42 Gosford Avenue

Meadowood, Winnipeg

Property score

59.8

Fair

Overall 59.8 · Smaller and older than most nearby homes

916 sqft (bottom 24%) · Built in 1972 (6 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 shop, 5 parks, and 1 sports facility nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 63%French · 9%

Past 10 years Meadowood sales snapshot (~80% of all data)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

59.8 is composed by the two sections below.

Property Score

50.5Fair
Living Area916 sqft42Low
Year Built197258Fair
Lot Size5,199 sqft67Good
Neighbourhood Sales Activity74Good

Community Score

73.8Good
Household Income83Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110598

Community deep dive

$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

Population, labour & age

Population (2021)517
Labour force participation rate59%
Median age46.0
Avg household size2.5
Unemployment rate11%
Population density3231 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households21%
Couple families with children31%
Median household income (2020)$97K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$328K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority30%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
916 sqft
0255075100
Same streetBottom 26%Same areaBottom 24%CitywideBottom 18%
Same street · Gosford Avenue
#26 / 35
Bottom 26% · Avg 986 sqft
Same area · Meadowood
#1,262 / 1,668
Bottom 24% · Avg 1,114 sqft
Citywide · Winnipeg
#159,587 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
363k
0255075100
Same streetBottom 17%Same areaBottom 39%CitywideTop 49%
Same street · Gosford Avenue
#29 / 35
Bottom 17% · Avg 375.2k
Same area · Meadowood
#1,025 / 1,668
Bottom 39% · Avg 375.6k
Citywide · Winnipeg
#95,830 / 194,458
Top 49% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetBottom 29%Same areaBottom 14%CitywideTop 45%

Lot Size

around average
5,199 sqft
0255075100
Same streetTop 43%Same areaBottom 49%CitywideTop 50%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

42 Gosford Avenue — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 169 m), 1 shopping (nearest 440 m), 5 parks (nearest 172 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks5
💪Sports1
🏦Finance1

Crime & Safety

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%

Sales History

Sold 1/2025CA$350k–400k
Sold price

Same street

Top 25%

Same area

Top 22%

City-wide

Top 36%
Sold 11/2019CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 30%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 42 Gosford Avenue, Winnipeg

Property Overview: 42 Gosford Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 42 Gosford Avenue in Meadowood is a practical, no-frills property that represents an accessible entry point into the Winnipeg market. Built in 1972, its 916 sqft living area is modest, ranking below average for both the street and the wider neighbourhood, suggesting a cozy, manageable layout. The lot size of 5,199 sqft is typical for the area, offering standard outdoor space.

Its primary appeal lies in its value positioning. With a recently sold price in the $350k-$400k range and a low assessed value, it presents as a more affordable option compared to many city-wide averages. This is a home for buyers who prioritize function and fundamentals over size or modern finishes. It would suit first-time homebuyers, downsizers looking to rightsize, or investors seeking a straightforward rental property. A thoughtful perspective is that its "below average" size and assessed value on its own street could indicate less property tax pressure relative to immediate neighbours, while still providing the stability of a mature, established area like Meadowood.

Section 2: Frequently Asked Questions

1. Is the home significantly smaller than others nearby?
Yes. The living area is 916 sqft, which is below the average for Gosford Avenue (986 sqft) and the Meadowood neighbourhood (1,114 sqft). This confirms it as a more compact home on the street.

2. What does the sold price history indicate about the property's market trend?
The home sold previously in 2019 for an estimated $250k-$300k and again in 2025 for $350k-$400k. This suggests a notable increase in market value over that six-year period, aligning with broader market trends.

3. How does the assessed value relate to the recent sale price?
The assessed value is significantly lower ($36,300) than the recent sale price. This is common, as municipal assessments for tax purposes often lag behind and use a different valuation method than the current market.

4. Is the lot size a pro or a con?
The lot is average for the immediate area. At just over 5,000 sqft, it provides standard suburban yard space—neither a standout feature nor a drawback, but perfectly typical for Meadowood.

5. What are the likely maintenance considerations given its age?
Built in 1972, the home is over 50 years old. Prospective buyers should budget for and investigate the condition of major aging components, such as the roof, windows, plumbing, and electrical systems, which may be due for updates or repairs.

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