Property score
54.0
Fair
Overall 54.0 · Smaller but newer than most nearby homes
687 sqft (bottom 1%) · 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
Below average
38% 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)
624
392.3k
$432/sqft
1978
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54.0 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
647 Novavista Drive — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 394 m), 1 education (nearest 352 m), 2 healthcare (nearest 368 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 24% | Top 36% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 647 Novavista Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 647 Novavista Drive in Meadowood is a compact, efficiently sized property built in 1986. With 687 square feet of living space, it is notably smaller than most homes on its street, in the neighbourhood, and across Winnipeg. This presents a clear opportunity for buyers seeking a lower-maintenance, more affordable entry point into the market. The lot size of 3,553 sqft is generous for the street, offering above-average outdoor space relative to immediate neighbours, which is a valuable asset for gardening or private outdoor living.
The appeal lies in its practicality and position as a potential starter home or downsizing option. Its assessed value is around the average for the street, suggesting it is priced consistently within its micro-area. A key, less obvious perspective is that while the home is small in comparison to broader averages, its newer construction date (ranking in the top 18% on its street and top 8% in Meadowood for year built) implies potentially fewer immediate major maintenance issues compared to older stock. It would best suit first-time buyers, investors looking for a rental property, or empty-nesters seeking to simplify. The recent sale in the 2022-2024 period also provides a relatively current market price benchmark for buyers.
Section 2: Frequently Asked Questions
1. How does the small living area impact value and livability?
While the living area is below average, this is reflected in the home's positioning as an affordable option. It requires efficient use of space and may not suit larger households, but it offers lower utility costs and less upkeep.
2. The assessed value seems low. What does this mean for property taxes?
The assessed value of $30,600 is used for municipal tax calculation. It is around average for Novavista Drive but below the Meadowood average, which could result in proportionately lower property taxes than many area homes.
3. Is the 1986 build date a concern?
Quite the opposite. The 1986 build is newer than most homes on the street and in Meadowood. This often means building materials and systems (like electrical and plumbing) are more modern, potentially reducing the need for near-term upgrades.
4. What can I do with the land size?
At 3,553 sqft, the lot is larger than many on the same street. This provides a good balance of yard space without excessive maintenance. It allows for a deck, garden, or shed, which adds valuable functional space the interior lacks.
5. Where can I see accurate past sale prices?
Exact sold prices are not publicly displayed in detail. The listing indicates a sale occurred between 2022 and 2024 for an estimated CA$350k–400k. You can request the precise sale history by emailing the provided service for a manual, prompt response.
