58.5
Fair
Property score
58.5
Fair
Overall 58.5
Older than most nearby homes
1,080 sqft (top 39%)
Built in 1973 (5 yrs older than avg)
Located in a above-average income area
with median household income of ~72k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, 1 park, 1 sports facility, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
3% 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)
624
392.3k
$432/sqft
1978
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58.5 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: #46110597
$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
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
5 Knightsbridge Drive — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 157 m), 1 parks (nearest 135 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 47% | Bottom 26% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
5 Knightsbridge Drive is a well-situated home in Winnipeg's Meadowood neighbourhood. Built in 1973, it presents a practical opportunity with a distinct profile shaped by its specific street and community context.
This 1,080 sqft home stands out on its own street for its above-average living space and a lot size that is also larger than many neighbours'. This suggests a home that offers good interior room and decent outdoor space relative to its immediate surroundings. Its primary appeal lies in this local advantage, offering more house and yard than is typical for Knightsbridge Drive.
However, the context shifts when viewed against the broader Meadowood area and the city. The home's assessed value is notably below average for both the neighbourhood and the street itself. This combination—more space on the street paired with a lower valuation—creates an interesting value proposition. It could indicate an opportunity for a buyer comfortable with a home that may require updates, positioning it as a potential value-add project or an affordable entry into the area.
The home would suit a first-time buyer or practical investor looking for solid fundamentals in a established neighbourhood. It's for someone who values space on their specific block and sees potential in a property that is competitively positioned on its street but priced below area averages. The last sale occurred between 2022 and 2025 in the $250k-$300k range.
1. Why is the assessed value below average for the street and neighbourhood?
While the exact reasons aren't specified, a below-average assessment can sometimes relate to the home's condition, specific features, or modernization level compared to peers. It's a key point to investigate during a viewing and with a professional inspection.
2. How does the living area compare practically?
At 1,080 sqft, the home offers more space than the average house on Knightsbridge Drive (~978 sqft). It's slightly below the Meadowood average but provides a comfortable size for a small family or couple.
3. What does the lot size mean for me?
The 3,599 sqft lot is above average for the street, meaning more private outdoor space than many direct neighbours. However, it is smaller than the typical lot in the wider Meadowood area, so expectations should be set for a manageable yard rather than an expansive one.
4. The home was built in 1973. What should I consider?
Homes from this era may have original components, like windows, roofing, or electrical systems, that are nearing or past their typical lifespan. This underscores the importance of a thorough inspection to budget for any necessary maintenance or updates.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. You can obtain the exact historical sale price by requesting it via email from the listing source, which provides this detail manually without marketing spam.
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