Property score
70.2
Good
Overall 70.2 · Larger and newer than most nearby homes
1,410 sqft (top 11%) · 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, 5 parks, and 1 sports facility nearby
Living Area
Above average
27% larger than neighborhood avg.
Year Built
Above average
43 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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70.2 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
457 Wales Avenue — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 251 m), 1 education (nearest 394 m), 5 parks (nearest 172 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: 457 Wales Avenue, Winnipeg
Key Characteristics & Appeal
This home at 457 Wales Avenue in Meadowood stands out primarily for its modern build and efficient use of space. Built in 2021, it is a notably newer construction compared to most homes on its street, in the Meadowood area, and across Winnipeg. With 1,410 square feet of living area, it offers more interior space than the majority of comparable homes in its immediate vicinity, ranking in the top 3% on its street. The assessed value is consistently above average for both the street and the broader neighbourhood.
The appeal lies in acquiring a modern, low-maintenance property with a spacious interior footprint, without the premium typically attached to a large lot. The data suggests a thoughtful trade-off: a newer, well-sized home on a smaller, more manageable parcel of land (2,600 sqft). This profile would suit first-time buyers or downsizers seeking a contemporary home with less yard upkeep, or investors attracted to a newer asset with potentially lower immediate repair costs. It’s a practical choice for those who prioritize interior space and modern building standards over expansive outdoor areas.
Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the land area is below average for the area, it translates to less maintenance and lower landscaping costs. It’s a efficient layout, but may not suit those wanting extensive gardens, play space, or future additions.
2. What does the "Elite" ranking for Year Built mean?
It confirms this is one of the newest homes in a broad radius. You benefit from modern building codes, materials, and systems, which typically mean better energy efficiency and fewer major repairs in the near term compared to the area's older housing stock.
3. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value includes all property types and neighbourhoods. The more relevant comparisons are the "Same street" and "Same area" metrics, where this home's assessment is above average, indicating it is valued higher than most direct comparables in Meadowood.
4. Is the sold price from 2021 relevant today?
It provides a historical benchmark from when the home was new, but market conditions have likely changed. It's most useful to see how the assessed value has moved since that initial sale, and to compare with more recent sales of similar homes.
5. What are the potential trade-offs of a 2021 build in an older neighbourhood?
While you get a modern home, the architectural style and lot size may differ from surrounding properties. It’s wise to consider how the home fits the neighbourhood's character and whether future buyers will share your preference for this modern-on-smaller-lot model.
