Property score
59.8
Fair
Overall 59.8 · Compared with neighbourhood average
997 sqft (bottom 39%) · 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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
10% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
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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59.8 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
424 Wales Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 307 m), 1 education (nearest 402 m), 3 parks (nearest 158 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 31% | ਟਾਪ 45% | ਹੇਠਲੇ 49% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 424 Wales Avenue, Meadowood, Winnipeg
Key Characteristics & Appeal
This 1975-built home in Meadowood offers a practical, no-frills foundation in a mature neighbourhood. With 997 square feet of living space, the house is compact and sits on a notably generous 5,440 sqft lot for its street, providing above-average outdoor space relative to immediate neighbours. The assessed value is consistent with area averages, indicating a stable, mid-range valuation.
The primary appeal lies in its positioning as a straightforward, value-conscious entry point into homeownership. It suits first-time buyers or practical investors seeking a manageable property without a premium price tag. The larger-than-average lot for the street presents a key opportunity for future expansion, gardening, or outdoor living, which is a less obvious advantage in this price segment. While the home's size is below the citywide average, its metrics are consistently average or better within its own community, suggesting it represents a typical offering for Meadowood rather than an outlier. This makes it a sensible choice for buyers whose lifestyle is focused more on the neighbourhood and lot potential than on extensive interior square footage.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 997 sqft, the living area is slightly below the average for similar homes on Wales Avenue (1,089 sqft) and in the wider Meadowood area. It is a compact layout, which is reflected in its below-average ranking citywide.
2. Is the assessed value typical for the area?
Yes. The assessed value of $37,500 is very close to the average for Wales Avenue and the Meadowood neighbourhood, placing it firmly in the middle range of local properties.
3. What is the significance of the lot size?
The 5,440 sqft lot is a standout feature. It ranks in the top 19% on Wales Avenue, meaning it is significantly larger than many neighbouring properties. This offers more private outdoor space and potential for additions or landscaping.
4. How old is this home, and what does that mean?
Built in 1975, the home is 51 years old. It is newer than many houses on its street (ranking in the top 28%), but around the average age for the broader Meadowood area. Buyers should anticipate maintenance consistent with a home of this era.
5. Where can I find more detailed context about this property and its neighbourhood?
For a visual analysis comparing this home to nearby properties on metrics like year built and lot size, you can open the dedicated neighbourhood map analysis page linked in the full details. For the exact historical sold price, you can request that information via email.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
