Property score
63.4
Fair
Overall 63.4 · Older than most nearby homes
1,040 sqft (top 50%) · Built in 1973 (5 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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Near average
7% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
5 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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63.4 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
503 Woodydell Avenue — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 97 m), 1 shopping (nearest 386 m), 5 parks (nearest 221 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਟਾਪ 4% | ਟਾਪ 8% | ਟਾਪ 22% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview & Key Characteristics
This home at 503 Woodydell Avenue in Winnipeg's Meadowood neighbourhood presents a practical and value-conscious opportunity. Built in 1973, its 1,040 sqft living space is notably above average for its immediate street, offering more room than many direct neighbours. The 5,200 sqft lot is standard for the area. A key point of appeal is its recent sale in 2025 within the $450k-$500k range, a price that ranks highly compared to local and city-wide averages, suggesting strong market interest. The assessed value, however, is comparatively modest, which may indicate potential for future valuation adjustments.
Its primary appeal lies in its position as a well-sized, established home on a quiet street within a mature neighbourhood. It suits first-time buyers seeking a solid starter home with ample space, or practical investors attracted by the neighbourhood's stability and the evident market activity. A thoughtful perspective is that while the home is newer than many on its street, its assessed value hasn't yet caught up to its recent sale price, which could be a point of discussion regarding property taxes and long-term equity.
Frequently Asked Questions
1. How does the recent sale price compare to the assessed value?
The home sold for an estimated $450k-$500k in 2025, which is significantly higher than its current assessed value of $35,700. This is common and indicates strong market demand, but buyers should be aware that assessed values for taxation purposes may be adjusted in the future.
2. Is the living space considered large for the area?
Yes. With 1,040 sqft, this home ranks in the top 27% on its own street for living area, meaning it offers more interior space than most comparable homes directly around it.
3. What does the "Year Built" ranking tell me?
Built in 1973, this home is newer than about 74% of similar homes in the broader Meadowood area. On its specific street, however, it ranks as older than average. This suggests the immediate block is comprised of very well-established homes.
4. Who might this property not suit?
It may not suit buyers seeking a brand-new build or a very large lot, as it is a 53-year-old home with a standard-sized yard. Those looking for a project with major renovation upside might also find the recent sale at a premium price limits immediate equity gains from cosmetic updates alone.
5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed. You can request it directly via the provided email form on the listing page. The service manually provides this detail, typically by the end of the same day, without using your email for marketing.
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