583 Novavista Drive

Meadowood, Winnipeg

Property score

59.4

Fair

Overall 59.4 · Smaller but newer than most nearby homes

890 sqft (bottom 16%) · Built in 1986 (8 yrs newer than avg)

Located in a high-income area with median household income of ~94k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 1 shop nearby

Living Area

Below average

20% smaller than neighborhood avg.

Taon ng Paggawa

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 66%French · 5%

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

59.4 is composed by the two sections below.

Property Score

44.2Low
Living Area890 sqft32Low
Taon ng Paggawa198678Good
Lupa3,001 sqft38Low
Neighbourhood Sales Activity74Good

Community Score

82.3Excellent
Household Income82Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health60Fair

Istatistika ng benta ng komunidad

Meadowood

How to read: Share of sales in each ~$50k price band for “meadowood” (Detached na bahay (hindi 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: #46110599

Community deep dive

$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

Population, labour & age

Population (2021)685
Labour force participation rate62%
Median age41.6
Avg household size2.6
Unemployment rate8%
Population density3605 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households22%
Couple families with children33%
Median household income (2020)$94K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority35%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 65%
Mother tongue (2nd)French · 5%

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

Mga ranggo

Living Area

karaniwan
890 sqft
0255075100
Same streetBottom 33%Same areaBottom 16%CitywideBottom 16%
Same street · Novavista Drive
#148 / 220
Bottom 33% · Avg 968 sqft
Same area · Meadowood
#1,402 / 1,668
Bottom 16% · Avg 1,114 sqft
Citywide · Winnipeg
#164,231 / 194,458
Bottom 16% · Avg 1,342 sqft

Assessed Value

karaniwan
344k
0255075100
Same streetTop 47%Same areaBottom 28%CitywideBottom 44%
Same street · Novavista Drive
#103 / 220
Top 47% · Avg 333.1k
Same area · Meadowood
#1,203 / 1,668
Bottom 28% · Avg 375.6k
Citywide · Winnipeg
#108,668 / 194,458
Bottom 44% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1986
0255075100
Same streetTop 18%Same areaTop 8%CitywideTop 27%

Lupa

karaniwan
3,001 sqft
0255075100
Same streetBottom 41%Same areaBottom 13%CitywideBottom 11%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

583 Novavista Drive — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 449 m), 1 education (nearest 222 m), 2 healthcare (nearest 432 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare2
🛒Shopping1
🌳Parks3

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%

Kasaysayan ng Benta

Naibenta 6/2021CA$300k–350k
Presyo ng benta

Parehong kalye

Bottom 46%

Parehong lugar

Bottom 36%

Buong lungsod

Bottom 40%

Related homes

Mga tampok at karaniwang tanong: 583 Novavista Drive, Winnipeg

Property Overview: 583 Novavista Drive, Meadowood

Key Characteristics & Appeal

This 890 sqft bungalow, built in 1986, presents a practical and straightforward opportunity in Winnipeg's Meadowood neighborhood. Its primary appeal lies in its relative modernity for the area—it is newer than most homes on its street, in Meadowood, and across the city—which can suggest updated building standards and potentially lower immediate maintenance needs. The home sits on a manageable 3,001 sqft lot, typical for Novavista Drive but smaller than many in the wider area, offering easier yard upkeep.

The property’s assessed value is modest and sits around the average for the city, indicating a stable, entry-level point in the market. A previous sale between $300k-$350k in 2021 provides a recent benchmark. This home would suit first-time buyers seeking a move-in-ready foundation, downsizers looking for a low-maintenance property without the premium of a brand-new build, or practical investors interested in a character-free rental with a solid baseline. Its value is functional rather than aspirational, offering a sensible footprint in a settled community.

Frequently Asked Questions

1. How does this home’s size compare to others?
At 890 sqft, the living area is slightly below average for homes on Novavista Drive and more notably smaller than the typical home in both the broader Meadowood area and Winnipeg overall. This emphasizes its efficiency as a cozy, manageable space.

2. Is the assessed value high or low for Winnipeg?
The assessed value of $34,400 is around the middle range city-wide (ranking in the top 56%). It is slightly below average for the Meadowood neighborhood but average for its immediate street. This positions it as a mid-tier property in terms of municipal valuation.

3. What does the "year built" ranking mean?
Built in 1986, this home is newer than 82% of homes on its street, 92% in Meadowood, and 73% city-wide. This is a significant characteristic, suggesting it may have features, wiring, or insulation standards from a more modern era compared to many of its peers.

4. How can I find out the exact past sale price?
The displayed sale price is a range from public data. To obtain the exact sale price from the 2021 transaction, you can submit your email via the request form on the page. The service is manual but provided without marketing spam.

5. What are the best ways to compare this property to its neighbors?
For a detailed visual comparison of lot size, year built, value, and living area among nearby houses, use the provided link to open the interactive neighborhood map analysis. This allows you to see the property in context rather than just by the numbers.

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.