Property score
66.1
Good
Overall 66.1 · Compared with neighbourhood average
1,048 sqft (bottom 36%) · Built in 1984 (6 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 83%Tagalog · 5%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
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66.1 is composed by the two sections below.
Property Score
Community Score
Meadows
How to read: Share of sales in each ~$50k price band for “meadows” (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: #46110865
$97K
Median household income
$108K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
19%
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
135 Meadow Lake Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 494 m).
Meadows · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
78%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 10% | Top 12% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 135 Meadow Lake Drive
Key Characteristics & Appeal
This home at 135 Meadow Lake Drive in the Meadows neighbourhood is a study in solid, middle-of-the-road metrics, offering a practical and predictable entry into the Winnipeg market. Built in 1984, it is newer than many homes on its own street and across the city, suggesting potentially fewer immediate concerns with aging infrastructure compared to older stock. With 1,048 sqft of living space and a 5,300 sqft lot, its size is consistently average or slightly below average for its immediate area, indicating it fits comfortably within the established character of the neighbourhood without standing out.
The primary appeal lies in its proven stability and value. A sale in the $450k-$500k range in 2022 placed it in the top 10-17% of comparable sales at that time, demonstrating strong market performance. Its current assessed value ($37,900) is modest, which can be attractive for property tax considerations. This isn’t a flashy property; its strength is being a well-positioned, no-surprises home in a mature area. It would suit first-time buyers seeking an affordable foothold, pragmatic investors looking for a stable rental property, or downsizers who value a manageable lot and neighbourhood familiarity over expansive square footage. A thoughtful perspective is that its "average" metrics across the board could mean less competition and more room for negotiation compared to properties with standout features that command premium prices.
Frequently Asked Questions
1. How does the sold price from 2022 relate to today’s value?
The 2022 sale price ($450k-$500k) is a strong historical data point showing the home performed well above average at that time. Current market conditions, interest rates, and any changes to the property since then will influence today’s value. It serves as a useful benchmark but is not a guaranteed current price.
2. The assessed value seems low compared to the past sale price. Why?
Municipal assessed value for property taxes is often calculated using mass appraisal techniques and may not reflect real-time market value. A significant gap between a recent sale price and the assessed value is not uncommon, with the sale price being the clearer indicator of what a buyer was willing to pay.
3. What does it mean that the home is "newer" than others on the street?
Being built in 1984 and ranking in the top 26% for year built on Meadow Lake Drive means many of its immediate neighbours are older. This can be an advantage, potentially indicating updates to building materials, electrical, or plumbing systems that align with more modern standards, possibly reducing near-term renovation needs.
4. Are the living area and lot size a limitation?
At 1,048 sqft and a 5,300 sqft lot, the property is compact. It suits efficient living rather than expansive entertaining. For the right buyer, this means less maintenance, lower utility costs, and a cozier footprint. It’s a practical choice over a sprawling one.
5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed in detail due to data licensing. You can request it by email through the listing platform. They provide this information manually and state they do not use email addresses for unsolicited marketing.
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