Property score
71.7
Good
Overall 71.7 · Larger and newer than most nearby homes
1,231 sqft (top 24%) · Built in 1986 (8 yrs newer than avg)
Located in a high-income area with median household income of ~94k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Above average
11% 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
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71.7 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
563 Novavista Drive — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 476 m), 1 education (nearest 184 m), 1 healthcare (nearest 462 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 | Bottom 38% | Bottom 26% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 563 Novavista Drive, Meadowood, Winnipeg
Key Characteristics & Appeal
This 1,231 sqft bungalow, built in 1986, presents a practical and efficient living space in the established Meadowood neighbourhood. Its primary appeal lies in offering above-average interior space for its immediate area—it ranks in the top 9% of homes on Novavista Drive for living area—while maintaining a manageable scale. The home sits on a 3,001 sqft lot, which is typical for its street but smaller than many lots in wider Meadowood and across Winnipeg. This combination suggests a property that prioritizes home size over expansive yard space, ideal for those seeking low-maintenance outdoor areas.
The assessed value is notably below the neighbourhood average, which could indicate a different valuation approach or present a value opportunity for buyers. A thoughtful perspective is that this home, being newer than most in Meadowood (top 8% for year built), may benefit from more modern construction standards than older area homes, potentially translating to fewer immediate major repairs. It would suit first-time buyers, downsizers, or practical investors looking for a solid, move-in-ready home in a mature community without the upkeep of a large lot. Its last known sale was between 2016-2025 in the $250k-$300k range.
Frequently Asked Questions
1. Is the smaller lot size a disadvantage?
It depends on your lifestyle. While the lot is smaller than the Meadowood average, it is consistent with others on Novavista Drive. This typically means less yard maintenance, which can be a benefit for those seeking a simpler outdoor space or with less time for upkeep.
2. Why is the assessed value below the neighbourhood average?
Assessed values are for municipal tax purposes and are influenced by many factors, including specific home features, condition, and recent sales on the street. A below-average assessment doesn’t necessarily reflect market value, but it can sometimes indicate a relatively lower property tax burden compared to similar-sized homes in the area.
3. What does the "above average" living area ranking mean practically?
It means that for its specific street and the Meadowood area, this home offers more interior space than most comparable properties. You are getting a home that is larger than about 76% of homes in Meadowood, which is a significant advantage if space is a priority.
4. How can I find out the exact historical sale price?
The exact sold prices are not published publicly in full detail. The listing service offers to provide the precise sale history via email upon request, which they handle manually.
5. What are the implications of the home being built in 1986?
Built 40 years ago, this home is newer than the majority in Winnipeg. This often means construction methods and materials (like wiring and plumbing) are more modern than those found in mid-century homes, potentially reducing the likelihood of some costly, age-related updates. However, a home of this age would still benefit from a thorough inspection to assess the condition of major components like the roof, windows, and heating system.
