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)
624
392.3k
$432/sqft
1978
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
69.8 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
447 Wales Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 273 m), 1 education (nearest 380 m), 4 parks (nearest 146 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 | Bottom 35% | Top 42% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 447 Wales Avenue in Meadowood stands out for its modern build and efficient use of space. Built in 2020, it is a notably newer construction compared to most homes in its immediate area and across Winnipeg. With 1,400 sqft of living space, it offers above-average interior room for both its street and neighbourhood. The assessed value of $420k reflects this premium, ranking well above local averages. A key trade-off is the lot size of 2,600 sqft, which is more compact than typical area properties, suggesting a focus on the home itself rather than extensive outdoor space. Its appeal lies in acquiring a modern, low-maintenance home with contemporary systems and finishes in an established neighbourhood. It would suit buyers looking to avoid the immediate renovations often needed with older stock, or those who prefer a simpler yard to manage, without sacrificing interior space and modern comforts.
Frequently Asked Questions
How does the lot size impact the property?
The lot is significantly smaller than most in Meadowood. This means less exterior maintenance and lower landscaping costs, but also limited private outdoor space for gardening or large gatherings compared to neighbours.
What does the "Elite" ranking for Year Built mean?
It indicates this home is among the newest 1% of properties in Meadowood and the newest 3% citywide. This suggests minimal immediate repair costs for major components like roofing, windows, or heating systems, which can be a major financial advantage.
Why is the assessed value higher than the last sold price in 2020?
The 2020 sale price reflected the brand-new construction value at that time. The current assessed value accounts for market changes over the past six years and the home's established presence in a mature neighbourhood.
Is the living space efficiently designed?
The home ranks above average for living area locally, despite the smaller lot. This can indicate a well-utilized floor plan where the square footage is focused on functional living space rather than being spread across a larger, potentially more expensive property footprint.
How does it compare to the nearby reference property at 47 Gosford?
While both are in Meadowood, 447 Wales is 45 years newer, has 440 more sqft of living space, and a higher assessed value. This highlights the premium for a modern, larger home, though 47 Gosford likely offers a larger, more traditional lot.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
