Property score
79.9
Good
Overall 79.9 · Larger and newer than most nearby homes
1,690 sqft (top 5%) · Built in 1981 (3 yrs newer than avg)
Located in a high-income area with median household income of ~94k
Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 2 shops, and 1 park nearby
Living Area
Above average
52% larger than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 59%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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79.9 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” (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: #46110479
$94K
Median household income
$111K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
12%
Single-person households
34%
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
48 Homewood Drive — 9 amenities found within 500 m, across 7 categories, including 2 dining (nearest 305 m), 1 healthcare (nearest 264 m), 2 shopping (nearest 456 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 36% | Top 30% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
48 Homewood Drive presents a compelling opportunity in Winnipeg’s Meadowood neighbourhood. Its primary strength lies in its generous living space, which ranks within the top 5-7% of homes in its immediate area. Built in 1981, it is a relatively newer home for its streetscape and offers an assessed value that is consistently above average across all comparison levels. The lot size is more compact compared to others on Homewood Drive, but is typical for Meadowood overall, suggesting a lower-maintenance yard.
The appeal here is rooted in space and value. You get significantly more interior square footage than most comparable homes nearby, wrapped in a property with a strong assessed valuation. This combination is ideal for buyers who prioritize roominess—such as growing families or those who work from home—over a large garden. It suits a practical buyer looking for a well-sized home in an established neighbourhood without the upkeep of a vast lot. A thoughtful perspective is that its above-average metrics in a mature area like Meadowood could indicate a property that has been maintained or updated over time, offering a move-in-ready canvas.
1. How does the lot size impact the property?
While the lot is smaller than the average on Homewood Drive, it is very typical for the broader Meadowood area. This often translates to less time and money spent on yard maintenance, which can be a benefit for many buyers.
2. What does the "Elite" ranking for living area mean?
This means the home’s interior square footage (1,690 sqft) places it in the top 5% of all similar homes in the Meadowood area. You are getting more indoor space than 95% of comparable properties nearby.
3. The home sold between 2020-2025. Can I find out the exact price?
The precise sold price is not publicly listed. The listing service offers to provide this exact historical sale data manually via email upon request, at no cost and without marketing spam.
4. Is a 1981-built home considered old?
In context, no. It is newer than most homes on its street and in the Meadowood neighbourhood. For Winnipeg overall, its age is very average, suggesting its major systems may be from a more modern era than many peers.
5. How does the assessed value relate to market price?
The assessed value ($463,000) is for municipal tax purposes and is consistently above local averages. While not a direct market appraisal, it is a strong indicator of the property’s relative worth and desirability compared to its neighbours.
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