Property score
53.8
Fair
Overall 53.8 · Smaller but newer than most nearby homes
706 sqft (bottom 1%) · 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 3 parks nearby
Living Area
Below average
37% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
53.8 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
475 Novavista Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 166 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 30% | Top 43% | Top 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 10% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 475 Novavista Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 475 Novavista Drive in Meadowood is a compact, efficiently sized property built in 1985. Its key characteristic is its modest scale: with 706 sqft of living space on a 3,001 sqft lot, it is notably smaller than most homes in both the wider neighbourhood and the city. This is reflected in its assessed value of $33,500, which is below the area average.
The appeal lies in its affordability and manageability. It represents a lower-cost entry point into the Winnipeg market, ideal for those seeking minimal upkeep and utility costs. The home suits first-time buyers, downsizers looking to simplify, or investors seeking a rental property with a relatively low tax assessment. A less obvious perspective is that its newer construction date (1985) ranks well above average for Meadowood, suggesting potentially fewer immediate major repairs compared to many older area homes. Its size, while small, may offer a unique opportunity for a buyer to maximize the efficient use of space through thoughtful design.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market price?
No. The assessed value of $33,500 is for municipal tax purposes. Recent sold price data suggests the market value is significantly higher, with the home selling between $300k-$350k in 2023.
2. How does the home’s size compare to others?
It is quite compact. At 706 sqft, it is smaller than over 90% of comparable homes on its street, in Meadowood, and across Winnipeg.
3. What does the “Top X%” ranking mean for Year Built?
A ranking in the “Top 12%” for Year Built in Meadowood means this home is newer than 88% of homes in the area. Its 1985 construction is more recent than the neighbourhood average, which can be an advantage.
4. Why is the city-wide average assessed value so high ($390k) in the comparison?
This figure includes all types of properties across Winnipeg. The more relevant comparisons are the local street ($33.3k avg) and Meadowood area ($37.6k avg) averages, where this property aligns more closely.
5. How can I find out the exact historical sold prices?
The provided sold prices are estimated ranges from public data. You can request the exact sold price history by submitting your email via the button on the listing; the service promises a manual reply with accurate figures without using your email for marketing.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
