595 Novavista Drive

Meadowood, Winnipeg

Property score

67.4

Good

Overall 67.4 · Newer than most nearby homes

1,068 sqft (top 48%) · 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

Near average

4% smaller 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)

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

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Property score

67.4 is composed by the two sections below.

Property Score

57.4Fair
Living Area1,068 sqft52Fair
Year Built198678Good
Lot Size3,594 sqft46Low
Neighbourhood Sales Activity74Good

Community Score

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

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: #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.

Rankings

Living Area

above average
1,068 sqft
0255075100
Same streetTop 25%Same areaTop 48%CitywideBottom 35%
Same street · Novavista Drive
#55 / 220
Top 25% · Avg 968 sqft
Same area · Meadowood
#805 / 1,668
Top 48% · Avg 1,114 sqft
Citywide · Winnipeg
#125,489 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
374k
0255075100
Same streetTop 16%Same areaTop 50%CitywideTop 46%
Same street · Novavista Drive
#35 / 220
Top 16% · Avg 333.1k
Same area · Meadowood
#831 / 1,668
Top 50% · Avg 375.6k
Citywide · Winnipeg
#88,864 / 194,458
Top 46% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetTop 18%Same areaTop 8%CitywideTop 27%

Lot Size

above average
3,594 sqft
0255075100
Same streetTop 28%Same areaBottom 20%CitywideBottom 20%

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

595 Novavista Drive — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 434 m), 1 education (nearest 247 m), 2 healthcare (nearest 415 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%

Sales History

Sold 9/2024CA$400k–450k
Sold price

Same street

Top 3%

Same area

Top 11%

City-wide

Top 26%
Sold 9/2022CA$350k–400k
Sold price

Same street

Top 22%

Same area

Top 34%

City-wide

Top 46%
Sold 7/2019CA$300k–350k
Sold price

Same street

Top 38%

Same area

Bottom 49%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 595 Novavista Drive, Winnipeg

Property Overview: 595 Novavista Drive, Winnipeg

Key Characteristics & Appeal

This 1,068 sqft bungalow, built in 1986, presents a solid and practical home in the Meadowood neighbourhood. Its core appeal lies in offering above-average space and a newer construction date compared to most immediate neighbours on Novavista Drive, while being priced accessibly within the broader Winnipeg market.

The home ranks consistently well on its own street, placing in the top 25% for living area and the top 16% for assessed value. This suggests it is a larger and more valuable property within its specific micro-area. For the neighbourhood and city, its metrics are generally around the median, indicating it’s a representative, no-surprises home for the area. A thoughtful perspective is that while the lot size is smaller than many in Meadowood, this can translate to less maintenance, which may appeal to those seeking a manageable yard.

It would suit first-time buyers or downsizers looking for a move-in-ready, single-level living space in a stable, established community. The recent sale history shows steady appreciation, making it a sensible choice for someone seeking a straightforward, value-conscious home without extreme peaks or valleys in its market performance.

Frequently Asked Questions

1. How does this home’s value compare to its recent sale price?
The current assessed value is $37,400, while the home sold in the $400k-$450k range in 2024. This large gap is normal; assessed value for tax purposes typically lags behind and is much lower than actual market value in Winnipeg.

2. Is the lot size a disadvantage?
At 3,594 sqft, the lot is smaller than the Meadowood average. This means less private outdoor space but also reduces yard work and upkeep, which can be a benefit for those preferring low-maintenance living.

3. How does its condition compare to neighbours?
The home was built in 1986, making it newer than 82% of homes in Meadowood and 73% city-wide. This suggests major components like the roof, windows, and foundation may be younger than those in many comparable area homes, potentially implying fewer near-term replacement costs.

4. What does the sale history indicate about the property?
The home has sold three times since 2019, each time at a higher price range. This indicates consistent market demand and appreciation for this specific home, even through varying market conditions.

5. Are the property taxes likely to be high?
No. Despite its market value, the relatively low assessed value of $37,400 directly translates to a lower municipal property tax bill than many homes with a similar sale price, which is a key, less-obvious financial benefit.

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