981 Dakota Street

Meadowood, Winnipeg

Property score

54.5

Fair

Overall 54.5 · Smaller but newer than most nearby homes

720 sqft (bottom 3%) · Built in 1997 (19 yrs newer than avg)

Located in a high-income area with median household income of ~95k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 1 shop, 2 parks, and 1 government office nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Above average

19 yrs newer than neighborhood avg.

Mother tongue

English · 72%French · 4%

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

54.5 is composed by the two sections below.

Property Score

41.6Low
Living Area720 sqft22Low
Year Built199784Excellent
Lot Size4,048 sqft53Fair
Neighbourhood Sales Activity74Good

Community Score

73.8Good
Household Income83Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110481

Community deep dive

$95K

Median household income

$116K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

13%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)507
Labour force participation rate63%
Median age42.8
Avg household size2.7
Unemployment rate17%
Population density2414 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households13%
Couple families with children35%
Median household income (2020)$95K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$336K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority21%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
720 sqft
0255075100
Same streetBottom 15%Same areaBottom 3%CitywideBottom 5%
Same street · Dakota Street
#28 / 33
Bottom 15% · Avg 914 sqft
Same area · Meadowood
#1,618 / 1,668
Bottom 3% · Avg 1,114 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
311k
0255075100
Same streetBottom 6%Same areaBottom 17%CitywideBottom 33%
Same street · Dakota Street
#31 / 33
Bottom 6% · Avg 343.8k
Same area · Meadowood
#1,387 / 1,668
Bottom 17% · Avg 375.6k
Citywide · Winnipeg
#131,157 / 194,458
Bottom 33% · Avg 390.1k

Year Built

above average
1997
0255075100
Same streetTop 27%Same areaTop 6%CitywideTop 19%

Lot Size

below average
4,048 sqft
0255075100
Same streetBottom 24%Same areaBottom 25%CitywideBottom 27%

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

981 Dakota Street — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 483 m), 1 shopping (nearest 471 m), 2 parks (nearest 397 m).

Search radius
🏫Education2
🛒Shopping1
🌳Parks2
🏛️Government1

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 7/2020CA$250k–300k
Sold price

Same street

Bottom 10%

Same area

Bottom 19%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 981 Dakota Street, Winnipeg

Property Overview: 981 Dakota Street, Winnipeg

Key Characteristics & Appeal

This home at 981 Dakota Street in Meadowood is defined by its practical efficiency and relative modernity within its context. Built in 1997, it is notably newer than most homes on its street, in the Meadowood area, and across Winnipeg, potentially meaning fewer concerns with aging infrastructure. The 720 sqft living area is compact, ranking below average for size at every comparison level, which positions it as an affordable, low-maintenance entry point into the market.

Its primary appeal lies in its value proposition. The assessed value is below average for the immediate street and neighbourhood, yet sits closer to the city-wide average, suggesting it may be priced accessibly in a desirable location. The lot size of just over 4,000 sqft is manageable. This combination—a newer, modest-sized home on a standard lot with a below-average assessment for the area—creates a clear profile. It would suit first-time buyers, downsizers, or investors seeking a straightforward, lower-cost property that benefits from a build date newer than many of its peers, without the upkeep of a larger home or yard.

A less obvious perspective is that its below-average metrics in size and assessment could be seen as an opportunity for value-adding expansion or renovation, subject to local regulations. Additionally, its "newer" status relative to the area might translate to better energy efficiency or modern building materials compared to neighbouring homes.


Frequently Asked Questions

1. Is this a small house?
Yes. At 720 square feet of living area, it is smaller than the average home on its street, in Meadowood, and across Winnipeg. It is best suited for individuals, couples, or those seeking minimal space.

2. Why is the assessed value relatively low?
The assessed value of $31,100 is below the average for Dakota Street and the Meadowood area. This typically reflects the home's smaller size and may influence property taxes, but it is important to note that assessed value is not the same as market value.

3. How does the year built affect this property?
Built in 1997, this home is newer than approximately 80-95% of homes in its broader comparison groups. This is a key characteristic, suggesting it may have undergone fewer major replacements (like roof or windows) than older homes in the area.

4. What was it last sold for?
Public records indicate a sale between CA$250,000 and CA$300,000 in 2020. For the exact historical sale price, you can request the information directly via the provided email service on the listing page.

5. How does the lot size compare?
The 4,048 sqft lot is slightly below the average for Dakota Street and more notably below the averages for the wider neighbourhood and city. It provides a standard outdoor space proportionate to the home's size.

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