445 Wales Avenue

Meadowood, Winnipeg

Property score

69.8

Good

Overall 69.8 · Larger and newer than most nearby homes

1,400 sqft (top 12%) · 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

26% 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 Area1,400 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

above average
1,400 sqft
0255075100
Same streetTop 12%Same areaTop 12%CitywideTop 36%
Same street · Wales Avenue
#16 / 139
Top 12% · Avg 1,089 sqft
Same area · Meadowood
#200 / 1,668
Top 12% · Avg 1,114 sqft
Citywide · Winnipeg
#69,104 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
397k
0255075100
Same streetTop 24%Same areaTop 29%CitywideTop 39%
Same street · Wales Avenue
#33 / 139
Top 24% · Avg 372.6k
Same area · Meadowood
#486 / 1,668
Top 29% · Avg 375.6k
Citywide · Winnipeg
#75,998 / 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

445 Wales Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 277 m), 1 education (nearest 377 m), 4 parks (nearest 142 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 12/2020CA$300k–350k
Sold price

Same street

Top 44%

Same area

Top 39%

City-wide

Top 48%

Related homes

Highlights & common questions: 445 Wales Avenue, Winnipeg

Property Overview & Appeal

This home at 445 Wales Avenue in Meadowood stands out primarily for its modern build and efficient use of space. Built in 2020, it is a notably newer property compared to most homes in its immediate area and across Winnipeg, placing it in the top tier for year built. With 1,400 sqft of living area, it offers above-average interior space for the Meadowood neighborhood, suggesting a well-proportioned layout. However, the lot size of 2,600 sqft is smaller than typical for the area, indicating a lower-maintenance yard.

The appeal lies in acquiring a modern, likely move-in-ready home with contemporary building standards and systems in an established neighborhood. It suits buyers seeking a newer construction without a premium suburban price tag, and who prioritize interior space and modern amenities over a large yard. The property represents a practical choice for first-time homeowners, small families, or downsizers looking for minimal upkeep. A thoughtful perspective is that the smaller lot could translate to lower property taxes and less weekend yard work, aligning with a simpler lifestyle, while the newer build may offer better energy efficiency.

Frequently Asked Questions

1. Why is the assessed value significantly lower than the city-wide average for comparable homes?
The assessed value reflects the municipal valuation for tax purposes, which can vary greatly by neighborhood. In this case, the value is consistent with and even slightly above average for the Meadowood area, indicating it is fairly assessed within its local market context.

2. What does the "Elite" ranking for Year Built mean?
This ranking indicates the home is among the newest in its comparison groups. Specifically, it is newer than approximately 99% of homes in Meadowood and 97% of homes city-wide, making its 2020 construction date a rare and standout feature.

3. The lot size is noted as "below average." How much of a concern is this?
The lot is smaller than most in the neighborhood and city. This means less outdoor space for gardening, play, or expansion. For some, this is a drawback; for others, it means less maintenance and lower landscaping costs. It's important to view the property in person to see how the yard fits your needs.

4. The home sold in 2020. Is there more detailed price history available?
The provided sold price range is based on public data. For the exact historical sold price, you can request this information directly via the email link on the property page. The service promises a manual reply with accurate figures, typically by the end of the same day.

5. How does the living area compare to nearby homes?
With 1,400 sqft, this home offers more interior space than most on its street and in the Meadowood area, where averages are around 1,089 sqft and 1,114 sqft respectively. This suggests you get a relatively spacious home on a more compact lot.

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