47 Knightsbridge Drive

Meadowood, Winnipeg

Property score

51.3

Fair

Overall 51.3 · Smaller and older than most nearby homes

809 sqft (bottom 10%) · Built in 1973 (5 yrs older than avg)

Located in a above-average income area with median household income of ~72k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, 3 sports facilitys, and 1 place of worship nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

5 yrs older 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

51.3 is composed by the two sections below.

Property Score

41.4Low
Living Area809 sqft32Low
Year Built197358Fair
Lot Size3,599 sqft46Low
Neighbourhood Sales Activity74Good

Community Score

66.1Good
Household Income72Good
Education Level72Good
Housing Stress42Low
Core Housing Need63Fair
Employment Health52Fair

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

below average
809 sqft
0255075100
Same streetBottom 19%Same areaBottom 10%CitywideBottom 10%
Same street · Knightsbridge Drive
#80 / 99
Bottom 19% · Avg 978 sqft
Same area · Meadowood
#1,508 / 1,668
Bottom 10% · Avg 1,114 sqft
Citywide · Winnipeg
#175,765 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

around average
294k
0255075100
Same streetBottom 42%Same areaBottom 12%CitywideBottom 28%
Same street · Knightsbridge Drive
#57 / 99
Bottom 42% · Avg 315.6k
Same area · Meadowood
#1,471 / 1,668
Bottom 12% · Avg 375.6k
Citywide · Winnipeg
#140,813 / 194,458
Bottom 28% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetTop 36%Same areaBottom 24%CitywideTop 43%

Lot Size

above average
3,599 sqft
0255075100
Same streetTop 23%Same areaBottom 22%CitywideBottom 20%

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

47 Knightsbridge Drive — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 60 m), 1 parks (nearest 243 m).

Search radius
🏫Education1
🌳Parks1
💪Sports3
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 8/2020CA$250k–300k
Sold price

Same street

Bottom 42%

Same area

Bottom 13%

City-wide

Bottom 27%
Sold 11/2017CA$200k–250k
Sold price

Same street

Bottom 19%

Same area

Bottom 5%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 47 Knightsbridge Drive, Winnipeg

Property Overview: 47 Knightsbridge Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 47 Knightsbridge Drive in Meadowood is a practical, no-frills property built in 1973. Its key appeal lies in its position as an affordable entry point into the Winnipeg market, particularly suited for those comfortable with a smaller, efficiently sized home.

The 809 sqft living area is notably compact, ranking in the smaller third of homes on its own street and the broader area. This suggests a home focused on essential living spaces, likely with a straightforward layout. However, it sits on a 3,599 sqft lot, which is above average for Knightsbridge Drive, offering valuable outdoor space relative to its immediate neighbours—a potential perk for gardening, pets, or simple private outdoor living.

With an assessed value significantly below area and city averages, the financial barrier to entry is lower. This combination of a smaller interior on a decent lot creates a specific value proposition: lower ongoing costs (like taxes and utilities) and less maintenance, paired with the upside of land. It would suit first-time buyers, downsizers, or investors seeking a manageable rental property. It’s a home for those who prioritize financial efficiency and land over square footage, and who see potential in a classic 1970s layout that may benefit from personal updates over time.

Section 2: Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value ($29,400) is for municipal tax purposes. Market value is determined by what buyers are willing to pay in the current market, which can be higher, as suggested by its last recorded sale price range.

2. How does the smaller living area impact daily life?
The home is about 25% smaller than the average on its street. This typically means fewer or more compact rooms, limited storage, and a need for efficient space planning. It’s well-suited for individuals, couples, or those comfortable with cozy, minimalist living.

3. What does the lot size being "above average" for the street mean practically?
While the lot is smaller than many in Winnipeg, it’s larger than most on Knightsbridge Drive. This could mean a more generous backyard or side yard compared to the houses directly next to it, offering a relative sense of space and privacy in the immediate context.

4. The home is over 50 years old. What should I consider?
Built in 1973, major systems like roofing, plumbing, electrical, and the foundation should be thoroughly inspected. While it shares the age of many homes in the neighbourhood, its condition and any updates will be key factors in its value and required maintenance.

5. Why do I need to email to get the exact sold price history?
Exact sale prices in Manitoba are not publicly available online. The website provides estimated ranges from data sources but offers to manually share the precise figures from its records upon request, a common practice for accuracy in this market.

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