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 · 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
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)
624
392.3k
$432/sqft
1978
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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
449 Wales Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 268 m), 1 education (nearest 382 m), 4 parks (nearest 151 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 10% | Top 8% | Top 23% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Top 39% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 449 Wales Avenue, Meadowood, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and established neighbourhood living. Built in 2020, it is a notably newer construction compared to most homes on its street, in Meadowood, and across Winnipeg, placing it in the top tier for age. Its 1,410 sqft of living space is generous for the area, offering more room than the vast majority of comparable nearby homes. The assessed value is consistently above average for its immediate context.
The primary appeal lies in acquiring a modern, low-maintenance home with ample interior space in a mature neighbourhood. It suits buyers who prioritize a move-in-ready property with contemporary building standards and efficient use of interior square footage over a large yard, as the lot size is smaller than typical for the area. This is an ideal fit for professionals, small families, or downsizers seeking a newer build without venturing to the outer suburbs, offering a balance of modern comforts and established community roots.
Frequently Asked Questions
1. Why is the assessed value significantly lower than the recent sold prices?
The assessed value ( $39,800 ) is for municipal tax purposes and is not a market valuation. It is based on a provincial formula and lags behind current market conditions. The sold price ranges from 2020 and 2022 provide a more accurate picture of its market value.
2. How does the smaller lot size impact the property?
The land area is 2,600 sqft, which is below average for the neighbourhood. This typically means less exterior maintenance and lower landscaping costs, but also limited space for extensive gardens, play structures, or future expansions like large decks or additions.
3. The home is "newer," but what does that mean for the neighbourhood?
Built in 2020, it is among the newest homes on Wales Avenue (top 6%) and in the entire Meadowood area (top 1%). This suggests it likely has modern insulation, wiring, plumbing, and appliances, potentially offering better energy efficiency and fewer immediate repair concerns than older neighbouring homes.
4. The sold price increased notably between 2020 and 2022. What does this indicate?
The increase from the $300k-$350k range in 2020 to $400k-$450k in 2022 reflects strong market appreciation during that period and possibly the completion of any initial landscaping or finishing touches on the then-new build. It establishes a recent price trajectory for the home.
5. How does this home compare to others on the same street?
It stands out on Wales Avenue for being much newer (2020 vs. an average build year of ~1982) and having significantly more living space (1,410 sqft vs. an average of ~1,089 sqft). Its lot, however, is smaller than most on the street. This positions it as a modern, spacious interior on a compact, manageable lot.
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