Property score
56.6
Fair
Overall 56.6 · Larger and newer than most nearby homes
1,272 sqft (top 19%) · Built in 2005 (27 yrs newer than avg)
Located in a below-average income area with median household income of ~30.2k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby
Living Area
Above average
14% larger than neighborhood avg.
Year Built
Above average
27 yrs newer than neighborhood avg.
Mother tongue
English · 74%French · 8%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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56.6 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: #46110477
$30K
Median household income
$47K
Average household income
44%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.4
P90 / P10 ratio
65%
Single-person households
9%
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
71 Sterling Avenue — 10 amenities found within 500 m, across 8 categories, including 2 dining (nearest 280 m), 1 education (nearest 360 m), 1 healthcare (nearest 169 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 21% | Top 4% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
71 Sterling Avenue presents a compelling mix of modern convenience and generous outdoor space in Winnipeg's Meadowood neighborhood. Its key appeal lies in its relative newness, being built in 2005, which places it among the newest 5% of homes in the local area. This suggests updated building systems and potentially lower immediate maintenance. The standout feature is the large 10,679 sqft lot, which ranks in the top 5% both for Meadowood and city-wide, offering significant private outdoor space that is increasingly rare.
The home’s assessed value is notably strong, ranking in the top 3% for the area, indicating official recognition of its above-average worth. While the living area is modest compared to others on its street, it is above average for Meadowood, offering efficient space. This property would suit buyers prioritizing a newer home on a large, private lot over sheer interior square footage. It’s ideal for those who value outdoor potential—for gardening, recreation, or future expansion—and seek a home with modern infrastructure, likely appealing to young families or downsizers wanting space without an older home’s upkeep.
Frequently Asked Questions
How does the lot size compare practically?
The lot is exceptionally large for the city, offering privacy and space uncommon in newer subdivisions. It's larger than the average city lot by over 4,000 sqft, but slightly smaller than the average on Sterling Avenue itself.
What does the "Elite" ranking for assessed value mean?
It means the municipal property assessment for this home is higher than 97% of comparable homes in Meadowood. This often reflects desirable attributes like the new build year and large lot, but it's also a key factor in determining property taxes.
The home sold recently in 2023. Is that a concern?
Not necessarily. The sale within the last two years simply means it has a very current market price reference. It provides a clear, recent benchmark for value, which can be an advantage for financing and appraisal.
Is the living area sufficient for a family?
At 1,272 sqft, it is above the neighborhood average. It represents a balanced layout that may favor fewer but potentially larger rooms, emphasizing efficient use of space rather than maximum room count, which pairs well with the expansive outdoor area.
Why is the year built such a standout feature?
The 2005 build date means major components like the roof, windows, furnace, and electrical are likely still within or just approaching their typical lifespan, potentially deferring significant capital costs for the next owner compared to the area's average home built in the 1970s.
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