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
451 Wales Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 264 m), 1 education (nearest 385 m), 4 parks (nearest 156 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 5% | Top 6% | Top 21% |
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: 451 Wales Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 451 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, potentially offering advantages in building standards, energy efficiency, and reduced immediate maintenance. With 1,410 sqft of living area, the interior space is generous for the neighbourhood, ranking in the top 3% on its street. This suggests a well-designed, modern floor plan that maximizes usable square footage.
The appeal lies in this balance of new construction and above-average interior space within a mature community. The property suits buyers seeking a move-in-ready home without the concerns of an older structure, and who prioritize interior space over a large yard. The lot is compact at 2,600 sqft, which means lower exterior upkeep but less private outdoor space—a trade-off that works well for busy professionals, small families, or those looking to minimize gardening and maintenance. Its assessed value is consistently above average for the local area, reflecting its modern status.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
The land area is significantly smaller than the average lot in Meadowood and Winnipeg. This translates to minimal yard maintenance but also limited private outdoor space for gardening, play, or expansions. It positions the property as a low-maintenance, interior-focused home.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home is among the newest 1-3% of comparable properties in its wider area. In a city and neighbourhood with many homes built from the 1960s-1980s, a 2020 build date is a major differentiator, suggesting newer major systems (roof, HVAC, windows) and modern layouts.
3. Why is there a range for past sold prices instead of an exact figure?
Exact sale prices in Manitoba are not publicly available online. The provided ranges are estimates based on publicly accessible data. The precise sale history can be requested directly from the site via email.
4. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value shown (~$390k) includes all property types and sizes across Winnipeg. This home's assessment ($42,600) is for taxation purposes and is not its market value. Its market value is better indicated by its recent sale price ranges ($450k-$500k in 2022).
5. Who would this property not be ideal for?
It may not suit buyers who desire a large, traditional yard for gardening or recreation, or those looking for a character home with the architectural details common in older neighbourhoods. The compact lot also offers less potential for additions like a large garage or deck.
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