Property score
63.3
Fair
Overall 63.3 · Compared with neighbourhood average
988 sqft (bottom 37%) · Built in 1975 (3 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Near average
3 yrs older 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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63.3 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 Willowmeade Crescent — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 328 m), 1 healthcare (nearest 378 m), 1 shopping (nearest 399 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 30% | Top 24% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1975 bungalow at 54 Willowmeade Crescent in Meadowood presents a practical and straightforward homeownership opportunity. With 988 square feet of living space on a 5,497 sqft lot, its key metrics are consistently average or better within its immediate neighbourhood and street. The home last sold in the $350k-$400k range in 2022. Its core appeal lies in its stability and predictability—it’s a home that aligns closely with the established norms of its well-regarded Crescent, offering little in the way of surprises, for better or worse. It would suit a first-time buyer or downsizer looking for a manageable, no-fuss property in a mature neighbourhood, or an investor seeking a reliable rental with proven value history.
A less obvious point of appeal is its "vintage consistency." While the 1975 build date is common in Meadowood, data shows this specific home is the newest house on Willowmeade Crescent. This suggests potentially fewer age-related issues compared to direct neighbours and could indicate original components (like roofing or windows) were updated later than others on the street.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is consistently average to above-average for the street in key categories. It has the newest build year (1975) on the Crescent, an average-sized lot, and its assessed value is in the top third of the 44 homes on Willowmeade.
2. Is the price fair based on its history?
The home sold for an estimated $350,000-$400,000 in 2022. Its current assessed value is $38,700. Market conditions have shifted since 2022, so a direct comparison is difficult, but the past sale provides a concrete benchmark for recent value.
3. What is the neighbourhood like?
Meadowood is a mature, established neighbourhood. The property data shows homes here are very consistent in age, size, and value, suggesting a stable, uniform community character without extreme highs or lows.
4. Is the living space smaller than average?
At 988 sqft, it is slightly below the city-wide average but is quite typical for Meadowood and is actually very close to the average (1,028 sqft) for Willowmeade Crescent itself. It represents a more compact, efficient floor plan.
5. Why is the assessed value so much lower than the past sale price?
In Manitoba, the assessed value (here $38,700) is not an indicator of market value. It is a figure used for municipal tax calculation. The market value is better reflected by the 2022 sold price range of $350k-$400k and current comparable listings.
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