Property score
49.2
Below average
Overall 49.2 · Smaller but newer than most nearby homes
800 sqft (bottom 6%) · 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
28% 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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49.2 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
399 Novavista Drive — 6 amenities found within 500 m, across 2 categories, including 4 education (nearest 341 m), 2 parks (nearest 229 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 26% | Bottom 15% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 399 Novavista Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 800 sqft bungalow, built in 1978, is a compact and efficiently sized home on a 2,499 sqft lot in the Meadowood neighbourhood. Its primary appeal lies in its position as an accessible entry point into the Winnipeg housing market. The home’s assessed value is notably below averages for its street, area, and the wider city, suggesting a potentially lower property tax burden and an attractive price point for a first-time purchase.
The data reveals a thoughtful perspective: while the home is below average in size and lot dimensions compared to its neighbours, it is actually newer than most homes in the broader Meadowood area. This indicates it might offer more modern construction fundamentals within a well-established community. It last sold in the $250k-$300k range in 2022.
This property would best suit first-time buyers or investors seeking a manageable, low-maintenance footprint. It’s a practical choice for those prioritizing financial accessibility and a stable neighbourhood over spaciousness, and who see potential in a home that is newer than many in its immediate surroundings.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. At 800 sqft, the living area is below the average for the street, the Meadowood area, and the city as a whole. It is a compact bungalow suited for efficient living.
2. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value (shown as $390k) includes all property types and sizes across Winnipeg. This home’s assessment (~$29k) is more accurately compared to its local peers, where it is still below average, reflecting its smaller size and likely simpler finishes.
3. How does the lot size impact the property?
The 2,499 sqft lot is smaller than most in Winnipeg. This means lower yard maintenance, but also limited space for expansions, large gardens, or extensive outdoor amenities.
4. The home sold between $250k-$300k in 2022. What does that mean for today’s price?
This provides a historical benchmark, but the current market value will be determined by present market conditions, the home’s state, and recent comparable sales. It indicates the home’s price range prior to recent market shifts.
5. It’s noted as being newer than many Meadowood homes. What are the implications?
Built in 1978, this home is newer than about 74% of properties in Meadowood. This could suggest advantages like updated electrical wiring, plumbing, or insulation compared to older neighbourhood homes, potentially reducing immediate renovation needs.
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