67.0
Good
Property score
67.0
Good
Overall 67.0
Compared with neighbourhood average
1,076 sqft (bottom 40%)
Built in 1987 (3 yrs older than avg)
Located in a high-income area
with median household income of ~105k
Transit 76.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
16% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 58%Punjabi · 12%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
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67.0 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: #46111253
$105K
Median household income
$113K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
18%
Single-person households
38%
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
3 Sunway Avenue — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 131 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 15% | Bottom 38% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 3 Sunway Avenue in Winnipeg’s Meadows neighbourhood presents a specific value proposition. Built in 1987, it’s a 1,076 sqft house on a 4,459 sqft lot with a notably low assessed value of $31,100.
Key Characteristics & Appeal
The primary appeal lies in its unique positioning within its immediate context. On Sunway Avenue itself, the home stands out for having a larger-than-average living area and a significantly larger lot compared to its direct neighbours. This suggests more interior space and yard potential than is typical for the street. However, its assessed value is among the lowest on the block, creating a noticeable value contrast.
This combination suits a specific type of buyer: those who are budget-conscious but prioritize space over move-in readiness. It’s a practical option for a first-time buyer willing to take on updates, an investor looking for a property with a low tax assessment, or a homeowner seeking a larger lot in an established area at an entry point. The data suggests you’re paying less for the structure but getting more land relative to the street—a trade-off that can appeal to long-term planners.
A less obvious perspective is the home’s age. While it’s around average for the Meadows area, it’s newer than most city-wide comparables. This could mean systems and components are potentially from a more modern era than in many other Winnipeg homes, which might be a subtle advantage.
1. Why is the assessed value so much lower than nearby homes?
The assessed value of $31,100 is significantly below averages for both the street and the Meadows area. This typically reflects the municipality’s valuation of the property in its current state, which can be influenced by factors like the home’s condition, specific market adjustments, or improvements not captured in the assessment. It’s important to note this is not the market price but does impact property taxes.
2. How does the home’s size compare to others?
At 1,076 sqft, the living area is above average for Sunway Avenue but slightly below the average for the wider Meadows neighbourhood. This indicates a home that offers more interior space than its immediate neighbours but is a moderately sized option for the community.
3. What does the lot size mean for potential use?
The 4,459 sqft lot is larger than most on Sunway Avenue, offering more outdoor space than the typical home on the block. While it’s smaller than the Meadows area average, the key advantage is the relative privacy and yard space it may provide compared to direct neighbours.
4. When was it last sold and for how much?
Public records indicate a sale between 2021 and 2025, with a price range of CA$300k–350k. For the exact sale price and date, you can request the information directly via the provided email service.
5. How does the year built affect the property?
Built in 1987, the home is of a vintage where major components like the roof, windows, or HVAC system may be nearing or due for replacement. This is a standard consideration for homes of this age and should be factored into budgeting. On a positive note, its construction date is newer than the median for Winnipeg overall.
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