Property score
60.3
Fair
Overall 60.3 · Compared with neighbourhood average
1,040 sqft (top 50%) · Built in 1974 (4 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 1 sports facility nearby
Living Area
Near average
7% 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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60.3 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: #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
393 Wales Avenue — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 444 m), 1 education (nearest 370 m), 4 parks (nearest 177 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 8% | Top 8% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 393 Wales Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 393 Wales Avenue in Meadowood presents a solid, average-sized offering in a mature neighbourhood. Built in 1974, it features 1,040 sqft of living space on a 5,198 sqft lot. Its core appeal lies in its consistency and established context. The property ranks consistently around the middle compared to its immediate street, the broader Meadowood area, and city-wide, meaning it doesn’t have extreme outliers in size, value, or age. This stability can be a virtue, offering a predictable and balanced entry point into the market.
The home would suit practical, value-conscious buyers such as first-time homeowners or investors looking for a straightforward residential property without unexpected extremes. Its recent sale in 2025 within the $450k-$500k range placed it in the top 8% for its immediate area, suggesting strong perceived value or potential for the street. The lot size is notably above average for Meadowood, offering good outdoor space relative to the neighbourhood. A thoughtful perspective is that this home represents the "backbone" of its community—not the newest or largest, but a reliable component that has maintained its place and function for over 50 years.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
Across key metrics like living area, lot size, and year built, this property consistently ranks near the middle (between the 42nd and 47th percentile) on Wales Avenue. It is a very representative home for the street.
2. What does the assessed value indicate?
The assessed value of $38,800 is for taxation purposes and is significantly lower than the recent sale price. This is normal in Winnipeg, where assessed values are often a fraction of market value. Its assessment ranks in the top third on its street, indicating the city views it as slightly above average for the area in its tax category.
3. Why is the sold price range from 2025 notable?
The sale price of $450k-$500k placed this home in the top 8% of sales for its local area at that time. This could indicate specific updates, desirable lot features, or strong market conditions for well-positioned, average-sized homes in mature neighbourhoods.
4. Is the lot size a advantage?
Yes. At 5,198 sqft, the lot is larger than the Meadowood area average (~4,784 sqft). This provides more private outdoor space than many neighbouring properties, which is a key asset.
5. How can I get the exact historical sold price?
The exact sold price is not publicly listed. You can request it by email via the button on the property page. The service is manual, with a promised reply by the end of the same day, and your email will not be used for unsolicited marketing.
