Property score
70.2
Good
Overall 70.2 · Larger and newer than most nearby homes
1,400 sqft (top 12%) · Built in 2021 (43 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, 4 parks, and 1 sports facility nearby
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Above average
43 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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70.2 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
439 Wales Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 292 m), 1 education (nearest 371 m), 4 parks (nearest 130 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 13% | Top 11% | Top 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 40% | Top 35% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 439 Wales Avenue, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This home stands out primarily for its modern build and efficient use of space. Constructed in 2021, it is a notably newer property compared to most in Meadowood and across Winnipeg, placing it in the top 1-2% for year built. This translates to contemporary construction standards, modern systems, and minimal immediate maintenance concerns.
The 1,400 sqft living area is comfortably above average for both its street and the broader Meadowood neighborhood, offering more interior space than many nearby homes. However, the 2,600 sqft lot is compact, especially when compared to the larger, more traditional lots common in the area. This creates a specific dynamic: you are acquiring a modern, low-maintenance home with generous interior square footage, but with less outdoor space for gardening or expansion.
Its appeal lies in this modern convenience and efficient layout, suited for buyers who prioritize a turn-key, newer home over a large yard. It would particularly suit first-time homeowners seeking a modern property without a major renovation project, downsizers looking for a manageable and contemporary space, or investors attracted by the desirability of a nearly new build in an established community. A thoughtful perspective is that this property represents a shift in the neighborhood's character, offering a newer living experience within a mature area, which can be a compelling alternative to both older homes and newer, more distant suburbs.
Section 2: Frequently Asked Questions
1. What are the main advantages of this home compared to others in Meadowood?
The primary advantage is its age. Built in 2021, it is one of the newest homes in the entire neighborhood, suggesting modern amenities, energy efficiency, and updated building codes. The living space is also larger than the area average.
2. Are there any trade-offs for getting such a new home in an established area?
Yes, the lot size is significantly smaller than the neighborhood norm. This means less private outdoor space and potentially less distance from neighboring houses compared to older properties on larger lots.
3. How does the assessed value compare?
The assessed value of $400k is above average for Wales Avenue and Meadowood. City-wide, it is around the average. This reflects the premium for a newer home, balanced by its smaller lot size in the broader Winnipeg market.
4. What is the recent sales history?
The home sold in 2021 for an estimated $350k-$400k and again in 2022 for an estimated $400k-$450k. This indicates a period of ownership transition and potential value appreciation in its initial years.
5. Who might this property not suit as well?
It may not be the best fit for buyers seeking a large, traditional yard for gardening, recreation, or future additions. Those prioritizing maximum lot size and privacy within the neighborhood might find better value in an older home.
