Property score
56.7
Fair
Overall 56.7 · Compared with neighbourhood average
997 sqft (bottom 39%) · Built in 1975 (3 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 1 sports facility nearby
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Near average
3 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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56.7 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 Wales Avenue — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 248 m), 1 education (nearest 422 m), 4 parks (nearest 180 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 29% | Top 25% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 440 Wales Avenue, Meadowood, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1975-built home in Meadowood presents a practical and straightforward opportunity. With 997 sqft of living space and a 5,200 sqft lot, its key characteristics are best described as solidly average within its immediate neighbourhood and street. The data shows it consistently ranks around the middle compared to homes on Wales Avenue and in Meadowood for size, value, and lot area. Its assessed value of $370,000 aligns closely with these local averages.
The appeal lies in its stability and predictability. It’s a home that doesn’t stand out for being exceptionally large, new, or small, but rather fits comfortably within its established community context. A thoughtful perspective is that this averageness can be a strength—it suggests the property is unlikely to be over-improved for the area or carry unusual risks, offering a known quantity in a mature neighbourhood. It would suit a first-time buyer or a downsizer looking for a manageable, no-surprises home in a settled area, where value is derived more from location and community than from the property's standout features.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 997 sqft, the living area is slightly below the city-wide average but is very typical for homes on its street and in the Meadowood area, where comparable homes average about 1,089 sqft.
2. Is the assessed value in line with the neighbourhood?
Yes. The $370,000 assessment is around the average for comparable homes on Wales Avenue and in the broader Meadowood neighbourhood, indicating it is fairly valued within its local market.
3. What is the significance of the home being built in 1975?
Built 51 years ago, this home is actually newer than many on its street, ranking in the top 28% on Wales Avenue for year built. This suggests the immediate area is well-established, and the property itself may have seen fewer decades of wear than some neighbours.
4. How recent is the sale history, and what did it sell for?
The home sold between 2023-2025 for a price in the range of $350,000 to $400,000. Exact sale prices are available upon request to ensure accuracy.
5. What does the lot size offer?
The 5,200 sqft lot is fairly standard for the area. It provides adequate outdoor space without the extensive maintenance of a much larger yard, striking a balance for those who want some private space but not an overwhelming amount.
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