441 Wales Avenue

Meadowood, Winnipeg

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, 4 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)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

69.8 is composed by the two sections below.

Property Score

72.3Good
Living Area1,410 sqft75Good
Year Built202097Excellent
Lot Size2,600 sqft28Low
Neighbourhood Sales Activity74Good

Community Score

66.1Good
Household Income72Good
Education Level72Good
Housing Stress42Low
Core Housing Need63Fair
Employment Health52Fair

Neighbourhood Sales

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.

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: #46110597

Community deep dive

$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

Population, labour & age

Population (2021)1,107
Labour force participation rate52%
Median age39.2
Avg household size2.5
Unemployment rate6%
Population density3459 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households29%
Couple families with children22%
Median household income (2020)$72K

Housing

Renter households62%
Condominium dwellings5%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority44%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 59%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

Elite
1,410 sqft
0255075100
Same streetTop 3%Same areaTop 11%CitywideTop 35%
Same street · Wales Avenue
#4 / 139
Top 3% · Avg 1,089 sqft
Same area · Meadowood
#184 / 1,668
Top 11% · Avg 1,114 sqft
Citywide · Winnipeg
#68,099 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
398k
0255075100
Same streetTop 20%Same areaTop 28%CitywideTop 39%
Same street · Wales Avenue
#28 / 139
Top 20% · Avg 372.6k
Same area · Meadowood
#472 / 1,668
Top 28% · Avg 375.6k
Citywide · Winnipeg
#75,508 / 194,458
Top 39% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 6%Same areaTop 1%CitywideTop 3%

Lot Size

below average
2,600 sqft
0255075100
Same streetBottom 22%Same areaBottom 7%CitywideBottom 7%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

441 Wales Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 287 m), 1 education (nearest 373 m), 4 parks (nearest 134 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4
💪Sports1
🏦Finance1
Worship1

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%

Sales History

Sold 8/2024CA$450k–500k
Sold price

Same street

Top 3%

Same area

Top 6%

City-wide

Top 20%
Sold 12/2020CA$300k–350k
Sold price

Same street

Top 44%

Same area

Top 39%

City-wide

Top 48%

Related homes

Highlights & common questions: 441 Wales Avenue, Winnipeg

Property Overview: 441 Wales Avenue, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This home stands out for its modern build and efficient use of space. Built in 2020, it is a notably newer property compared to most in Meadowood and across Winnipeg, ranking in the top 1-3% for its year of construction in these areas. This translates to likely lower maintenance costs and modern building standards.

The 1,410 sqft living area is spacious for the neighbourhood, placing it in the top 3% on its street and top 11% in Meadowood. This suggests a well-designed interior that maximizes usable space. However, the lot size of 2,600 sqft is smaller than typical for the area and city, indicating a lower-maintenance yard but less private outdoor space.

Its appeal lies in this balance: it offers a modern, relatively large interior on a manageable lot. It would suit buyers seeking a turn-key, contemporary home without the upkeep of an older property or a large yard. First-time homeowners, small families, or downsizers looking for single-level living without sacrificing interior space would find it particularly suitable. A thoughtful perspective is that the high ranking for living area within an older neighbourhood suggests this property offers a "best of both worlds" scenario—modern comforts within an established community.

Section 2: Frequently Asked Questions

1. Is the assessed value of $39,80k the market price?
No, the assessed value is for municipal tax purposes. The recent sold price history (e.g., $450k-$500k in 2024) is a more accurate indicator of current market value.

2. What does the smaller lot size mean for me?
It typically means less yard maintenance and lower landscaping costs, which is a benefit for those seeking a low-maintenance lifestyle. The trade-off is less potential for expansive gardens, additions, or detached structures like a large garage.

3. As a newer build in an older area, are there any considerations?
While the home itself is modern, it's important to consider the character and infrastructure of the surrounding neighbourhood, which features older homes. Services and community amenities will be those of the established Meadowood area.

4. How significant are the "top percentile" rankings provided?
They are useful context. For example, being in the top 1% for year built in Meadowood starkly highlights how much newer this home is compared to its immediate peers, which average from the 1970s and 80s.

5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request this information directly via email from the service, which provides the precise figures manually.

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