Property score
72.4
Good
Overall 72.4 · Larger and newer than most nearby homes
1,230 sqft (top 24%) · Built in 1986 (8 yrs newer than avg)
Located in a high-income area with median household income of ~94k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 3 parks nearby
Living Area
Above average
10% larger than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 66%French · 5%
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
72.4 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” (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: #46110599
$94K
Median household income
$108K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
22%
Single-person households
33%
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
547 Novavista Drive — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 158 m), 1 healthcare (nearest 488 m), 1 shopping (nearest 468 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 24% | Top 36% | Top 46% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 42% | Bottom 46% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 547 Novavista Drive, Winnipeg
Key Characteristics & Appeal
This 1,230 sqft home, built in 1986, presents a solid, above-average offering within its immediate neighbourhood of Meadowood. Its primary appeal lies in its efficient use of space; the living area ranks in the top 12% on its own street and top 24% in Meadowood, meaning it offers more interior room than most comparable local homes. This makes it a practical choice for small families, first-time buyers, or those looking to downsize without sacrificing too much living space.
The home sits on a 3,598 sqft lot, which is generous for Novavista Drive but smaller than the broader area average. This suggests a lower-maintenance yard, appealing to those who want outdoor space without extensive upkeep. The assessed value is modest relative to the city-wide average, potentially indicating a manageable property tax burden. Recent sale history shows steady value appreciation, with the last sale in 2021 positioned in the top quarter for the street.
A thoughtful perspective is that this property represents a "sweet spot" in its micro-market. It outperforms its direct neighbours in key metrics like size and modern build year, offering a relative premium on a street-level scale, while remaining an affordable and average option within the wider city context. It would suit a value-conscious buyer looking for a well-sized home in a settled neighbourhood, who prioritizes interior space over a large lot.
Frequently Asked Questions
1. How does this home's size truly compare to others?
At 1,230 sqft, this home is notably larger than the average on Novavista Drive (~968 sqft) and in the Meadowood area (~1,114 sqft). It offers more interior space than roughly 75% of similar homes in the neighbourhood.
2. Is the assessed value the same as the market price?
No. The assessed value of $36,100 is for municipal tax purposes. The market price is determined by recent sales, like the 2021 sale in the $350k-$400k range. The two figures are calculated differently and should not be used interchangeably.
3. What does the lot size ranking mean for me?
The lot is above average for the street but below average for Meadowood and Winnipeg overall. This typically translates to a manageable yard with less maintenance than a larger lot, but may limit expansion possibilities or extensive landscaping.
4. The home was built in 1986. What should I consider?
A home of this age is likely to have seen updates to major systems like roofing, windows, or heating. It falls in a newer tier compared to many city homes, but a thorough inspection is recommended to understand the condition and potential need for modernizations.
5. How can I get the exact historical sale prices?
The exact sold prices are not publicly displayed due to data privacy. You can request them by email via the button on the property page. The service provides the accurate figures manually and does not use your email for marketing.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
