Property score
68.2
Good
Overall 68.2 · Older than most nearby homes
1,040 sqft (top 50%) · Built in 1972 (6 yrs older than avg)
Located in a high-income area with median household income of ~98k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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68.2 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: #46110478
$98K
Median household income
$107K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
19%
Single-person households
34%
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
417 Meadowood Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 352 m), 3 parks (nearest 309 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 3% | Top 21% | Top 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 42% | Bottom 24% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 417 Meadowood Drive, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1972, presents a solid, no-frills opportunity in the Meadowood neighborhood. Its primary appeal lies in its above-average lot size of 5,562 sqft for the immediate street, offering more outdoor space than many neighboring properties. The home’s assessed value is notably strong relative to its street, ranking in the top 6%, which suggests it is viewed favorably for its tax bracket compared to direct neighbors.
The property suits practical buyers looking for value and space over modern finishes. It’s ideal for a first-time homeowner comfortable with a home from the 1970s, or an investor seeking a property with a stable assessment in a mature neighborhood. A thoughtful perspective is that while the living area is modest city-wide, the generous lot provides room for expansion, gardening, or outdoor living—a valuable asset not reflected in square footage alone. The recent 2022 sale in the $350k-$400k range indicates sustained market interest.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value is $37,400 for municipal tax purposes. This is significantly lower than the home’s last sold price range ($350k-$400k in 2022), which is typical. Market value is driven by recent sales and current demand, not the tax assessment.
2. Is the lot size a significant advantage?
Yes, particularly on this street. The lot is larger than 81% of comparable properties on Meadowood Drive. This means more private outdoor space and potential for additions, which is a key differentiator in this price range.
3. The home was built in 1972. What should I expect?
As a home from the early 1970s, buyers should budget for updates to major aging components like roofing, windows, plumbing, or electrical systems. A thorough inspection is essential to understand the condition and any needed investments.
4. How does this property rank for livable space?
The living area is about average for the Meadowood area but below the city-wide average. This indicates a comfortable size for the neighborhood, but buyers seeking ample indoor space may find it compact. The trade-off is the larger lot.
5. Can I get the exact historical sale prices?
The provided ranges ($250k-$300k in 2016, $350k-$400k in 2022) are based on public data. The exact sale prices are available by request from the listing service, which they provide manually via email.
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