Property score
56.2
Fair
Overall 56.2 · Smaller and older than most nearby homes
846 sqft (bottom 14%) · Built in 1973 (5 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 4 parks, and 1 bank/ATM nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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56.2 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: #46110598
$97K
Median household income
$94K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
21%
Single-person households
31%
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
407 Woodydell Avenue — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 480 m), 4 parks (nearest 203 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 23% | Bottom 31% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 407 Woodydell Avenue, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 407 Woodydell Avenue is a practical, no-frills property that represents an accessible entry point into Winnipeg's housing market. Built in 1973, it sits on a standard-sized lot of just over 5,000 sqft. Its key characteristic is its compact size, with 846 sqft of living area, which is notably smaller than average for the street, neighborhood, and city. This translates to a more manageable space with lower utility costs and less maintenance.
The appeal lies in its financial accessibility. The assessed value is consistently around the average for its immediate area, suggesting it is priced appropriately within a stable, established community like Meadowood. It last sold between 2017 for an estimated $250k-$300k. This profile suits first-time buyers seeking a foothold in the market, downsizers looking to simplify, or investors interested in a straightforward rental property. A thoughtful perspective is that its smaller size and average valuation could offer a buffer against market volatility, presenting a lower-risk option in an uncertain economic climate. It’s a home for those who prioritize location and lot over square footage, seeing potential in the land and the community rather than in the existing footprint.
Section 2: Frequently Asked Questions
1. Is the house too small compared to others on the street?
Yes, the living area is below average for Woodydell Avenue. This is the home's most defining trait, making it a compact option. Buyers should be comfortable with a cozier layout.
2. What does the assessed value tell me about the property?
The assessed value is around the local average, indicating the home is not overvalued relative to its Meadowood neighbors. It suggests a stable, mid-range property without the premium or discount associated with more unique homes.
3. How does the lot size compare?
The lot is approximately 5,200 sqft, which is very typical for the area. It provides standard outdoor space for a home of this era, neither particularly large nor small for the community.
4. The home was built in 1973. What should I consider?
A 1973 build means major components like the roof, windows, and mechanical systems (furnace, electrical) are likely at or beyond their typical lifespan. A thorough inspection is crucial to understand upcoming maintenance or replacement costs.
5. How can I find out the exact past sale price?
The listed sale price from 2017 is a public range. To obtain the exact figure, you must request it directly from the listing service via the provided email button, as they manually verify and disclose this information.
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