449 Meadowood Drive

Meadowood, Winnipeg

Property score

68.2

Good

Overall 68.2 · Older than most nearby homes

1,040 sqft (top 50%) · Built in 1973 (5 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 3 parks, and 1 sports facility nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 68%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

68.2 is composed by the two sections below.

Property Score

57.6Fair
Living Area1,040 sqft52Fair
Year Built197358Fair
Lot Size5,776 sqft74Good
Neighbourhood Sales Activity74Good

Community Score

84.0Excellent
Household Income84Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110478

Community deep dive

$98K

Median household income

$107K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

19%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate70%
Median age40.8
Avg household size2.7
Unemployment rate9%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households19%
Couple families with children34%
Median household income (2020)$98K

Housing

Renter households0%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority43%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 67%
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

around average
1,040 sqft
0255075100
Same streetTop 43%Same areaTop 50%CitywideBottom 32%
Same street · Meadowood Drive
#35 / 81
Top 43% · Avg 964 sqft
Same area · Meadowood
#828 / 1,668
Top 50% · Avg 1,114 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
369k
0255075100
Same streetTop 12%Same areaBottom 44%CitywideTop 47%
Same street · Meadowood Drive
#10 / 81
Top 12% · Avg 295.5k
Same area · Meadowood
#926 / 1,668
Bottom 44% · Avg 375.6k
Citywide · Winnipeg
#91,965 / 194,458
Top 47% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetBottom 20%Same areaBottom 24%CitywideTop 43%

Lot Size

above average
5,776 sqft
0255075100
Same streetTop 10%Same areaTop 27%CitywideTop 37%

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

449 Meadowood Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 236 m), 3 parks (nearest 244 m).

Search radius
🏫Education1
🌳Parks3
💪Sports1

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 1/2024CA$300k–350k
Sold price

Same street

Top 11%

Same area

Top 39%

City-wide

Top 48%

Related homes

Highlights & common questions: 449 Meadowood Drive, Winnipeg

Property Overview & Key Characteristics

This home at 449 Meadowood Drive presents a compelling mix of space, value, and location within Winnipeg's Meadowood neighbourhood. Built in 1973, its primary appeal lies in its generous, above-average lot size of 5,776 sqft—a standout feature that ranks in the top 10% on its own street and top 27% in the broader Meadowood area. This offers significant outdoor space and potential not found in many comparable properties. The living area of 1,040 sqft is comfortably in the middle range for the local area, providing adequate interior space without being oversized.

The property’s assessed value is notably strong for its immediate street, ranking in the top 12%, which suggests it is perceived as a solid asset within its most direct peer group. A recent sale in the $300k-$350k range aligns with this. A thoughtful perspective is that this home offers a "larger backyard than you'd expect" for its price point and era, appealing to those who prioritize private outdoor space over a brand-new build. It would suit first-time buyers, downsizers, or practical investors looking for a well-positioned lot in an established neighbourhood, who are comfortable with a home from the 1970s and may see value in its land footprint over a more modern interior layout.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is a key feature. At 5,776 sqft, it is substantially larger than the average lot on Meadowood Drive (3,753 sqft) and in the Meadowood area (5,554 sqft), offering more privacy and room for gardens, play, or expansion.

2. Is the home older than others in the area?
Yes, it was built in 1973. On its street and in the Meadowood area, it ranks in the bottom 25% for year built, meaning it is among the older homes locally. City-wide, however, its age is closer to the median.

3. What does the assessed value ranking indicate?
Having an assessed value in the top 12% on its street indicates that, compared to its closest neighbours, the property is considered above average in value. This can reflect its lot size, condition, or improvements relative to other homes on Meadowood Drive.

4. Can I find out the exact historical sale price?
The provided sale price is a public range. The exact sale price is available by request via email from the listing service, which they provide manually without using your email for marketing.

5. How does the living space feel for the neighbourhood?
At 1,040 sqft, the living area is slightly above the street average (964 sqft) and just below the Meadowood area average (1,114 sqft). It offers a moderate, functional amount of space that is typical for the community, neither cramped nor expansive.

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