Property score
56.1
Fair
Overall 56.1 · Compared with neighbourhood average
980 sqft (bottom 32%) · Built in 1975 (3 yrs older 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, 5 parks, and 1 sports facility nearby
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Near average
3 yrs older 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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56.1 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
452 Wales Avenue — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 217 m), 1 education (nearest 436 m), 5 parks (nearest 203 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 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: 452 Wales Avenue, Meadowood, Winnipeg
Key Characteristics & Appeal
This 1975-built bungalow in Meadowood presents a practical and straightforward homeownership opportunity. With 980 square feet of living space on a 4,835 sqft lot, it offers a manageable scale for individuals, couples, or small families. The home’s primary appeal lies in its solid positioning within its immediate context. While the living area is modest compared to the city average, its assessed value ranks above average for both its street and neighbourhood, suggesting it is viewed as a good value proposition within the local market.
A thoughtful perspective is that this property represents a "middle-ground" option. It’s not the newest or largest on the block, but it is consistently above average in assessed value for the area, which can indicate a well-regarded location or property condition relative to its peers. The lot size, while below area averages, is still generous enough for private outdoor space without being burdensome to maintain. This home would suit first-time buyers, downsizers, or value-focused investors looking for an entry into a stable neighbourhood without a premium price tag, prioritizing location and lot over square footage.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $39,600 ranks in the top 30% for the Meadowood area, meaning it is assessed higher than most comparable homes nearby. This often correlates with a strong perceived value or desirable location within the neighbourhood.
2. Is the living space considered small?
At 980 sqft, the living area is slightly below the average for Meadowood (~1,114 sqft) and more notably below the Winnipeg city average. It is a compact layout, best suited for those comfortable with efficient use of space.
3. What is the significance of the sold price history showing a range?
The listed sale from 2019 (CA$300k–350k) is an estimated range based on public data. To obtain the exact historical sale price, you must request it directly via the provided email service, which manually confirms the figure from official records.
4. The home was built in 1975. What should I consider?
A home of this age will likely have had several updates over its lifetime. A thorough inspection is recommended to evaluate the condition of major systems like roofing, plumbing, and electrical, which may be due for maintenance or modernization.
5. How does the lot size impact potential?
The 4,835 sqft lot is below the neighbourhood average but still offers ample yard space. For a buyer, this can be an advantage: it provides outdoor room for gardening or recreation without the high maintenance of a larger plot, potentially keeping utility and upkeep costs more manageable.
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