Property score
82.2
Excellent
Overall 82.2 · Larger and newer than most nearby homes
1,690 sqft (top 5%) · Built in 1981 (3 yrs newer than avg)
Located in a high-income area with median household income of ~94k
Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 2 shops, and 1 park nearby
Living Area
Above average
52% larger than neighborhood avg.
Year Built
Above average
3 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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82.2 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
56 Homewood Drive — 9 amenities found within 500 m, across 7 categories, including 2 dining (nearest 268 m), 1 healthcare (nearest 226 m), 2 shopping (nearest 419 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 7% | Top 3% | Top 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 14% | Top 16% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 56 Homewood Drive, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 56 Homewood Drive stands out for its above-average scale and established presence in the Meadowood neighbourhood. Built in 1981, the property offers a generous 1,690 sqft of living space on a large 8,490 sqft lot, placing it consistently in the top tier compared to neighbouring and city-wide homes. Its appeal lies in offering more space—both indoors and outdoors—than is typical for the area, providing room for family living, gardening, or expansion.
The home’s assessed value ranks in the elite top 4% on its street and top 3% in Meadowood, reflecting its premium positioning relative to local comparables. This isn't just a standard house in the neighbourhood; it's one of the larger, more valuable properties on the block. It would suit buyers looking for a established home in a mature community who prioritize lot size and interior space over a brand-new build. It’s particularly well-matched for those who see value in a property that already outperforms local averages, suggesting a solid foundation for long-term value in a sought-after location.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in Winnipeg?
The data shows this property is above average city-wide in living area, land size, and assessed value. Its most striking advantage is the lot size, which is in the top 10% across the entire city, offering a rarity in urban settings.
2. The home was last sold in 2022. What does that recent sale history indicate?
The 2022 sale price range placed the home in the top 7% on its street and top 3% in Meadowood, confirming its premium status. This recent transaction suggests a stable and strong value perception in the immediate area.
3. As a home from 1981, what should I consider?
While newer than the average Winnipeg home, a 45-year-old property will likely have had updates and will require due diligence on systems like roofing, windows, and plumbing. Its age is actually above average for its specific street and neighbourhood, meaning it fits right in with the character of the area.
4. What is the benefit of such a high assessed value?
A high assessed value relative to neighbours often correlates with a higher market value and can indicate a well-maintained or improved property. However, it's important to note that municipal assessed value is for taxation purposes and should be verified against a current market appraisal.
5. Who are the most logical future buyers for this home?
Given its consistent top-tier rankings on its street, the most likely future buyers would be similar to the current profile: those seeking a spacious, established family home in Meadowood. Its standout lot size also makes it a potential long-term target for those interested in land value.
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.
