Property score
52.8
Fair
Overall 52.8 · Smaller but newer than most nearby homes
920 sqft (bottom 25%) · Built in 1978
Located in a above-average income area with median household income of ~74.5k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 4 schools, and 2 parks nearby
Living Area
Below average
17% smaller 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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52.8 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
385 Novavista Drive — 6 amenities found within 500 m, across 2 categories, including 4 education (nearest 319 m), 2 parks (nearest 264 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 48% | Bottom 40% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 385 Novavista Drive, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 920 sqft bungalow, built in 1978, presents a straightforward entry point into Winnipeg’s housing market. Its key appeal lies in its relative affordability and manageable scale, underscored by an assessed value that sits below average for its street, neighbourhood, and the wider city. The home’s living area is fairly typical for Novavista Drive but is more compact compared to most homes in Meadowood and Winnipeg overall.
The property would suit first-time buyers or downsizers seeking a lower-maintenance footprint and a predictable financial outlay. Its below-average lot size (2,499 sqft) translates to less yard work, which can be a practical advantage. A thoughtful perspective is that while the home ranks below average in several metrics city-wide, it represents a stable, established option in a mature neighbourhood—a sensible choice for those prioritizing budget certainty over size. Its age (48 years) means potential buyers should be prepared for updates, but it also places the home in a cohort of properties where major neighbourhood development issues are typically long settled.
Section 2: Frequently Asked Questions
1. Is this a good value compared to the neighbourhood?
The data suggests it is priced accessibly. Its assessed value is in the bottom quarter for Meadowood, and its last sold price (2022, $300k-$350k) was below the area average at that time. You are effectively paying for a smaller, more basic home in the area.
2. What should I consider about the home’s size and lot?
At 920 sqft, the living space is efficient. The lot is notably smaller than most in Winnipeg, which limits expansion possibilities but minimizes outdoor maintenance. This is a trade-off to weigh based on your lifestyle needs.
3. How does the 1978 build year affect this property?
Built in 1978, the home is older than most in Meadowood but around the city average. This typically means well-understood construction methods but also that critical components like the roof, windows, and major systems may be nearing or past their typical lifespan and could require attention.
4. Who are the most likely neighbours?
The immediate street consists of very similar homes, as the living area and year built are close to the street average. The neighbourhood overall has slightly larger and newer homes, suggesting a mix of long-term residents and those who have traded up within the area.
5. Where can I get more specific historical data, like the exact past sale price?
The exact sold price history is not published publicly. The listing service offers to provide this precise information manually via email upon request, at no cost and without marketing spam.
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