38 North Meadow Drive

Meadows, Winnipeg

66.8

Good

Overall 66.8

Compared with neighbourhood average

1,040 sqft (bottom 35%)

Built in 1986 (4 yrs older than avg)

Located in a high-income area

with median household income of ~112k

Transit 74.0

3-min walk to transit with 2 nearby routes

Within 500m: 1 park nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 82%Tagalog · 4%

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

66.8 is composed by the two sections below.

Property Score

56.4Fair
Living Area1,040 sqft52Fair
Year Built198678Good
Lot Size3,598 sqft46Low
Neighbourhood Sales Activity53Fair

Community Score

82.3Excellent
Household Income89Excellent
Education Level44Low
Housing Stress100Excellent
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: #46110867

Community deep dive

$112K

Median household income

$122K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

15%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)367
Labour force participation rate80%
Median age37.6
Avg household size2.9
Unemployment rate6%
Population density4077 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households15%
Couple families with children34%
Median household income (2020)$112K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$302K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority16%
Bachelor's or higher (25–64)24%
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

around average
1,040 sqft
0255075100
Same streetBottom 43%Same areaBottom 35%CitywideBottom 32%
Same street · North Meadow Drive
#12 / 21
Bottom 43% · Avg 1,158 sqft
Same area · Meadows
#1,276 / 1,959
Bottom 35% · Avg 1,286 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
364k
0255075100
Same streetTop 48%Same areaBottom 35%CitywideTop 49%
Same street · North Meadow Drive
#10 / 21
Top 48% · Avg 358.4k
Same area · Meadows
#1,270 / 1,959
Bottom 35% · Avg 409.1k
Citywide · Winnipeg
#95,199 / 194,458
Top 49% · Avg 390.1k

Year Built

Elite
1986
0255075100
Same streetTop 5%Same areaTop 47%CitywideTop 27%

Lot Size

around average
3,598 sqft
0255075100
Same streetTop 48%Same areaBottom 11%CitywideBottom 20%

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

38 North Meadow Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 299 m).

Search radius
🌳Parks1

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 6/2022CA$350k–400k
Sold price

Same street

Top 33%

Same area

Bottom 47%

City-wide

Top 46%

Related homes

Highlights & common questions: 38 North Meadow Drive, Winnipeg

Property Overview

38 North Meadow Drive is a well-maintained, 1,040 sqft bungalow built in 1986, situated on a 3,598 sqft lot in Winnipeg's Meadows neighbourhood. Its key appeal lies in its balance and established location. While its living space and lot size are modest compared to broader city averages, the home holds a strong position on its own street, particularly as one of the newer builds in the immediate area. It last sold in the $350k-$400k range in 2022.

This property suits practical, value-conscious buyers such as first-time homeowners, downsizers, or investors looking for a manageable, low-maintenance home in a settled community. It’s ideal for someone who prioritizes a solid, move-in-ready structure in a quiet neighbourhood over expansive square footage or a large yard. The data suggests it offers a sense of relative modernity and upkeep that stands out on its block, which could appeal to those wary of older-home surprises.

Frequently Asked Questions

1. How does this home compare to others on the street?
It is competitively positioned. With a 1986 build date, it is the newest house among the 21 homes on North Meadow Drive. Its living area and lot size are very close to the street's average, meaning it fits right into the neighbourhood's character without being an outlier.

2. Is the lot size a drawback?
The lot is smaller than most in the wider Meadows area and Winnipeg overall. This translates to less yard maintenance, which can be a positive for those seeking a lock-and-leave lifestyle or who prefer indoor living space over gardening. For buyers wanting a large private outdoor space, it may feel constrained.

3. What does the "Elite" ranking for Year Built mean?
This simply indicates it is among the top 5% newest homes on its specific street. It doesn't imply luxury, but rather that it is a relatively modern structure compared to its direct neighbours, which can be reassuring for maintenance and system updates.

4. How current is the assessed value, and what does it indicate?
The assessed value is $36,400, which is close to the average for its street and neighbourhood. It's important to note this is a municipal assessment for tax purposes, not a market valuation. The 2022 sale price ($350k-$400k) is a more direct indicator of its recent market value.

5. Who would this property not suit?
It may not be ideal for growing families needing multiple large bedrooms or extensive play space, given the square footage. It also may not fit buyers whose priority is a large garden, workshop, or significant outdoor privacy, due to the compact lot size.

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