394 Kildonan Meadow Drive

Meadows, Winnipeg

86.5

Excellent

Overall 86.5

Larger and newer than most nearby homes

2,069 sqft (top 3%)

Built in 2012 (22 yrs newer than avg)

Located in a high-income area

with median household income of ~105k

Transit 74.0

2-min walk to transit with 2 nearby routes

Within 500m: 1 park nearby

Living Area

Above average

61% larger than neighborhood avg.

Year Built

Above average

22 yrs newer than neighborhood avg.

Mother tongue

English · 58%Punjabi · 12%

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

86.5 is composed by the two sections below.

Property Score

90.0Excellent
Living Area2,069 sqft94Excellent
Year Built201294Excellent
Lot Size6,492 sqft81Excellent
Neighbourhood Sales Activity53Fair

Community Score

81.3Excellent
Household Income87Excellent
Education Level72Good
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

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: #46111253

Community deep dive

$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

Population, labour & age

Population (2021)5,276
Labour force participation rate76%
Median age36.4
Avg household size2.9
Unemployment rate7%
Population density2536 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households18%
Couple families with children38%
Median household income (2020)$105K

Housing

Renter households30%
Condominium dwellings4%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority47%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 57%
Mother tongue (2nd)Punjabi · 11%

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

Rankings

Living Area

Elite
2,069 sqft
0255075100
Same streetTop 4%Same areaTop 3%CitywideTop 9%
Same street · Kildonan Meadow Drive
#5 / 140
Top 4% · Avg 1,460 sqft
Same area · Meadows
#66 / 1,959
Top 3% · Avg 1,286 sqft
Citywide · Winnipeg
#17,931 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

Elite
556k
0255075100
Same streetTop 6%Same areaTop 5%CitywideTop 12%
Same street · Kildonan Meadow Drive
#8 / 140
Top 6% · Avg 450.8k
Same area · Meadows
#91 / 1,959
Top 5% · Avg 409.1k
Citywide · Winnipeg
#23,272 / 194,458
Top 12% · Avg 390.1k

Year Built

Elite
2012
0255075100
Same streetTop 6%Same areaTop 1%CitywideTop 10%

Lot Size

above average
6,492 sqft
0255075100
Same streetTop 22%Same areaTop 15%CitywideTop 23%

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

394 Kildonan Meadow Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 158 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 8/2023CA$550k–600k
Sold price

Same street

Top 7%

Same area

Top 4%

City-wide

Top 10%

Related homes

Highlights & common questions: 394 Kildonan Meadow Drive, Winnipeg

Property Overview: 394 Kildonan Meadow Drive

Key Characteristics & Appeal

This home stands out for its above-average size and modern build within its community. With 2,069 square feet of living space, it is significantly larger than most comparable homes in the Meadows area and across Winnipeg, placing it in the top tier for space. Built in 2012, it is a notably newer property in a neighbourhood with many older homes, suggesting modern construction standards and potentially lower immediate maintenance needs. The lot size of 6,492 square feet is also generous for the area, offering ample outdoor space.

The appeal lies in this combination of space, modernity, and established location. It suits buyers looking for a move-in-ready family home that offers more room than typical for the area without needing renovations. It’s particularly well-suited for those who value a newer build but want to be in a settled community rather than a brand-new subdivision. A thoughtful perspective is that its high rankings for size and year built, against a modest assessed value relative to its sold price, may indicate perceived value or potential for assessed value to catch up with market perceptions.

Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold for between $550,000 and $600,000 in 2023, which is substantially higher than its $55,600 assessed value. This is common, as assessed value for tax purposes often lags behind current market value.

2. What does the "Elite" or "Top X%" ranking mean for this home?
These rankings compare this specific property against similar homes on its street, in the Meadows area, and city-wide. For example, being in the "Top 4%" for living area on its street means 96% of comparable homes nearby are smaller. It’s a quick way to see how the home stands out in key metrics.

3. Is a 2012 build considered "new" in this neighbourhood?
Yes. The data shows the average build year for comparable homes in Meadows is around 1990. Being built in 2012 makes this property one of the newest in the area, which can mean updated systems, materials, and energy efficiency.

4. Why is the lot size ranking lower than the living area ranking?
While the lot is above average in size for the immediate area and Meadows, it ranks closer to the city-wide average. This indicates the home’s appeal is driven more by the size and newness of the house itself rather than an exceptionally large yard compared to the entire city.

5. How can I find out the exact historical sold price?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide the precise figure via email upon request, which they handle manually without using the contact for unsolicited marketing.

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