453 Wales Avenue

Meadowood, ਵਿਨੀਪਿਗ

Property score

70.2

Good

Overall 70.2 · Larger and newer than most nearby homes

1,400 sqft (top 12%) · Built in 2021 (43 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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

26% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

43 yrs newer than neighborhood avg.

Mother tongue

English · 60%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

70.2 is composed by the two sections below.

Property Score

72.9Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ75
1,400 sqftGood
ਤਰੀਕ ਤੋਂ ਬਣਿਆ100
2021Excellent
ਜ਼ਮੀਨ28
2,600 sqftLow
Neighbourhood Sales Activity74
Good

Community Score

66.1Good
Household Income72
Good
Education Level72
Good
Housing Stress42
Low
Core Housing Need63
Fair
Employment Health52
Fair

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Meadowood

How to read: Share of sales in each ~$50k price band for “meadowood” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110597

Community deep dive

$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

Population, labour & age

Population (2021)1,107
Labour force participation rate52%
Median age39.2
Avg household size2.5
Unemployment rate6%
Population density3459 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households29%
Couple families with children22%
Median household income (2020)$72K

Housing

Renter households62%
Condominium dwellings5%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority44%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 59%
Mother tongue (2nd)French · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,400 sqft
0255075100
Same streetਟਾਪ 12%Same areaਟਾਪ 12%Citywideਟਾਪ 36%
Same street · Wales Avenue
#16 / 139
ਟਾਪ 12% · ਔਸਤ 1,089 sqft
Same area · Meadowood
#200 / 1,668
ਟਾਪ 12% · ਔਸਤ 1,114 sqft
Citywide · ਵਿਨੀਪਿਗ
#69,104 / 194,458
ਟਾਪ 36% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
395k
0255075100
Same streetਟਾਪ 29%Same areaਟਾਪ 31%Citywideਟਾਪ 40%
Same street · Wales Avenue
#40 / 139
ਟਾਪ 29% · ਔਸਤ 372.6k
Same area · Meadowood
#511 / 1,668
ਟਾਪ 31% · ਔਸਤ 375.6k
Citywide · ਵਿਨੀਪਿਗ
#77,040 / 194,458
ਟਾਪ 40% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2021
0255075100
Same streetਟਾਪ 1%Same areaਟਾਪ 1%Citywideਟਾਪ 2%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
2,600 sqft
0255075100
Same streetਹੇਠਲੇ 22%Same areaਹੇਠਲੇ 7%Citywideਹੇਠਲੇ 7%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

453 Wales Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 259 m), 1 education (nearest 388 m), 4 parks (nearest 161 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4
💪Sports1
🏦Finance1
Worship1

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

1/2021 ਵਿਚ ਵਿਕਿਆCA$350k–400k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 34%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 31%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 43%

Related homes

ਵਿਨੀਪਿਗ 453 Wales Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview & Appeal

This home at 453 Wales Avenue in Meadowood stands out for its modern build and efficient use of space. Its key characteristic is its age: built in 2021, it is among the newest homes not just on its street but in the entire neighbourhood and city, ranking in the top 1-2%. This translates to appeal through modern construction standards, likely lower immediate maintenance, and contemporary floor plans. With 1,400 sqft of living area, it offers above-average interior space for both Meadowood and its immediate street, providing more room than many nearby homes while maintaining a manageable scale.

The appeal lies in this balance of new construction and practical size, set in an established area. It suits buyers seeking a move-in-ready home without the concerns of an older property, such as first-time homeowners or downsizers wanting a modern, low-maintenance lifestyle. A thoughtful perspective is the trade-off: while the house itself is newer and larger than many neighbours, the lot size is notably smaller than area averages. This suggests a property optimized for the dwelling itself rather than extensive outdoor space, ideal for those who prefer minimal yard upkeep.

Frequently Asked Questions

1. How does the modern build affect ongoing costs?
As a 2021 build, major systems (roof, HVAC, windows) are under warranty and energy efficiency should be to current codes, potentially reducing repair and utility costs in the near to medium term compared to older homes in the area.

2. The assessed value seems low compared to the last sale price. Why?
The assessed value is for municipal tax purposes and often lags behind market values, especially for newer homes. The 2021 sale price range of $350k-$400k is a more current reflection of its market value at that time.

3. What does "below average" land area mean for daily living?
The lot is approximately 2,600 sqft, which is smaller than typical lots in Winnipeg. This means a smaller yard, which requires less maintenance but also offers less private outdoor space for gardening or recreation.

4. Is this a good investment compared to older homes on the street?
Its newer condition can be a strong asset, potentially appealing to a broad buyer pool in the future. However, its premium as a new build may already be reflected in its price, whereas an older home on a larger lot might offer different value through land potential or renovation upside.

5. How can I verify the exact past sale price?
The listed sale price is a public data range. For the precise figure, you can request it directly via the email link provided on the listing page; the service commits to providing the exact figure without using your email for marketing.