Property score
59.1
Fair
Overall 59.1 · Compared with neighbourhood average
1,080 sqft (top 39%) · Built in 1974 (4 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Below average
4 yrs older 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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59.1 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
440 Meadowood Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 304 m), 3 parks (nearest 262 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 24% | Bottom 47% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 440 Meadowood Drive, Winnipeg
Key Characteristics & Appeal
This 1,080 sqft bungalow, built in 1974, presents a compelling profile within its immediate Meadowood neighbourhood. Its primary appeal lies in offering above-average space and a larger-than-typical lot for the street. With a living area ranking in the top 1% on Meadowood Drive, it provides more interior room than most direct neighbours. The 4,498 sqft lot also sits well above the street average, offering generous outdoor space for a home of this vintage.
The home suits practical buyers looking for a solid value proposition in a mature neighbourhood. It’s ideal for first-time homeowners or downsizers who prioritize more living and yard space over a brand-new build. The data suggests a property that stands out on its own block but is priced accessibly within the wider city context, as indicated by its recent sold price range and assessed value. A thoughtful perspective is that this home represents a "larger fish in a smaller pond" on its street, potentially offering a better sense of space and privacy compared to tighter lots in newer subdivisions, albeit in an older home that may require updates.
Frequently Asked Questions
1. How does this home really compare to others in the area?
Within the immediate Meadowood Drive area, this home is notably larger in both living space and lot size than most comparable properties. When compared to the broader Meadowood neighbourhood and the city overall, it becomes more average in size, suggesting it offers strong local value.
2. What does the assessed value tell me?
The assessed value of $30,600 is above average for Meadowood Drive but below the average for the wider Meadowood area. This can sometimes indicate a valuation that reflects the home’s older age and potential for modernization, rather than its underlying desirability or lot appeal.
3. The home was built in 1974. What should I consider?
As a home from the mid-1970s, prospective buyers should budget for potential updates to major systems like roofing, windows, plumbing, or electrical. A thorough inspection is essential. On a positive note, it ranks as newer than most on its street.
4. What is the likely price range based on recent sales?
Based on public data, a home on this street sold for between $300,000 and $350,000 in 2023. The exact sold price can be requested directly from the listing service.
5. Are the neighbouring properties similar?
Yes, the nearby homes on Meadowood Drive are very similar in year built and style, creating a consistent streetscape. The listing also notes comparable nearby properties, such as 457 Meadowood Drive, which can serve as useful benchmarks for condition and value.
