Property score
57.4
Fair
Overall 57.4 · Smaller but newer than most nearby homes
888 sqft (bottom 16%) · Built in 1985 (7 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
Below average
20% smaller than neighborhood avg.
Year Built
Above average
7 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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57.4 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
467 Novavista Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 179 m), 2 parks (nearest 168 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 42% | Bottom 46% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 467 Novavista Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 888 sqft bungalow, built in 1985, sits on a 3,001 sqft lot in the Meadowood neighbourhood. Its core appeal lies in its relative modernity and manageable scale. Compared to other homes on its street, it is newer than average, which can be a practical advantage for maintenance and systems. However, its living space is notably compact, ranking below average for the street, neighbourhood, and city.
The property’s assessed value is around average for its immediate street, suggesting it is priced consistently within its most direct peer group. This creates a potential opportunity for a buyer seeking a home that is newer than many in Winnipeg, without a premium typically attached to new construction. The lot size, while modest for the broader area, is typical for Novavista Drive, indicating a lower-maintenance yard.
This home would best suit a first-time buyer, downsizer, or investor looking for an efficient, entry-level property in a stable setting. Its appeal is practical rather than luxurious, offering a chance to own a home that is comparatively modern within its context, but with the understanding that space is limited. A thoughtful perspective is that its "below average" size and lot relative to the city translate to lower utility costs and less upkeep, which can be a deliberate lifestyle choice for the right buyer.
Section 2: Frequently Asked Questions
1. How does this home's size compare to its neighbours?
At 888 sqft, the living area is below the average for homes on Novavista Drive (~968 sqft), in the Meadowood area (~1,114 sqft), and across Winnipeg (~1,342 sqft). It is a compact bungalow.
2. Is the assessed value high for the area?
The assessed value of $34,200 is around the average for Novavista Drive itself. It is below the average for the broader Meadowood neighbourhood but around average when compared city-wide.
3. What does the "Top 12%" for Year Built in Meadowood mean?
It means this home, built in 1985, is newer than approximately 88% of comparable properties in the Meadowood area, making it one of the more modern homes in that specific neighbourhood.
4. What was the last sold price?
Public records indicate it sold for between $300,000 and $350,000 in 2021. The exact sale price can be requested directly from the site.
5. What are the key trade-offs of this property?
The primary trade-off is space for modernity. You are acquiring a home that is newer than most in the area, which may mean fewer immediate updates, but with less interior and land area than typical Winnipeg homes. It represents a efficient, lower-maintenance footprint.
