459 Wales Avenue

Meadowood, Winnipeg

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, 5 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)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

69.8 is composed by the two sections below.

Property Score

72.3Good
Living Area75
1,410 sqftGood
Year Built97
2020Excellent
Lot Size28
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

Neighbourhood Sales

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.

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.

Rankings

Living Area

Elite
1,410 sqft
0255075100
Same streetTop 3%Same areaTop 11%CitywideTop 35%
Same street · Wales Avenue
#4 / 139
Top 3% · Avg 1,089 sqft
Same area · Meadowood
#184 / 1,668
Top 11% · Avg 1,114 sqft
Citywide · Winnipeg
#68,099 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
398k
0255075100
Same streetTop 20%Same areaTop 28%CitywideTop 39%
Same street · Wales Avenue
#28 / 139
Top 20% · Avg 372.6k
Same area · Meadowood
#472 / 1,668
Top 28% · Avg 375.6k
Citywide · Winnipeg
#75,508 / 194,458
Top 39% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 6%Same areaTop 1%CitywideTop 3%

Lot Size

below average
2,600 sqft
0255075100
Same streetBottom 22%Same areaBottom 7%CitywideBottom 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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

459 Wales Avenue — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 248 m), 1 education (nearest 397 m), 5 parks (nearest 178 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks5
💪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%

Sales History

Sold 12/2020CA$300k–350k
Sold price

Same street

Top 44%

Same area

Top 39%

City-wide

Top 48%

Related homes

Highlights & common questions: 459 Wales Avenue, Winnipeg

Property Overview: 459 Wales Avenue, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of modern convenience and efficient design. Built in 2020, it is a notably newer construction compared to most homes in the Meadowood area and across Winnipeg, ranking in the top 1-3% for its recent build year. This translates to likely benefits from contemporary building standards, materials, and systems, potentially reducing immediate maintenance concerns.

Its primary appeal lies in its generous and efficient living space. At 1,410 sqft, the interior is significantly larger than most comparable homes on its street and in the immediate neighbourhood, placing it in the top 3-11% for living area. This creates a sense of spaciousness that is somewhat unexpected given the property's overall footprint. The assessed value is consistently above average for its immediate context, suggesting the market recognizes this combination of new construction and ample interior space.

The trade-off is a smaller land area (2,600 sqft), which is below average for the area. This positions the property ideally for buyers who prioritize low-maintenance outdoor space and a modern, turn-key home over a large yard for gardening or expansion. It would suit first-time homeowners seeking a move-in-ready property, downsizers looking for single-level living without sacrificing interior room, or investors attracted by a newer asset with potentially lower upkeep costs.

Frequently Asked Questions

1. What does the "Elite" or "Top X%" ranking mean for the Year Built?
It means this home is significantly newer than the vast majority of homes it's compared to. On its street, in Meadowood, and across Winnipeg, over 97% of similar homes are older, many by several decades.

2. If the living area is so high-ranked, why is the assessed value not in the top tier?
While the interior is spacious and modern, the assessed value is influenced by the full package, including the smaller lot size. The value is above average for the street and neighbourhood, reflecting its desirable features, but the compact land area moderates its ranking against city-wide properties with larger lots.

3. Is the smaller lot size a major drawback?
It depends on your lifestyle. It means less yard maintenance and lower exterior upkeep costs, which is a benefit for many. However, it offers less private outdoor space and limited potential for additions like a large deck, garage, or garden compared to neighbouring properties.

4. The home sold in 2020. What can that price history tell me?
The last sale coincided with the year it was built, so it was likely a purchase from the builder or developer. This provides a baseline, but the current assessed value and market conditions have likely shifted since then. For the exact historical sold price, you can request it via the provided email service.

5. How does this home fit within its specific street and neighbourhood?
It stands out as a modern outlier on a street and in an area dominated by homes built in the 1970s and 80s. You're buying one of the newest homes in the community, which offers immediate advantages but may differ in architectural style from its neighbours.