Property score
56.9
Fair
Overall 56.9 · 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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Near average
3% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
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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56.9 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
466 Meadowood Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 250 m), 3 parks (nearest 179 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਟਾਪ 50% | ਹੇਠਲੇ 13% | ਹੇਠਲੇ 27% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
466 Meadowood Drive presents a unique profile in the Winnipeg market. Built in 1974, this home stands out for its efficient use of space, offering more living area than most comparable homes on its own street. Its appeal lies in being a well-sized, practical home in an established neighbourhood, positioned at a notably lower assessed value than surrounding areas. This creates a distinct value proposition, particularly for buyers who prioritize interior space over a large yard, as the lot is more compact than average.
This property would suit first-time buyers or downsizers looking for a manageable home without a premium price tag. It’s also a practical option for investors seeking a rental property with a lower tax assessment basis. A thoughtful perspective is that while its metrics are below average in the broader area and city, its strong standing within its immediate street suggests it's a solid, above-average home for that specific, likely more affordable, enclave of Meadowood.
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on municipal valuation for tax purposes, which considers many factors including specific property characteristics and neighbourhood benchmarks. Its significantly lower value compared to the city average primarily indicates a more affordable tax base, not necessarily the final market sale price.
2. How does the living area compare to nearby homes?
At 1,080 sqft, the living area is actually larger than the average (964 sqft) for similar homes on Meadowood Drive, ranking in the top 1% on the street. It is competitively sized within the broader Meadowood area as well.
3. What does the sold price history indicate?
The home sold between $250,000 and $300,000 in 2023. This price range placed it around the middle for its street but below the average for the wider Meadowood area, consistent with its overall profile as a value-oriented property.
4. Is the smaller land area a significant drawback?
The lot is 2,699 sqft, which is smaller than most in the neighbourhood and city. This means less exterior maintenance and lower landscaping costs, which can be an advantage for buyers seeking a low-maintenance property, though it offers less private outdoor space.
5. Are the provided comparable listings ("Worth viewing") similar?
The listed comparables, like 457 Meadowood Drive, are useful for seeing alternatives in the same neighbourhood with similar vintage. However, they often have different assessments, living areas, and lot sizes, highlighting that 466 Meadowood Drive offers a specific balance of space and value.
