Property score
61.3
Fair
Overall 61.3 · Smaller and older than most nearby homes
909 sqft (bottom 22%) · Built in 1972 (6 yrs older than avg)
Located in a high-income area with median household income of ~98k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, 2 sports facilitys, and 1 place of worship nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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61.3 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: #46110478
$98K
Median household income
$107K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
19%
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 Knightsbridge Drive — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 110 m), 1 parks (nearest 294 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 19% | Top 48% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 56 Knightsbridge Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 1972 bungalow in Meadowood presents a practical and affordable entry point into the Winnipeg housing market. With 909 square feet of living space on a 3,050 sqft lot, its key characteristic is its relative modesty. The data reveals a home that is consistently "around average" for its immediate street but falls "below average" in size and lot dimensions when compared to the broader Meadowood neighbourhood and the city. This isn't a sprawling property; it's a manageable one.
Its appeal lies in its financial accessibility and lower maintenance footprint. The assessed value is notably below the neighbourhood average, suggesting a potentially lower property tax burden and an attractive price point for budget-conscious buyers. It suits first-time homebuyers, downsizers looking to simplify, or investors seeking a straightforward rental property. A thoughtful perspective is that a home of this size and vintage on a smaller lot often translates to lower utility costs and less time spent on yard work, appealing to those prioritizing efficiency and free time over expansive space.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 909 sqft, the living area is smaller than the average home on its own street (978 sqft) and significantly smaller than the average in the broader Meadowood area (1,114 sqft). It offers compact, efficient living.
2. What does the assessed value tell me about this property?
The assessed value of $30,200 is below the Meadowood average ($37,600), which can indicate a more affordable purchase price and will likely result in lower annual property taxes compared to larger homes in the area.
3. Is the lot size a limitation?
The 3,050 sqft lot is smaller than most in Meadowood. This means less yard maintenance but also less private outdoor space. It's well-suited for those who prefer a low-maintenance lifestyle or who prioritize indoor living.
4. What can recent sale history tell us?
The property sold between $300k-$350k in 2022. This recent sale provides a concrete, modern benchmark for its market value, showing it transacts as an affordable option within the city.
5. Who might this property not be suitable for?
It may not suit buyers looking for ample room for a growing family, those who desire extensive garden space, or anyone seeking a move-in-ready modern home without planning for updates typical of a house built in the 1970s.
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