431 Woodydell Avenue

Meadowood, Winnipeg

Property score

52.6

Fair

Overall 52.6 · Smaller and older than most nearby homes

733 sqft (bottom 4%) · Built in 1973 (5 yrs older than avg)

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

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 4 parks, and 1 bank/ATM nearby

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Below average

5 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

52.6 is composed by the two sections below.

Property Score

38.5Low
Living Area733 sqft22Low
Year Built197358Fair
Lot Size5,197 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
733 sqft
0255075100
Same streetBottom 3%Same areaBottom 4%CitywideBottom 5%
Same street · Woodydell Avenue
#132 / 136
Bottom 3% · Avg 1,007 sqft
Same area · Meadowood
#1,604 / 1,668
Bottom 4% · Avg 1,114 sqft
Citywide · Winnipeg
#183,806 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
360k
0255075100
Same streetBottom 30%Same areaBottom 37%CitywideTop 50%
Same street · Woodydell Avenue
#95 / 136
Bottom 30% · Avg 372.4k
Same area · Meadowood
#1,058 / 1,668
Bottom 37% · Avg 375.6k
Citywide · Winnipeg
#97,764 / 194,458
Top 50% · Avg 390.1k

Year Built

above average
1973
0255075100
Same streetTop 26%Same areaBottom 24%CitywideTop 43%

Lot Size

around average
5,197 sqft
0255075100
Same streetBottom 35%Same areaBottom 43%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

431 Woodydell Avenue — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 389 m), 4 parks (nearest 125 m).

Search radius
🍽️Dining1
🌳Parks4
🏦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 6/2022CA$350k–400k
Sold price

Same street

Top 19%

Same area

Top 19%

City-wide

Top 34%
Sold 6/2017CA$300k–350k
Sold price

Same street

Bottom 30%

Same area

Bottom 34%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 431 Woodydell Avenue, Winnipeg

Property Overview

431 Woodydell Avenue is a 733 sqft bungalow built in 1973, situated on a 5,197 sqft lot in Winnipeg's Meadowood neighbourhood. With an assessed value of $360,000, it presents a specific value proposition defined by its compact size and established location.

Key Characteristics & Appeal

The primary characteristic of this home is its modest scale. At 733 sqft, its living area is notably smaller than most comparable homes on its street, in Meadowood, and across Winnipeg. This creates a distinct profile: the assessed value is competitive and around the average for the area, suggesting the value is anchored more in its lot and location than in its interior square footage.

Its appeal lies in this efficiency. It suits a buyer seeking a manageable, low-maintenance property without a premium price tag, potentially a first-time homeowner, downsizer, or investor. The lot size is fairly typical for the area, offering standard outdoor space. A thoughtful perspective is that a home of this size and era may present a simpler renovation project if updates are desired, with costs easier to forecast than for a larger, more complex layout. Its recent sale in 2022 within the $350k-$400k range indicates stable market acceptance.

Frequently Asked Questions

1. Is the house unusually small?
Yes. The living area is significantly below average, ranking in the bottom 3-5% compared to nearby homes and city-wide averages. This is the home's most defining physical trait.

2. Does the lower square footage mean it's a bargain?
Not necessarily. The assessed value is around the local average, indicating the market prices it considering the full package: lot size, location, and the usable living space. The value is relative to a buyer's need for space versus land.

3. What type of buyer would this home suit best?
It would suit those prioritizing affordability and manageable upkeep in an established neighbourhood. This includes first-time buyers comfortable with a cozy layout, empty-nesters downsizing, or an investor looking for a straightforward rental property.

4. How does the lot size compare?
The lot is approximately 5,200 sqft, which is standard and unremarkable for the area—neither particularly large nor small. It aligns with the typical footprint of the neighbourhood.

5. What does the sale history tell us?
It sold between $350,000 and $400,000 in 2022, and between $300,000 and $350,000 in 2017. This shows consistent value appreciation in line with market trends, with no extreme fluctuations, suggesting steady demand for this property type.

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.