Property score
65.0
Good
Overall 65.0 · Larger and newer than most nearby homes
1,875 sqft (top 3%) · Built in 2004 (26 yrs newer than avg)
Located in a below-average income area with median household income of ~30.2k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby
Living Area
Above average
68% larger than neighborhood avg.
Year Built
Above average
26 yrs newer than neighborhood avg.
Mother tongue
English · 74%French · 8%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
65.0 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: #46110477
$30K
Median household income
$47K
Average household income
44%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.4
P90 / P10 ratio
65%
Single-person households
9%
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
51 Sterling Avenue — 10 amenities found within 500 m, across 8 categories, including 2 dining (nearest 210 m), 1 education (nearest 367 m), 1 healthcare (nearest 90 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 8% | Top 2% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 51 Sterling Avenue, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 2004-built home in Meadowood stands out for its generous proportions, both in the home itself and on the lot. With 1,875 square feet of living space, it offers significantly more room than most homes in the wider area. Its most distinctive feature is the 14,237 square foot lot, which places it in the top 2% of properties citywide for land area, offering exceptional outdoor space and privacy for an urban setting.
The appeal lies in this combination of a modern, spacious home on a large, rare lot. The property's assessed value ranks in the top 1% within Meadowood, indicating it is considered a premium home for the neighbourhood. It suits buyers looking for a move-in ready, newer construction who prioritize expansive yard space for gardening, recreation, or future expansion. It’s an ideal fit for families seeking room to grow or for anyone valuing a sense of openness and land in the city. A less obvious perspective is its appeal to value-conscious buyers seeking a premium lot; while the home is modern, the land itself represents a scarce commodity that is unlikely to be replicated in new developments.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average on Sterling Avenue in all measured categories. Most notably, it has a larger living area and a higher assessed value than most of its immediate neighbours, and its lot is over 2,000 square feet larger than the street average.
2. What does the "Elite" ranking for land area mean?
This means the property's lot size is in the top 2% when compared to all similar residential properties across Winnipeg. It signifies an unusually large and potentially valuable parcel of land for the city.
3. The home sold in 2022. Can I find out the exact price?
The public data shows a sale range. The exact, precise sold price is available by request directly from the listing service. You can submit your email to receive the accurate figure, typically provided by the end of the same day.
4. Is a 2004 build considered "new" for this area?
Yes. The average year built for homes in Meadowood is 1978. At 22 years old (as of 2025), this property is significantly newer than most in the neighbourhood, suggesting modern building standards and likely less immediate need for major system updates.
5. What is the practical benefit of a higher assessed value?
While not a direct market price, a consistently high assessed value relative to the area often reflects the municipality's view of the property's premium attributes (like size, condition, and lot). It can indicate a strong basis for equity and resale value within its market tier.
