55 Sterling Avenue

Meadowood, Winnipeg

Property score

59.8

Fair

Overall 59.8 · Larger and newer than most nearby homes

1,474 sqft (top 10%) · 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

32% 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)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

59.8 is composed by the two sections below.

Property Score

80.6Excellent
Living Area1,474 sqft75Good
Year Built200487Excellent
Lot Size10,804 sqft97Excellent
Neighbourhood Sales Activity74Good

Community Score

28.6Low
Household Income20Low
Education Level34Low
Housing Stress52Fair
Core Housing Need38Low
Employment Health28Low

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: #46110477

Community deep dive

$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

Population, labour & age

Population (2021)528
Labour force participation rate41%
Median age58.0
Avg household size1.7
Unemployment rate18%
Population density1427 / km²

Households & income

Low income (LIM-AT, % pop.)44%
Single-person households65%
Couple families with children9%
Median household income (2020)$30K

Housing

Renter households78%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority11%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 74%
Mother tongue (2nd)French · 7%

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

Rankings

Living Area

above average
1,474 sqft
0255075100
Same streetTop 33%Same areaTop 10%CitywideTop 32%
Same street · Sterling Avenue
#33 / 101
Top 33% · Avg 1,380 sqft
Same area · Meadowood
#164 / 1,668
Top 10% · Avg 1,114 sqft
Citywide · Winnipeg
#62,318 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

Elite
549k
0255075100
Same streetTop 12%Same areaTop 2%CitywideTop 13%
Same street · Sterling Avenue
#12 / 101
Top 12% · Avg 438k
Same area · Meadowood
#32 / 1,668
Top 2% · Avg 375.6k
Citywide · Winnipeg
#24,928 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2004
0255075100
Same streetTop 11%Same areaTop 5%CitywideTop 15%

Lot Size

Elite
10,804 sqft
0255075100
Same streetBottom 41%Same areaTop 5%CitywideTop 5%

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

55 Sterling Avenue — 9 amenities found within 500 m, across 7 categories, including 2 dining (nearest 237 m), 1 education (nearest 347 m), 1 healthcare (nearest 117 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🛒Shopping2
💪Sports1
Fuel Stations1
🏛️Government1

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

Sold 11/2022CA$500k–550k
Sold price

Same street

Top 18%

Same area

Top 3%

City-wide

Top 15%
Sold 2/2019CA$400k–450k
Sold price

Same street

Top 31%

Same area

Top 13%

City-wide

Top 27%

Related homes

Highlights & common questions: 55 Sterling Avenue, Winnipeg

Property Overview & Key Characteristics

This home at 55 Sterling Avenue in Meadowood presents a compelling blend of space, modernity, and value. Built in 2004, it is a notably newer property compared to most in its neighbourhood and across Winnipeg, placing it in the top 5% for year-built in Meadowood. This suggests less immediate need for major system updates and potentially more contemporary layouts.

Its primary appeal lies in the combination of a generous 10,804 sqft lot—which ranks in the elite top 5% both for the area and city-wide—and comfortable 1,474 sqft of living space. While the house size is above average for Meadowood, the true standout is the land. The property offers significant outdoor space, a rarity in modern subdivisions. The assessed value is consistently strong, ranking in the top 2% for the area, indicating it is a high-value asset within its immediate market.

This property would suit buyers looking for a modern home on a large, private lot without moving to a remote suburb. It’s ideal for those who value outdoor room for gardening, recreation, or future expansion. The strong assessment history also makes it a sensible choice for value-conscious buyers seeking a home with proven stability in its peer group.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is exceptionally large. At 10,804 sqft, it is nearly double the average lot size in the Meadowood area and ranks in the top 5% city-wide, offering substantial outdoor space.

2. What does the "Elite" ranking for Year Built mean?
Built in 2004, this home is significantly newer than most. It ranks in the top 5% for its neighbourhood, where the average home was built around 1978. This typically translates to newer construction materials, wiring, plumbing, and building codes.

3. The last sold price is shown as a range. How can I get the exact figure?
The exact sold price is available upon request. You can provide your email using the form on the page, and the precise historical sale data will be sent to you manually, with no marketing spam.

4. The assessed value seems low. Is that accurate?
The assessed value shown (e.g., $54.90k) is likely the land assessment portion only, not the total property assessment. The context indicates it ranks highly compared to averages (like $37.60k in Meadowood), confirming it's a high-value property. Total market value would be significantly higher, as reflected in the recent sold price range.

5. What is the immediate neighbourhood like?
The listing shows several nearby properties on Sterling Avenue, suggesting a well-established, mature street. The detailed neighbourhood analysis map can provide deeper insight into the mix of home ages, sizes, and values directly surrounding this property.

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