687 Novavista Drive

Meadowood, Winnipeg

Property score

59.4

Fair

Overall 59.4 · Smaller but newer than most nearby homes

896 sqft (bottom 18%) · Built in 1986 (8 yrs newer than avg)

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

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby

Living Area

Below average

20% 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

59.4 is composed by the two sections below.

Property Score

44.2Low
Living Area896 sqft32Low
Year Built198678Good
Lot Size3,001 sqft38Low
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

around average
896 sqft
0255075100
Same streetBottom 34%Same areaBottom 18%CitywideBottom 16%
Same street · Novavista Drive
#145 / 220
Bottom 34% · Avg 968 sqft
Same area · Meadowood
#1,373 / 1,668
Bottom 18% · Avg 1,114 sqft
Citywide · Winnipeg
#163,345 / 194,458
Bottom 16% · Avg 1,342 sqft

Tax-Assessed Value

around average
330k
0255075100
Same streetBottom 41%Same areaBottom 21%CitywideBottom 39%
Same street · Novavista Drive
#129 / 220
Bottom 41% · Avg 333.1k
Same area · Meadowood
#1,325 / 1,668
Bottom 21% · Avg 375.6k
Citywide · Winnipeg
#118,620 / 194,458
Bottom 39% · Avg 390.1k

Year Built

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

Lot Size

around average
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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

687 Novavista Drive — 13 amenities found within 500 m, across 7 categories, including 2 dining (nearest 386 m), 1 education (nearest 447 m), 2 healthcare (nearest 355 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare2
🛒Shopping1
🌳Parks5
🏦Finance1
Fuel Stations1

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 8/2017CA$250k–300k
Sold price

Same street

Bottom 35%

Same area

Bottom 24%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 687 Novavista Drive, Winnipeg

Property Overview: 687 Novavista Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This 896 sqft bungalow, built in 1986, presents a practical and competitively positioned home in the Meadowood neighbourhood. Its key appeal lies in its relative modernity compared to peers—it ranks in the top 18% for year built on its own street and the top 8% within Meadowood, suggesting newer construction than many surrounding homes. With an assessed value of $330,000, it sits around the average for its immediate area, offering a entry point into a stable, established community.

The home’s footprint is efficient, with a living area below the neighbourhood and city averages, making it a candidate for those seeking manageable upkeep. The lot size of 3,001 sqft is typical for Novavista Drive but smaller than many in wider Meadowood, pointing to a lower-maintenance yard. This property would best suit first-time buyers, downsizers, or pragmatic investors looking for a well-located home without excessive size or premium price. Its strength isn't in standout size or luxury, but in offering a newer-than-average home in its locale at a value-oriented price point.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, a home on this street sold in the 2017-2018 period for an estimated $250,000-$300,000. The current assessed value of $330,000 reflects market changes since then and should be compared with more recent, agent-provided comparable sales for accuracy.

2. Is the smaller living area a concern?
At 896 sqft, the living space is below the Meadowood average. This is a defining characteristic: it translates to lower utility costs and less maintenance, which is ideal for simpler living, but may require creative use of space for some buyers.

3. What does "newer than average" for the area really mean?
Built in 1986, this home is notably newer than many in its surroundings. In Meadowood, it ranks in the top 8% by year built. This can imply updated foundational components (like wiring or plumbing) compared to the area's older housing stock, potentially reducing near-term major repair costs.

4. How does the lot size impact potential for expansion or outdoor use?
The 3,001 sqft lot is standard for Novavista Drive but smaller than the broader neighbourhood average. It provides adequate private outdoor space for gardening or relaxation, but may limit possibilities for large additions or extensive landscaping compared to properties on larger lots in Meadowood.

5. Where can I see more detailed context about this specific location?
A neighbourhood analysis map is available for this property, allowing you to visually compare it with nearby homes based on year built, living area, assessed value, and lot size. This tool provides clearer context than raw data alone.

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.