Property score
52.6
Fair
Overall 52.6 · Smaller and older than most nearby homes
720 sqft (bottom 3%) · Built in 1972 (6 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 shop, 5 parks, and 1 sports facility nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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52.6 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: #46110598
$97K
Median household income
$94K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
21%
Single-person households
31%
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
479 Woodydell Avenue — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 189 m), 1 shopping (nearest 410 m), 5 parks (nearest 136 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 | Bottom 40% | Bottom 44% | Bottom 43% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 34% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 479 Woodydell Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 479 Woodydell Avenue in Meadowood is defined by its compact efficiency and value-focused positioning. Built in 1972, it sits on a roughly 5,200 sqft lot, which is a standard size for the area. The primary characteristic is its modest 720 sqft living area, which is notably smaller than most homes on its street, in Meadowood, and across Winnipeg. This results in a correspondingly lower assessed value, making it one of the more accessible entry points into the market.
The appeal lies squarely in its affordability and low-maintenance potential. It suits first-time buyers or investors seeking a straightforward property with lower upfront and ongoing tax costs. The lot size offers room for gardening or outdoor space, a relative advantage given the smaller interior. A thoughtful perspective is that this property represents a practical "foot in the door" of homeownership, where the value may be found in the land and location more than the current structure, presenting a clear canvas for future renovation or expansion for the right buyer.
Section 2: Frequently Asked Questions
1. Why is the living area significantly smaller than the neighbourhood average?
This is a compact, likely bungalow-style home built in the early 1970s. Its floor plan is designed for efficiency, placing it among the smallest homes in the Meadowood area, which contributes directly to its lower price point.
2. How does the assessed value compare, and what does it mean for property taxes?
The assessed value is below average for the immediate street and neighbourhood but is around the middle range compared to the entire city. This typically translates to lower-than-average property taxes relative to most homes in Winnipeg, which is a key financial consideration.
3. What is the history of sale prices for this home?
Public records indicate it sold within the $300k-$350k range in both 2017 and 2019. For the exact historical sale prices, you can request the information directly via the provided email service.
4. Is the lot size a redeeming feature?
Yes. While the home is compact, the 5,200 sqft lot is standard for the area and is actually slightly larger than some nearby lots. This provides a good balance of outdoor space without excessive yard maintenance.
5. Who would this property not be well-suited for?
It may not suit buyers requiring substantial indoor living space, multiple bedrooms, or those not interested in a project home. Its appeal is targeted towards those prioritizing budget and location over square footage in its current condition.
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