Property score
55.8
Fair
Overall 55.8 · Smaller but newer than most nearby homes
702 sqft (bottom 1%) · 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: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
37% 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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55.8 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
695 Novavista Drive — 13 amenities found within 500 m, across 7 categories, including 2 dining (nearest 388 m), 1 education (nearest 467 m), 2 healthcare (nearest 352 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 10% | Top 19% | Top 34% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 34% | Top 48% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 695 Novavista Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 695 Novavista Drive in Meadowood is a compact, efficiently sized property built in 1986. With 702 square feet of living space on a 3,001 sqft lot, it is notably smaller than most homes in its area and across Winnipeg. Its assessed value of $290,000 is below average for the city, reflecting its scale.
The primary appeal lies in its position as a more accessible entry point into the Winnipeg market. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property with a relatively newer build date compared to many city homes. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less upkeep, offering a simpler lifestyle. While the lot is modest for the neighbourhood, it is reasonably sized for its street, suggesting a balanced outdoor space without excessive maintenance. Recent sale prices indicate strong demand, with the 2025 sale placing it in the top 10% of its street for sold price, hinting at a competitive niche for well-priced, compact homes.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. At 702 sqft, the living area is significantly below the average for Meadowood (1,114 sqft) and Winnipeg overall (1,342 sqft). It is designed for efficient living.
2. Why is the assessed value different from the recent sale price?
The assessed value ($290k) is for municipal tax purposes. The reported sale price range for 2025 ($350k-$400k) is the market value, determined by what a buyer recently paid. Market value often exceeds assessed value in active markets.
3. How does the lot size compare?
The lot is 3,001 sqft. It is near the average for Novavista Drive but smaller than the typical lot in the broader Meadowood area, making it more manageable.
4. Is a 1986-built home considered old?
Not in this context. For its street, neighbourhood, and especially city-wide, this home is newer than most. In Winnipeg, where many homes are older, a 1986 build can mean more modern construction standards and potentially fewer major aging component concerns.
5. Where can I see more detailed comparisons with nearby homes?
You can use the provided link to open a neighbourhood map analysis, which visually compares this property with neighbours on factors like year built, living area, and lot size. For exact historical sold prices, you can request the information via email.
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