38 Spring Meadow Crescent

Meadows, Winnipeg

82.2

Excellent

Overall 82.2

Larger but older than most nearby homes

1,832 sqft (top 12%)

Built in 1981 (9 yrs older than avg)

Located in a high-income area

with median household income of ~108k

Transit 74.0

4-min walk to transit with 2 nearby routes

Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby

Living Area

Above average

42% larger than neighborhood avg.

Year Built

Below average

9 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

82.2 is composed by the two sections below.

Property Score

83.9Excellent
Living Area1,832 sqft89Excellent
Year Built198173Good
Lot Size7,219 sqft88Excellent
Neighbourhood Sales Activity53Fair

Community Score

79.6Good
Household Income88Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110866

Community deep dive

$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

Population, labour & age

Population (2021)541
Labour force participation rate60%
Median age51.2
Avg household size2.5
Unemployment rate3%
Population density2080 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households15%
Couple families with children25%
Median household income (2020)$108K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority9%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 83%
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

above average
1,832 sqft
0255075100
Same streetTop 21%Same areaTop 12%CitywideTop 16%
Same street · Spring Meadow Crescent
#9 / 42
Top 21% · Avg 1,542 sqft
Same area · Meadows
#240 / 1,959
Top 12% · Avg 1,286 sqft
Citywide · Winnipeg
#31,071 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
466k
0255075100
Same streetTop 31%Same areaTop 25%CitywideTop 26%
Same street · Spring Meadow Crescent
#13 / 42
Top 31% · Avg 458.4k
Same area · Meadows
#489 / 1,959
Top 25% · Avg 409.1k
Citywide · Winnipeg
#49,730 / 194,458
Top 26% · Avg 390.1k

Year Built

around average
1981
0255075100
Same streetBottom 7%Same areaBottom 19%CitywideTop 33%

Lot Size

above average
7,219 sqft
0255075100
Same streetTop 31%Same areaTop 9%CitywideTop 15%

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 Spring Meadow Crescent — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 345 m), 1 education (nearest 495 m), 1 parks (nearest 152 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks1
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 11/2023CA$450k–500k
Sold price

Same street

Top 38%

Same area

Top 15%

City-wide

Top 20%

Related homes

Highlights & common questions: 38 Spring Meadow Crescent, Winnipeg

Property Overview

38 Spring Meadow Crescent presents a well-proportioned family home in Winnipeg's Meadows neighbourhood. Built in 1981, its key appeal lies in offering more space—both indoors and out—than many comparable properties. With 1,832 sqft of living area and a 7,219 sqft lot, it ranks in the top 12-16% for size within its area and city-wide. This creates a value proposition where the house and land are notably larger than local averages, while the assessed value remains in line with the neighbourhood norm.

The home suits buyers prioritizing interior space and a generous yard over a newer build. It’s ideal for growing families needing room or for those who value outdoor privacy and potential. A thoughtful perspective is that while the home is older, its above-average lot size in a mature area offers a rare opportunity for expansion, gardening, or simply more private outdoor living that is harder to find in newer subdivisions.

Frequently Asked Questions

1. How does this home’s value compare to others on the street?
The assessed value is around the street average, but you get significantly more living and land space for that price, ranking in the top 21% and 31% on the street, respectively.

2. Is the older build year a concern?
At 45 years old, it is one of the older homes on its street. This suggests potential for maintenance or updates, but also that the neighbourhood is well-established with mature landscaping.

3. What does the sold price history indicate?
It last sold between $450k-$500k in 2023, which placed it in the top 15-20% for the area at that time, indicating strong market appeal for its category.

4. How does the lot size benefit me?
The lot is in the top 9% for the Meadows area, meaning you get a larger, more private yard than most nearby homes, which is a key differentiator.

5. Where can I see more detailed comparisons?
A dedicated neighbourhood analysis page is available to view this property on a map and compare it directly with nearby homes on metrics like year built, size, and value.

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