78.3
Good
Property score
78.3
Good
Overall 78.3
Compared with neighbourhood average
1,497 sqft (top 31%)
Built in 1986 (4 yrs older than avg)
Located in a high-income area
with median household income of ~108k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
16% larger than neighborhood avg.
Year Built
Near average
4 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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78.3 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: #46110866
$108K
Median household income
$115K
Average household income
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
15%
Single-person households
25%
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
22 Parkwater Crescent — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 424 m), 2 parks (nearest 158 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 | Bottom 1% | Top 14% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
22 Parkwater Crescent presents a well-established family home in Winnipeg's Meadows neighbourhood. Built in 1986, its key appeal lies in the balance it offers: a home of comfortable, average size situated on a significantly above-average lot. With 1,497 sqft of living space, the house itself is comparable to many others in the city. However, its nearly 10,000 sqft land parcel stands out, ranking in the top 4% of lots in the Meadows area. This creates a valuable proposition of ample outdoor space for gardens, play, or expansion, which is increasingly rare.
The home’s assessed value of $540k positions it above average for both the neighbourhood and the wider city, suggesting a perception of solid value and desirability. It last sold in the $450k-$500k range in 2023. This property would best suit buyers who prioritize land size and established community character over a brand-new build. It’s ideal for families or individuals looking for room to breathe and personalize outdoors, while moving into a home that doesn’t require starting from scratch. A thoughtful perspective is that while the house is of a common size, the lot size offers a unique asset that provides both immediate utility and long-term investment potential in the form of land value.
1. Is the lot size a major advantage?
Yes. At 9,814 sqft, the lot is substantially larger than the average in Meadows (5,372 sqft) and city-wide (6,570 sqft). This is the property's most distinguishing feature, offering exceptional outdoor space.
2. How does the home's size compare to others?
The living area of 1,497 sqft is fairly typical. It's slightly below the average for its immediate street but above the averages for the broader Meadows area and the city, placing it in a comfortable, middle range for family living.
3. What does the assessed value tell us?
The $540k assessment is above average for both the neighbourhood and Winnipeg. This typically reflects the property's combined attributes—particularly the large lot—and recent market trends, rather than just the house itself.
4. The home is 40 years old. What should I consider?
Built in 1986, the home is newer than the Winnipeg city average. This age suggests it may benefit from updates to kitchens, bathrooms, or systems, but it likely avoids some of the major issues of much older construction. A pre-purchase inspection is always advised.
5. How can I find out the exact past sale price?
The provided data shows a sale range for 2023. To obtain the precise sale price, you can use the email request service offered on the listing page. They provide this detail manually without using your email for marketing.
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