the house newer or older than those around it?
Built in 1975, it is actually one of the newer homes on Lodgepine Bay, ranking in the top 15% for year built on its specific street.
3. What is the neighbourhood like?
Meadowood is a mature, established neighbourhood with homes primarily from the 1970s. The property's metrics—like living area and assessed value—consistently rank around the middle compared to its neighbours, indicating a typical, uniform streetscape.
4. Why is there a range for the 2024 sold price?
The exact sale price is not publicly disclosed in Manitoba. The range provided is an estimate based on available data. You can request the exact price by emailing the listing service.
5. How does the assessed value relate to market price?
The assessed value ($37,900) is for municipal tax purposes and is typically much lower than the market value (as indicated by the $350k–$400k sale price). Market value is determined by recent sales of comparable homes, location, and condition.
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