Property score
64.6
Fair
Overall 64.6 · Older than most nearby homes
960 sqft (bottom 32%) · Built in 1972 (6 yrs older than avg)
Located in a high-income area with median household income of ~98k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
14% 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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64.6 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
429 Meadowood Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 310 m), 3 parks (nearest 327 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 50% | Bottom 13% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 429 Meadowood Drive, Winnipeg
Key Characteristics & Appeal
This 960 sqft bungalow, built in 1972, presents a compelling mix of modest living space and a generous, well-sized lot. Its primary appeal lies in its standout position within its immediate neighbourhood. The property boasts an assessed value that ranks in the elite top 5% on Meadowood Drive itself, suggesting it is viewed favorably compared to its closest neighbours. This is complemented by a land area of 5,669 sqft, which is significantly above average for the street, offering ample outdoor space and potential.
The home suits practical buyers looking for a solid foundation in a stable area. It’s ideal for a first-time homeowner comfortable with a property of vintage character, or an investor seeking a house with a strong relative value proposition on its block. The larger lot is a key asset, providing room for gardening, expansion, or simply more privacy than surrounding properties—a less obvious advantage in a neighbourhood of mostly smaller lots. While the living space is compact by broader city standards, its efficiency is typical for the immediate area, making it a sensible choice for those prioritizing lot size and value-perception on their street over interior square footage.
Frequently Asked Questions
1. Why is the assessed value so high compared to others on the street?
The assessment ranks in the top 5% on Meadowood Drive. This typically reflects a combination of the above-average lot size, the property’s condition, and any improvements relative to neighbouring homes of similar age and style.
2. What does the "below average" ranking for the year built mean?
Built in 1972, this home is older than most on its street and in the broader Meadowood area. This isn’t unusual for a mature neighbourhood, but it does indicate that buyers should expect the maintenance and update needs common to houses of this era.
3. How does the lot size compare to typical city lots?
At 5,669 sqft, the lot is above average for both the street and the Meadowood area, but is closer to the city-wide average. This means you get more outdoor space than most nearby homes, which is a significant perk in this location.
4. The home last sold between 2017-2025. How can I find the exact price?
Exact sold prices are not publicly displayed in detail. You can request the precise historical sale price by using the "Get exact sold price history" email request function provided on the listing page.
5. Are comparable homes currently on the market?
The listing suggests a few nearby properties for reference or viewing, such as 457 Meadowood Drive and 14 Knightsbridge Drive. Checking these can provide a live market comparison for layout, condition, and price.
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