226 Dawnville Drive

Meadows, Winnipeg

65.7

Good

Overall 65.7

Newer than most nearby homes

1,084 sqft (bottom 41%)

Built in 1990

Located in a high-income area

with median household income of ~97k

Transit 74.0

2-min walk to transit with 2 nearby routes

Within 500m: 1 dining spot, 3 parks, and 1 fuel station nearby

Living Area

Near average

16% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 79%French · 3%

Past 10 years Meadows sales snapshot (~80% of all data)

Sold Count

637

Median price

475.6k

$/sqft

$441/sqft

Avg build year

1990

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Property score

65.7 is composed by the two sections below.

Property Score

58.5Fair
Living Area1,084 sqft52Fair
Year Built199078Good
Lot Size4,642 sqft60Fair
Neighbourhood Sales Activity53Fair

Community Score

76.4Good
Household Income83Excellent
Education Level54Fair
Housing Stress93Excellent
Core Housing Need88Excellent
Employment Health60Fair

Neighbourhood Sales

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.

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: #46110869

Community deep dive

$97K

Median household income

$112K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

25%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)725
Labour force participation rate50%
Median age54.4
Avg household size2.3
Unemployment rate0%
Population density2788 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households25%
Couple families with children25%
Median household income (2020)$97K

Housing

Renter households0%
Condominium dwellings37%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority4%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,084 sqft
0255075100
Same streetBottom 25%Same areaBottom 41%CitywideBottom 38%
Same street · Dawnville Drive
#45 / 60
Bottom 25% · Avg 1,300 sqft
Same area · Meadows
#1,160 / 1,959
Bottom 41% · Avg 1,286 sqft
Citywide · Winnipeg
#120,815 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
447k
0255075100
Same streetTop 15%Same areaTop 30%CitywideTop 29%
Same street · Dawnville Drive
#9 / 60
Top 15% · Avg 412.6k
Same area · Meadows
#595 / 1,959
Top 30% · Avg 409.1k
Citywide · Winnipeg
#56,208 / 194,458
Top 29% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetBottom 48%Same areaTop 29%CitywideTop 22%

Lot Size

around average
4,642 sqft
0255075100
Same streetBottom 7%Same areaBottom 30%CitywideBottom 37%

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

226 Dawnville Drive — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 251 m), 3 parks (nearest 51 m).

Search radius
🍽️Dining1
🌳Parks3
Fuel Stations1

Crime & Safety

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%

Sales History

Sold 8/2022CA$450k–500k
Sold price

Same street

Top 22%

Same area

Top 17%

City-wide

Top 21%

Related homes

Highlights & common questions: 226 Dawnville Drive, Winnipeg

Property Overview: 226 Dawnville Drive

Key Characteristics & Buyer Profile

This home presents a compelling value proposition centered on its financial assessment rather than its size. Built in 1990, it is a modestly sized bungalow at 1,084 sqft on a smaller 4,642 sqft lot in the Meadows neighborhood. Its primary appeal lies in its strong assessed value, which ranks in the top 15-30% across the street, neighborhood, and city-wide comparisons. This suggests the property is assessed favorably relative to its peers, which can be attractive for property tax considerations and may indicate underlying value not solely defined by square footage.

The home suits practical, value-conscious buyers such as first-time homeowners, downsizers, or investors looking for an efficient footprint in a well-established area. Its smaller lot and living space mean lower maintenance, appealing to those seeking simplicity. A thoughtful perspective is that this property represents an "efficiency play"—it offers the essentials of homeownership in a mature neighborhood, where the investment is weighted more toward the structure and location than extensive land or square footage. Its last sale in the $450k-$500k range aligns with its above-average assessment tier.

Frequently Asked Questions

1. Is the smaller lot size a significant drawback?
While the lot is below average for the immediate street, it is around average for the broader Meadows area. This typically translates to less yard maintenance, which can be a positive for many buyers.

2. What does the high assessed value ranking actually mean for me?
It indicates that official assessment values this property more highly compared to many peers. This can be a positive signal of value, but it's important to note that assessed value is for taxation purposes and does not directly set market sale price.

3. The home sold recently in 2022. Should I be concerned about resale?
Not necessarily. The recent sale history provides useful, current market data. It shows active demand for the property and street, and the price range achieved places it in the top 20% of sales for the area at that time.

4. How does the living area compare to typical homes?
At 1,084 sqft, the living space is below average for the street but around the city-wide average. It represents a compact, efficient layout suitable for individuals, couples, or small families.

5. Where can I see more detailed context about the neighborhood?
You can use the provided link to open a neighborhood map analysis, which visually compares this home to nearby properties based on year built, living area, assessed value, and lot size.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.