Property score
59.1
Fair
Overall 59.1 · Compared with neighbourhood average
1,080 sqft (top 39%) · Built in 1974 (4 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, 3 parks, and 1 sports facility nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Below average
4 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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59.1 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
464 Meadowood Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 254 m), 3 parks (nearest 186 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 29% | Bottom 31% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
464 Meadowood Drive presents a well-maintained home built in 1974, offering a practical footprint of 1,080 square feet on a 4,048 square foot lot. Its appeal lies in its strong standing within its immediate street and neighbourhood, particularly offering more living space than most comparable homes on Meadowood Drive. The property suits first-time homebuyers, downsizers, or investors looking for an affordable entry into a stable Winnipeg neighbourhood. It’s a home that prioritizes value and livability over size, ideal for someone who appreciates a manageable property with a lower maintenance burden and tax assessment compared to wider city averages.
A thoughtful perspective: While the home’s city-wide rankings for size and value are modest, its exceptional ranking for living area on its own street suggests it might be one of the more spacious and potentially updated models in that specific built-form. This creates a smart value proposition—enjoying above-average interior space for the block while benefiting from the area’s typically lower assessed values.
1. How does the assessed value affect property taxes?
A lower assessed value, like this home’s $29,100, generally leads to lower municipal property taxes compared to homes with higher assessments in the same city. This is a key factor in its ongoing affordability.
2. What does the "Top 1%" ranking for living area on the street mean?
This indicates that, among the 81 comparable homes on Meadowood Drive, this property has more living area than 99% of them. It is exceptionally spacious for its specific street, which is a significant advantage in an older neighbourhood.
3. Is the lot size a concern?
At just over 4,000 sq. ft., the lot is larger than average for the street but smaller than many in the wider Meadowood area and city. This translates to less yard maintenance, which can be a positive for some, but may limit expansion possibilities or feel cramped for those wanting extensive outdoor space.
4. The home sold between 2022-2025. What can that price tell me?
The reported sale price range of $250k-$300k provides a recent market benchmark. When compared to the current assessed value, it can indicate the relationship between municipal assessment and actual market value, which is useful for understanding potential equity and tax balance.
5. Are homes from 1974 likely to have major issues?
A home of this age is likely to have had major components like the roof, windows, or furnace replaced. The key is to verify the condition and age of these updates. Its "above average" year-built rank for the street suggests it may be slightly newer than many direct neighbours, which can be a minor advantage.
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