Property score
68.8
Good
Overall 68.8 · Larger and newer than most nearby homes
1,147 sqft (top 29%) · Built in 1986 (8 yrs newer than avg)
Located in a high-income area with median household income of ~93k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 2 parks nearby
Living Area
Above average
3% larger than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 64%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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68.8 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: #46110483
$93K
Median household income
$96K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
21%
Single-person households
28%
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
463 Novavista Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 186 m), 2 parks (nearest 164 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 | Bottom 38% | Bottom 26% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 463 Novavista Drive, Meadowood
Section 1: Key Characteristics & Appeal
This 1,147 sqft bungalow, built in 1986, presents a practical and well-situated home in Winnipeg's Meadowood neighborhood. Its key appeal lies in offering above-average interior space for its immediate street and local area, providing more room than many comparable nearby homes. The 1986 build date is also notably newer than most homes in the wider city and area, suggesting potentially fewer immediate major upkeep concerns relative to the aging housing stock.
The property sits on a 3,598 sqft lot, which is generous for Novavista Drive but more compact compared to larger lots typical in other parts of Meadowood and the city. This creates a lower-maintenance yard—a benefit for those not seeking extensive gardening or outdoor space. The assessed value is modest relative to the broader city, positioning it as an accessible entry point into the market.
This home would best suit first-time buyers or downsizers seeking a move-in-ready, space-efficient bungalow without a large yard to manage. It’s a pragmatic choice for someone who values living area and a newer build over a large lot, and who wants a home that stands out positively within its own micro-neighborhood on Novavista Drive.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average on Novavista Drive for living space, lot size, and year built. This means you're getting a newer and more spacious home compared to most direct neighbors.
2. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value for tax purposes is often lower than market value. This home's assessed value is around the city average but below the average for the broader Meadowood area, which may reflect its more compact lot. The last known sale was between $250k-$300k in 2017.
3. What does "below average" for lot size in Meadowood mean for me?
While the lot is a good size for the street, it's smaller than the typical Meadowood property. This translates to less outdoor maintenance but may mean less privacy or space for additions like a large deck or shed compared to other area homes.
4. Are there any obvious concerns with a home built in 1986?
A 40-year-old home is past its original warranty period, so the roof, major appliances, and systems (furnace, windows) may be nearing or past their typical lifespans. A thorough inspection is advised, though the newer build date is a relative advantage.
5. How can I find out the exact past sale prices?
The provider offers a manual service to email the exact sold price history upon request, as the public data only shows ranges. You can submit your email on the listing page to receive this information.
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