33 Meadow Lake Drive

Meadows, Winnipeg

Property score

57.7

Fair

Overall 57.7 · Smaller than most nearby homes

861 sqft (bottom 13%) · Built in 1984 (6 yrs older than avg)

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: 2 parks nearby

Living Area

Below average

33% 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)

Sold Count

637

Median price

475.6k

$/sqft

$441/sqft

Avg build year

1990

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Property score

57.7 is composed by the two sections below.

Property Score

44.4Low
Living Area861 sqft32Low
Year Built198473Good
Lot Size4,099 sqft53Fair
Neighbourhood Sales Activity53Fair

Community Score

77.6Good
Household Income83Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110865

Community deep dive

$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

Population, labour & age

Population (2021)557
Labour force participation rate74%
Median age41.2
Avg household size2.7
Unemployment rate2%
Population density3713 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households19%
Couple families with children33%
Median household income (2020)$97K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority13%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

below average
861 sqft
0255075100
Same streetBottom 17%Same areaBottom 13%CitywideBottom 13%
Same street · Meadow Lake Drive
#48 / 58
Bottom 17% · Avg 1,137 sqft
Same area · Meadows
#1,704 / 1,959
Bottom 13% · Avg 1,286 sqft
Citywide · Winnipeg
#168,785 / 194,458
Bottom 13% · Avg 1,342 sqft

Tax-Assessed Value

around average
322k
0255075100
Same streetBottom 5%Same areaBottom 14%CitywideBottom 36%
Same street · Meadow Lake Drive
#55 / 58
Bottom 5% · Avg 375.6k
Same area · Meadows
#1,686 / 1,959
Bottom 14% · Avg 409.1k
Citywide · Winnipeg
#124,103 / 194,458
Bottom 36% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 26%Same areaBottom 36%CitywideTop 30%

Lot Size

below average
4,099 sqft
0255075100
Same streetBottom 21%Same areaBottom 21%CitywideBottom 28%

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

33 Meadow Lake Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 308 m).

Search radius
🌳Parks2

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 7/2017CA$250k–300k
Sold price

Same street

Bottom 5%

Same area

Bottom 10%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 33 Meadow Lake Drive, Winnipeg

Property Overview

33 Meadow Lake Drive is a compact, well-situated home built in 1984. Its key characteristic is its efficiency: with 861 square feet of living space on a 4,099 square foot lot, it represents a more modest footprint compared to many homes on its street and in the wider Meadows area. The home’s assessed value is notably lower than most immediate neighbours, which is a defining feature.

The appeal lies in its position as an accessible entry point into a stable neighbourhood. It suits first-time buyers or investors seeking a lower-cost foothold in the market, or downsizers looking for a manageable property without leaving the community. A thoughtful perspective is that its smaller size and lot offer reduced maintenance and utility costs, which can be a significant long-term advantage. While it ranks below average in size for the area, it is newer than many homes city-wide, potentially suggesting fewer immediate major updates.

Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is significantly lower than the average on Meadow Lake Drive, likely due to the home's smaller square footage and lot size compared to others on the street. This can result in lower property taxes.

2. What does the sold price history indicate?
The home sold for an estimated $250k-$300k in 2017. To understand its current market trajectory and get the exact historical sold price, you can request that information directly via the provided email service.

3. Is the smaller living space a major drawback?
It depends on your needs. The living area is below the average for the street and neighbourhood, making it a cozy fit for a smaller household. However, this efficiency is also what makes it a more affordable option in the area.

4. How does the lot size impact the property?
At just over 4,000 square feet, the yard is smaller than average for the street. This means less outdoor maintenance but also less private outdoor space, which is worth considering if gardening or recreation are priorities.

5. The data shows it's "newer" than many city-wide homes. What does that mean for me?
Built in 1984, the home is above the city-wide average for age (newer than about 70% of homes). This can be positive, potentially indicating systems (like plumbing or electrical) that are less likely to need immediate replacement compared to much older homes, though a professional inspection is always recommended.

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