433 Meadowood Drive

Meadowood, ਵਿਨੀਪਿਗ

Property score

65.2

Good

Overall 65.2 · Older than most nearby homes

988 sqft (bottom 37%) · Built in 1972 (6 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

11% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 68%French · 5%

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

65.2 is composed by the two sections below.

Property Score

52.6Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ988 sqft42Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ197258Fair
ਜ਼ਮੀਨ6,178 sqft81Excellent
Neighbourhood Sales Activity74Good

Community Score

84.0Excellent
Household Income84Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

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.

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: #46110478

Community deep dive

$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

Population, labour & age

Population (2021)556
Labour force participation rate70%
Median age40.8
Avg household size2.7
Unemployment rate9%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households19%
Couple families with children34%
Median household income (2020)$98K

Housing

Renter households0%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority43%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 67%
Mother tongue (2nd)French · 4%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
988 sqft
0255075100
Same streetਹੇਠਲੇ 49%Same areaਹੇਠਲੇ 37%Citywideਹੇਠਲੇ 25%
Same street · Meadowood Drive
#41 / 81
ਹੇਠਲੇ 49% · ਔਸਤ 964 sqft
Same area · Meadowood
#1,051 / 1,668
ਹੇਠਲੇ 37% · ਔਸਤ 1,114 sqft
Citywide · ਵਿਨੀਪਿਗ
#145,831 / 194,458
ਹੇਠਲੇ 25% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
364k
0255075100
Same streetਟਾਪ 15%Same areaਹੇਠਲੇ 39%Citywideਟਾਪ 49%
Same street · Meadowood Drive
#12 / 81
ਟਾਪ 15% · ਔਸਤ 295.5k
Same area · Meadowood
#1,014 / 1,668
ਹੇਠਲੇ 39% · ਔਸਤ 375.6k
Citywide · ਵਿਨੀਪਿਗ
#95,199 / 194,458
ਟਾਪ 49% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1972
0255075100
Same streetਹੇਠਲੇ 16%Same areaਹੇਠਲੇ 14%Citywideਟਾਪ 45%

ਜ਼ਮੀਨ

ਇਲੀਟ
6,178 sqft
0255075100
Same streetਟਾਪ 2%Same areaਟਾਪ 19%Citywideਟਾਪ 27%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

433 Meadowood Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 295 m), 3 parks (nearest 310 m).

Search radius
🏫Education1
🌳Parks3

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

7/2024 ਵਿਚ ਵਿਕਿਆCA$350k–400k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 5%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 24%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 37%

Related homes

ਵਿਨੀਪਿਗ 433 Meadowood Drive — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview & Key Characteristics

This 1972 bungalow at 433 Meadowood Drive presents a compelling case defined by its generous lot and efficient footprint. Its primary appeal lies in the substantial 6,178 sqft property, which ranks in the top 2% for lot size on its street and well above average for the broader Meadowood area. This offers significant outdoor space and potential in a neighbourhood where lots are typically smaller. The home itself, at 988 sqft of living area, is modest and functionally sized, sitting around the average for the immediate vicinity.

The property suits practical buyers who prioritize land over a large existing footprint. It’s an ideal candidate for first-time homeowners, downsizers, or investors seeking a property with a strong land component in a stable neighbourhood. The assessed value is notably strong for the street, suggesting the lot premium is recognized. A thoughtful perspective is that while the home is older than most on its street, it sits on a lot that is a rarity, offering future flexibility for expansion, gardening, or outdoor living that is hard to find in this price segment.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is a standout feature. At 6,178 sqft, it is significantly larger than the street average (~3,753 sqft) and the Meadowood area average (~5,554 sqft), placing it in the top tier locally.

2. Is the living space smaller than average?
Within the immediate street and Meadowood area, the 988 sqft living area is around the average. Compared to the wider city, it is below average, indicating a home focused on essential living spaces rather than size.

3. What does the sold price history indicate?
Public records show it last sold in 2024 for an estimated $350k–$400k. This price performed very well on its street (top 5%) and above average in the wider area, reflecting strong market recognition for the property.

4. The home was built in 1972. Is it older than its neighbours?
Yes, it is slightly older than most homes on Meadowood Drive and in the Meadowood area, ranking in the bottom 15-20% for year built locally. This may indicate more original features and potential for updates.

5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them via email from the listing service, which provides the figures manually without obligation for marketing spam.

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