50 Sterling Avenue

Meadowood, Winnipeg

Property score

89.8

Excellent

Overall 89.8 · Larger and newer than most nearby homes

2,697 sqft (top 1%) · Built in 2005 (27 yrs newer than avg)

Located in a high-income area with median household income of ~94k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby

Living Area

Above average

142% larger than neighborhood avg.

Year Built

Above average

27 yrs newer than neighborhood avg.

Mother tongue

English · 59%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

89.8 is composed by the two sections below.

Property Score

94.6Excellent
Living Area98
2,697 sqftExcellent
Year Built87
2005Excellent
Lot Size98
14,614 sqftExcellent
Neighbourhood Sales Activity74
Good

Community Score

82.5Excellent
Household Income82
Excellent
Education Level82
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110479

Community deep dive

$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

Population, labour & age

Population (2021)439
Labour force participation rate67%
Median age43.6
Avg household size2.7
Unemployment rate9%
Population density2438 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households12%
Couple families with children34%
Median household income (2020)$94K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority35%
Bachelor's or higher (25–64)43%
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

Elite
2,697 sqft
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 2%
Same street · Sterling Avenue
#3 / 101
Top 3% · Avg 1,380 sqft
Same area · Meadowood
#5 / 1,668
Top 1% · Avg 1,114 sqft
Citywide · Winnipeg
#3,605 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
702k
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 4%
Same street · Sterling Avenue
#3 / 101
Top 3% · Avg 438k
Same area · Meadowood
#8 / 1,668
Top 1% · Avg 375.6k
Citywide · Winnipeg
#7,442 / 194,458
Top 4% · Avg 390.1k

Year Built

Elite
2005
0255075100
Same streetTop 9%Same areaTop 5%CitywideTop 15%

Lot Size

Elite
14,614 sqft
0255075100
Same streetTop 24%Same areaTop 2%CitywideTop 2%

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

50 Sterling Avenue — 10 amenities found within 500 m, across 8 categories, including 2 dining (nearest 177 m), 1 education (nearest 406 m), 1 healthcare (nearest 62 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🛒Shopping2
🌳Parks1
💪Sports1
Fuel Stations1
🏛️Government1

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 6/2021CA$600k–650k
Sold price

Same street

Top 5%

Same area

Top 1%

City-wide

Top 6%

Related homes

Highlights & common questions: 50 Sterling Avenue, Winnipeg

Property Overview: 50 Sterling Avenue, Meadowood, Winnipeg

Key Characteristics & Appeal

This home at 50 Sterling Avenue stands out for its substantial size and modern age within its community. Built in 2005, it is a notably newer construction compared to most homes in the Meadowood area and across Winnipeg. Its primary appeal lies in its generous scale: with approximately 2,697 square feet of living space, it ranks within the top 3% of homes on its street and the top 1% within the broader Meadowood area. This is complemented by a large, private lot of over 14,600 square feet, which is more than double the average lot size for the neighbourhood and places it in the top 2% citywide.

The home’s assessed value is positioned in the top tier locally, yet it presents an interesting value perspective when viewed against the city-wide average for homes of similar assessment. It last sold in the 2021-2022 period. The combination of ample interior space, a large outdoor area, and relatively modern construction reduces the immediate need for major updates, offering a move-in-ready canvas.

This property would ideally suit buyers looking for a established family home with room to grow, who value privacy and outdoor space without moving to a rural setting. It also appeals to those seeking a modern home in a mature neighbourhood, offering the best of both worlds: a newer build with settled, green surroundings. A less obvious angle is its appeal to value-conscious buyers comparing city-wide metrics; the lot and living space offered here at its assessed value can represent a different kind of premium compared to newer suburban developments.

Frequently Asked Questions

1. How does the assessed value compare to the last sale price?
The home was last sold between CA$600k–650k in 2021. Its current assessed value is $70,200. It is important to consult with a real estate professional for a current market valuation, as assessed value for tax purposes and market value can differ.

2. What does the "Elite" ranking mean for living area?
The "Elite" ranking indicates the home's living area is larger than approximately 97% of comparable homes on its street and 99% of those in the Meadowood area. This means it offers significantly more interior space than most properties in its immediate and local market.

3. Is a 2005-built home considered old in this neighbourhood?
No, quite the opposite. With an average build year on the street around 1973 and in Meadowood around 1978, this 2005 home is among the newest. It is in the top 9% newest on its street and top 5% in the area, suggesting more modern construction standards and systems.

4. What is the significance of such a large lot?
The 14,614 sqft lot is a key feature, offering exceptional outdoor space for gardens, recreation, or expansion. It is more than 2.5 times the average lot size in Meadowood, providing a level of privacy and scope rare for the neighbourhood.

5. How can I get the exact historical sold price?
The precise sold price is not publicly displayed due to data regulations. You can request the exact history by email via the "Get exact sold price history" button on the listing page. The service is manual but typically provided by the end of the same business day, without marketing spam.