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 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, 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
627 Novavista Drive — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 404 m), 1 education (nearest 317 m), 2 healthcare (nearest 380 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 33% | Top 45% | Bottom 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home in Meadowood offers a practical and well-maintained living space. Its key appeal lies in a combination of above-average living space for the area and a recently renovated basement, adding valuable finished square footage. With 1,231 sqft of living area, it ranks in the top tier for size on its street and within the neighbourhood. The home sits on a good-sized 3,001 sqft lot and, being built in 1986, is newer than most houses in the immediate vicinity. A notable point is that its current assessed value is closely aligned with its last sale price from 2021, suggesting stable market recognition.
The property would suit first-time buyers or downsizers looking for a move-in ready home with modernized lower-level space, without the premium price of a brand-new build. Its practical layout and established location also make it a sensible choice for investors seeking a stable rental property in a mature neighbourhood. A less obvious perspective is its potential for buyers who prioritize interior space over garage parking, as the property does not include a garage.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 3,001 sqft, the land area is larger than over half the lots on the same street, offering decent outdoor space for a mature neighbourhood.
2. Is the basement renovation reflected in the assessed value?
The assessed value is currently very close to the 2021 sale price. While renovations can add value, official assessments often lag behind recent upgrades, so the renovation may represent added value not fully captured in the tax assessment.
3. What does the "newer than most" ranking mean for maintenance?
Built in 1986, the home is newer than approximately 86% of houses on its street. This can suggest major components like the roof or windows may have more recent updates or longer remaining lifespans than older peers, but specific inspections are still essential.
4. How does the living space compare to nearby reference properties?
At 1,231 sqft, it offers significantly more living area than several listed comparable homes in the $30k-$40k assessed value range, which often fall between 737-1,070 sqft.
5. Is the lack of a garage a common feature for homes like this?
While some comparable properties do have garages, many in this price and assessment range do not. The value proposition here is directed more toward interior living space and the renovated basement rather than covered parking.
