47 Sunway Avenue

Meadows, ਵਿਨੀਪਿਗ

Property score

59.8

Fair

Overall 59.8 · Smaller than most nearby homes

895 sqft (bottom 16%) · Built in 1987 (3 yrs older than avg)

Located in a high-income area with median household income of ~105k

Transit 76.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

30% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

3 yrs older 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

59.8 is composed by the two sections below.

Property Score

45.4Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ895 sqft32Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ198778Good
ਜ਼ਮੀਨ4,000 sqft53Fair
Neighbourhood Sales Activity53Fair

Community Score

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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Meadows

How to read: Share of sales in each ~$50k price band for “meadows” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
895 sqft
0255075100
Same streetਹੇਠਲੇ 32%Same areaਹੇਠਲੇ 16%Citywideਹੇਠਲੇ 16%
Same street · Sunway Avenue
#19 / 28
ਹੇਠਲੇ 32% · ਔਸਤ 969 sqft
Same area · Meadows
#1,650 / 1,959
ਹੇਠਲੇ 16% · ਔਸਤ 1,286 sqft
Citywide · ਵਿਨੀਪਿਗ
#163,688 / 194,458
ਹੇਠਲੇ 16% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
321k
0255075100
Same streetਹੇਠਲੇ 11%Same areaਹੇਠਲੇ 13%Citywideਹੇਠਲੇ 36%
Same street · Sunway Avenue
#25 / 28
ਹੇਠਲੇ 11% · ਔਸਤ 349.5k
Same area · Meadows
#1,695 / 1,959
ਹੇਠਲੇ 13% · ਔਸਤ 409.1k
Citywide · ਵਿਨੀਪਿਗ
#124,763 / 194,458
ਹੇਠਲੇ 36% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1987
0255075100
Same streetਟਾਪ 14%Same areaਟਾਪ 37%Citywideਟਾਪ 25%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
4,000 sqft
0255075100
Same streetਟਾਪ 25%Same areaਹੇਠਲੇ 19%Citywideਹੇਠਲੇ 26%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

47 Sunway Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 266 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

9/2016 ਵਿਚ ਵਿਕਿਆCA$200k–250k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 1%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 5%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 19%

Related homes

ਵਿਨੀਪਿਗ 47 Sunway Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 47 Sunway Avenue, Winnipeg

Key Characteristics & Appeal

This home at 47 Sunway Avenue in the Meadows neighbourhood presents a practical and value-oriented opportunity. Built in 1987, it is newer than most homes on its street and across the city, suggesting potentially fewer immediate concerns with aging infrastructure compared to older stock. With 895 square feet of living space, it offers a compact, manageable layout that is fairly typical for Sunway Avenue but is below the average size for both the Meadows area and Winnipeg overall.

The property’s appeal lies in its balance of a newer build year and a modest assessed value. The lot size of 4,000 sq ft is above average for the street, offering decent outdoor space relative to its immediate peers. This combination positions it as an efficient entry point into homeownership. It would suit first-time buyers or downsizers seeking a lower-maintenance property without the premium of a recently built home. A thoughtful perspective is that its "below-average" metrics in size and value for the wider area are precisely what create its affordability, making it a strategic pick for budget-conscious buyers who prioritize a newer construction year over square footage.

Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value (approximately $321,000) is for municipal tax purposes. The market value—what a buyer would pay—is determined by current market conditions and can be higher or lower.

2. How does the home’s size compare to nearby houses?
At 895 sq ft, the living area is slightly below the average (969 sq ft) for Sunway Avenue itself and more notably below the average for the larger Meadows neighbourhood. This indicates a cozier, more efficient floor plan.

3. What does the sold price history indicate?
Records show it last sold between $200,000-$250,000 in 2016. This historical data provides context, but the current market value will be influenced by factors and prices in the years since that sale.

4. The home is newer than many others. Does that mean fewer repairs?
While a 1987 build is newer than the city median, it is still nearly 40 years old. Major components like the roof, windows, and heating system may be reaching or have passed their typical lifespans, so a thorough inspection is recommended.

5. Who would this property not be well-suited for?
It may not suit buyers looking for ample indoor space or a large yard compared to broader neighbourhood standards. Families needing multiple bedrooms or dedicated work-from-home spaces might find the layout limiting.

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