507 Novavista Drive

Meadowood, Winnipeg

Property score

75.6

Good

Overall 75.6 · Larger and newer than most nearby homes

1,534 sqft (top 8%) · Built in 1986 (8 yrs newer than avg)

Located in a high-income area with median household income of ~93k

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby

Living Area

Above average

38% larger than neighborhood avg.

Year Built

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 64%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

75.6 is composed by the two sections below.

Property Score

73.6Good
Living Area79
1,534 sqftGood
Year Built78
1986Good
Lot Size46
3,598 sqftLow
Neighbourhood Sales Activity74
Good

Community Score

78.7Good
Household Income82
Excellent
Education Level63
Fair
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: #46110483

Community deep dive

$93K

Median household income

$96K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

21%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)483
Labour force participation rate58%
Median age43.6
Avg household size2.6
Unemployment rate0%
Population density3018 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households21%
Couple families with children28%
Median household income (2020)$93K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority41%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,534 sqft
0255075100
Same streetTop 1%Same areaTop 8%CitywideTop 29%
Same street · Novavista Drive
#2 / 220
Top 1% · Avg 968 sqft
Same area · Meadowood
#139 / 1,668
Top 8% · Avg 1,114 sqft
Citywide · Winnipeg
#55,521 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
369k
0255075100
Same streetTop 20%Same areaBottom 44%CitywideTop 47%
Same street · Novavista Drive
#45 / 220
Top 20% · Avg 333.1k
Same area · Meadowood
#926 / 1,668
Bottom 44% · Avg 375.6k
Citywide · Winnipeg
#91,965 / 194,458
Top 47% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetTop 18%Same areaTop 8%CitywideTop 27%

Lot Size

above average
3,598 sqft
0255075100
Same streetTop 21%Same areaBottom 21%CitywideBottom 20%

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

507 Novavista Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 131 m), 3 parks (nearest 237 m).

Search radius
🏫Education1
🌳Parks3

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

507 Novavista Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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