82.4
Excellent
Property score
82.4
Excellent
Overall 82.4
Larger and newer than most nearby homes
1,778 sqft (top 15%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
38% 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)
637
475.6k
$441/sqft
1990
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82.4 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
402 Kildonan Meadow Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 144 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 41% | Top 22% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 402 Kildonan Meadow Drive stands out for its above-average size and modern build within its context. Built in 2012, it is a notably newer property compared to most in the wider Meadows area and across Winnipeg, placing it in the top 1% of its immediate neighbourhood for year built. This suggests updated building standards, newer major systems, and less immediate need for renovations. With 1,778 sqft of living space, the home offers more room than the typical house in the area, ranking in the top 15% locally. The lot size is average for the community, providing standard outdoor space without extensive maintenance demands.
Its appeal lies in this combination of a modern, spacious interior within an established neighbourhood. The data indicates a strong and consistent above-average assessed value across street, area, and city comparisons, reflecting its desirability. It would suit buyers looking for a move-in ready home who want the convenience of a newer build but prefer the mature setting of a settled community over a brand-new subdivision. It’s also a practical fit for growing families or those who value more interior space over a very large yard.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The home sold in the 2020-2021 period for an estimated $400k-$450k. Its current assessed value is $517,000. As assessments and market values differ, consulting a current market evaluation is recommended to understand today’s listing price in context.
2. What does the "Elite" ranking for the year built actually mean?
In the specific "Meadows" area, this 2012-built home is newer than 99% of comparable properties. This is a significant advantage, suggesting newer roofing, windows, HVAC, and electrical systems compared to the neighbourhood average, which could mean lower near-term repair costs.
3. Is the lot size a disadvantage?
The land area is average for the Meadows community. While not an expansive lot, it is consistent with the neighbourhood pattern. This can be an advantage for buyers seeking manageable yard maintenance while still having private outdoor space.
4. The assessed value seems high relative to past sale prices. Is this accurate?
Property assessments are for taxation purposes and use a mass appraisal model. They are an official measure of relative value compared to other homes. This property consistently ranks in the top 13-23% across different scales, confirming it is considered a higher-value home in its peer group. The exact market value is determined by current sale conditions.
5. What are the less obvious benefits of a home built in 2012 in this area?
Beyond just being modern, a home of this age in an older neighbourhood often benefits from established landscaping, mature trees, and settled community dynamics. You get the infrastructure and efficiency of newer construction without the raw, unfinished feel of a brand-new development, and you avoid the potential lot levy and utility challenges sometimes found in the newest suburbs.
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