Property score
63.4
Fair
Overall 63.4 · Compared with neighbourhood average
1,008 sqft (bottom 40%) · Built in 1975 (3 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 school, 3 parks, and 1 sports facility nearby
Living Area
Near average
9% smaller than neighborhood avg.
Year Built
Near average
3 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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63.4 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
420 Wales Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 337 m), 1 education (nearest 400 m), 3 parks (nearest 162 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 5% | Bottom 20% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 420 Wales Avenue, Winnipeg
Key Characteristics & Appeal
This home at 420 Wales Avenue in Meadowood presents a practical and grounded opportunity. Built in 1975, it is notably newer than many homes on its own street, which can be an advantage for systems and structure. With 1,008 square feet of living space, it offers a manageable footprint that is very typical for the immediate area and neighbourhood, making it a straightforward, no-surprises option in terms of size.
The property’s standout feature is its 5,204 sqft lot, which is larger than average for Wales Avenue. This offers valuable outdoor space and potential not always found in similar homes. The assessed value is consistently around the average for its street, neighbourhood, and the wider city, suggesting it is priced squarely within market norms without significant premium or discount.
This home would suit first-time buyers or downsizers looking for an entry point into a stable neighbourhood without extreme outliers in cost or maintenance. Its appeal lies in its predictability and the above-average lot size, offering a balance of indoor living space and outdoor potential. A thoughtful perspective is that its "average" metrics across the board could mean less competition and a smoother purchasing process compared to more standout properties that attract bidding wars.
Frequently Asked Questions
1. How does the home’s age affect potential renovations?
Being built in 1975 means it may still contain original components, like windows or roofing, that could be nearing the end of their lifespan. This allows for modernization tailored to your taste, but a thorough inspection is recommended to budget for any necessary updates.
2. What does the "around average" assessed value really indicate?
It suggests the property is not over- or under-valued by the city assessor compared to direct peers. This can provide confidence in its market fairness, but the final sale price is always determined by the current market and conditions of the home.
3. The lot is larger than average for the street. What are the implications?
This is a key asset. It provides more private outdoor space, better potential for gardening, additions, or a shed, and could contribute to future value. It’s a less obvious advantage that adds flexibility.
4. Who are the most likely neighbours or comparable buyers?
Given its profile, likely neighbours are long-term residents and other owners of similar, modest-sized homes. The most comparable buyers would be those seeking a functional home in a mature neighbourhood without the premium or challenges of a much older or brand-new property.
5. Where can I see more detailed context for this property?
You can open the neighbourhood analysis page to see this home on a map alongside nearby houses, comparing details like year built and lot size. For exact historical sold price data, you can request that information via email.
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