Property score
91.7
Excellent
Overall 91.7 · Larger and newer than most nearby homes
3,321 sqft (top 1%) · Built in 2016 (38 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
198% larger than neighborhood avg.
Year Built
Above average
38 yrs newer than neighborhood avg.
Mother tongue
English · 59%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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91.7 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: #46110479
$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
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
54 Sterling Avenue — 10 amenities found within 500 m, across 8 categories, including 2 dining (nearest 166 m), 1 education (nearest 431 m), 1 healthcare (nearest 64 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 3% | Top 1% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 54 Sterling Avenue in Winnipeg's Meadowood neighbourhood stands out for its substantial size and modern construction on a large lot. Built in 2016, its 3,321 sqft of living space is exceptionally large, ranking in the top 1-2% compared to both the immediate area and the entire city. The lot size of over 12,000 sqft is also a major asset, placing it in the top 4% of Meadowood, offering significant outdoor space that is rare for newer builds. Its assessed value is notably high for its street and neighbourhood, reflecting these premium characteristics.
The appeal lies in acquiring a relatively modern, low-maintenance home without sacrificing space, offering the roominess of an older estate but with contemporary building standards and efficiency. It suits buyers looking for a true "move-in-ready" family home with ample room to grow, entertain, or simply enjoy privacy. It would particularly resonate with those who value a large yard in a suburban setting but want to avoid the potential upkeep or renovation projects of an older, similarly sized property. A less obvious perspective is its potential for energy efficiency and lower immediate repair costs due to its age, which can be a significant long-term value in a home of this scale.
Frequently Asked Questions
1. Why is the assessed value so much lower than the last sold price?
Property assessments in Manitoba for tax purposes are often significantly lower than market value. The assessed value is not an indicator of current market price but is used to calculate property taxes relative to other homes.
2. What does the "Elite" ranking mean for lot size in Meadowood?
It means this property's lot is in the top 4% of the neighbourhood by size. While the lot is average for Sterling Avenue, it is much larger than the typical lot in Meadowood, offering more privacy and outdoor space than most nearby homes.
3. Is a 2016-built home considered "new" in this context?
Yes. The data shows the average home in this area was built in the 1970s. A 2016 build is in the top 3-4% for year built locally, meaning it is one of the newest homes available and likely has modern building codes, materials, and systems.
4. How should I interpret the sold price range from 2021?
The range (CA$700k–750k) is an estimate based on public data. To get the exact historical sale price, you must request it directly from the source providing this data, as they manually verify official records.
5. The living area is large, but how does the layout function for daily life?
While the total square footage is specified, viewing the property or its floor plan is essential. The efficient use of space in a newer build can be different from an older home with the same footage, often featuring more open-concept living areas and modern room proportions.
