62.8
Fair
Property score
62.8
Fair
Overall 62.8
Larger and newer than most nearby homes
1,725 sqft (top 5%)
Built in 1987 (9 yrs newer than avg)
Located in a below-average income area
with median household income of ~30.2k
Transit 92.0
4-min walk to transit with 5 nearby routes
Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
55% larger than neighborhood avg.
Year Built
Above average
9 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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62.8 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: #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
85 Sterling Avenue — 10 amenities found within 500 m, across 8 categories, including 2 dining (nearest 330 m), 1 education (nearest 381 m), 1 healthcare (nearest 228 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 15% | Top 3% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 85 Sterling Avenue, Meadowood, Winnipeg
Key Characteristics & Appeal
This home at 85 Sterling Avenue presents a compelling blend of space, a generous lot, and modern relative age for the area. Its primary appeal lies in its above-average and elite rankings across key metrics when compared to the broader city and the Meadowood neighborhood.
The 1,725 sqft living area is notably spacious, ranking in the top 5% for Meadowood and the top 20% city-wide. The standout feature is the 13,289 sqft lot, which places it in the elite top 3% for both the neighborhood and the entire city, offering exceptional outdoor potential. Built in 1987, it is a newer home compared to many in Winnipeg, suggesting potentially fewer major age-related updates. Its recent sale in the 2023-2025 period indicates a modern transaction history.
This property would suit buyers prioritizing generous indoor and outdoor space over a brand-new build. It’s ideal for families seeking room to grow, gardeners, or anyone valuing privacy and land size that is now rare in many city neighborhoods. The data suggests it offers a "best of both worlds" scenario: a home that feels spacious and modern within its immediate context, while its lot size provides a long-term rarity that adds a layer of investment in lifestyle and property uniqueness.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is typically lower than market value. The more relevant indicator is the home's recent sold price range (2023: CA$500k–550k), which reflects its actual market value at that time.
2. What does the "elite" ranking for land area actually mean for me?
It means this lot is larger than 97% of residential properties in Winnipeg. This translates to more privacy, space for additions like a shed or garage, larger gardens, or simply a greater buffer from neighbors compared to most homes you'll find.
3. The home was built in 1987. What major components might need attention?
While newer than the city average, a home of this age may be approaching the natural lifespan of its original roof, major appliances, HVAC system, or windows. A thorough inspection is advised to gauge the condition of these elements.
4. The living area is in the top 5% for Meadowood but only top 20% city-wide. Why the difference?
This highlights that Meadowood, on average, has smaller homes than some other Winnipeg neighborhoods. So, while this house is quite spacious for its immediate area, there are larger homes elsewhere in the city. Its appeal is its relative size within a sought-after location.
5. How can I get the exact historical sold price?
The exact sold prices are not publicly displayed in detail. You can request the precise history by emailing the listing service via the "Get exact sold price history" button. They provide this data manually and do not use requests for marketing spam.
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