Property score
69.8
Good
Overall 69.8 · Larger and newer than most nearby homes
1,410 sqft (top 11%) · Built in 2020 (42 yrs newer than avg)
Located in a above-average income area with median household income of ~72k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 3 parks, and 1 sports facility nearby
Living Area
Above average
27% larger than neighborhood avg.
Year Built
Above average
42 yrs newer than neighborhood avg.
Mother tongue
English · 60%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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69.8 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” (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: #46110597
$72K
Median household income
$82K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
29%
Single-person households
22%
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
435 Wales Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 302 m), 1 education (nearest 367 m), 3 parks (nearest 124 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 27% | Top 50% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 435 Wales Avenue, Meadowood, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and practical value. Its standout feature is the generous 1,410 sqft of living space, which ranks in the top 3% on its street and top 11% in the Meadowood area, offering more room than most comparable local homes. Built in 2020, it is a notably newer construction, ranking in the top 1% for year built within the neighbourhood, which suggests modern building standards, energy efficiency, and minimal immediate repair needs.
The appeal lies in this balance: you get a spacious, contemporary home without a premium assessed value, which is consistently around the average for the street, area, and city. The trade-off is a smaller lot size (2,600 sqft), which is below average for Winnipeg. This makes the property particularly suited for buyers who prioritize low-maintenance, interior living space over extensive outdoor yard work. It would be an excellent fit for young families, professionals, or downsizers seeking a modern, move-in-ready home in a stable neighbourhood without the upkeep of a larger property or an older structure.
Frequently Asked Questions
1. Is this a good value for the space?
Based on the data, yes. The living area is significantly above average for Meadowood, while the assessed value is aligned with area averages. This suggests you are getting more interior square footage per dollar than many neighbouring properties.
2. What does the smaller lot size mean for me?
The yard is more manageable, requiring less time and cost for maintenance. It may limit extensive gardening, large play structures, or additions like a sizable detached garage. However, it often results in a more efficient property layout and lower landscaping expenses.
3. As a newer build (2020), what should I consider?
Newer builds typically have updated electrical, plumbing, and insulation, leading to lower utility costs. Be sure to review the builder's warranty status and understand any recent developments in the area to assess the full context of the home's six-year history.
4. How does the sold price history from 2020 help?
The initial sale price (CA$300k–350k) provides a benchmark for how the property was valued when new. Comparing this to its current assessed value and any recent area sales can help gauge market trends and the home's potential appreciation.
5. Who might this property not suit?
Buyers with multiple large vehicles, those dreaming of expansive vegetable gardens or pool installations, or anyone seeking a historic character home would likely find the lot size limiting and the modern design less appealing.
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