Property score
57.1
Fair
Overall 57.1 · Smaller and older than most nearby homes
952 sqft (bottom 20%) · Built in 1978 (12 yrs older than avg)
Located in a above-average income area with median household income of ~81k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 fuel station nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 79%Punjabi · 2%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
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57.1 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: #46110871
$81K
Median household income
$86K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
22%
Single-person households
24%
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
165 Meadow Gate Drive — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 387 m), 1 education (nearest 184 m), 2 parks (nearest 170 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 40% | Bottom 32% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 165 Meadow Gate Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 952 sqft bungalow, built in 1978 on a 5,199 sqft lot, presents a straightforward and practical homeownership opportunity in the Meadows neighbourhood. Its primary appeal lies in its positional value and stability. The home sits comfortably around the average for its immediate street in terms of size, assessed value ($350k), and age, indicating it fits seamlessly into a mature, established setting. While its living space is below the broader neighbourhood and city averages, this often translates to a more manageable and efficient layout with lower utility costs.
The property would suit first-time buyers seeking an entry point into a settled community without the premium of a newer build, or downsizers looking for a single-level living option on a decent-sized lot. A thoughtful perspective is that its "average" standing on the street is a strength—it suggests less risk of over-improvement for the area and offers a neutral canvas for personalization. The assessed value is notably below the Meadows area average, which could indicate a potential value opportunity for a buyer willing to invest in updates, aligning the interior with the solid foundation of the location.
Section 2: Frequently Asked Questions
1. How does this home compare to others in the area?
The home is very typical for Meadow Gate Drive itself, matching the street's average for age, value, and lot size. Compared to the wider Meadows neighbourhood, it is a more compact and value-oriented option, with both living space and assessed value below the area average.
2. What is the likely condition given its age?
Built in 1978, the home is approaching 50 years old. Buyers should budget for updates to major aging components like the roof, windows, and mechanical systems. The interior likely reflects older styles, presenting an opportunity to modernize.
3. Is the assessed value a reliable indicator of market price?
The $350k assessment is a benchmark for property taxes, not a guaranteed sale price. Recent sold data (2022: $300k-$350k) suggests the assessment is in a realistic range, but the final price will depend on current market conditions, home condition, and buyer demand.
4. What are the advantages of a smaller, older home like this?
Lower utility and maintenance costs compared to larger homes, a potentially more manageable yard, and a character-filled location in an established community. It often allows for entry into a neighbourhood that might otherwise be less affordable.
5. How can I get the exact historical sale prices?
The provider, SaveOnHouse, offers an exact sold price history upon request via email. This is a manual service they provide at no cost, without using your email for marketing spam.
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