492 Kildonan Meadow Drive

Meadows, Winnipeg

Property score

79.6

Good

Overall 79.6 · Larger and newer than most nearby homes

1,604 sqft (top 24%) · Built in 2010 (20 yrs newer than avg)

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

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

25% larger than neighborhood avg.

Year Built

Above average

20 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

79.6 is composed by the two sections below.

Property Score

78.4Good
Living Area1,604 sqft83Excellent
Year Built201090Excellent
Lot Size4,464 sqft53Fair
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

above average
1,604 sqft
0255075100
Same streetTop 34%Same areaTop 24%CitywideTop 25%
Same street · Kildonan Meadow Drive
#47 / 140
Top 34% · Avg 1,460 sqft
Same area · Meadows
#473 / 1,959
Top 24% · Avg 1,286 sqft
Citywide · Winnipeg
#48,919 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
474k
0255075100
Same streetTop 39%Same areaTop 23%CitywideTop 24%
Same street · Kildonan Meadow Drive
#54 / 140
Top 39% · Avg 450.8k
Same area · Meadows
#450 / 1,959
Top 23% · Avg 409.1k
Citywide · Winnipeg
#47,018 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 31%Same areaTop 8%CitywideTop 11%

Lot Size

around average
4,464 sqft
0255075100
Same streetBottom 11%Same areaBottom 27%CitywideBottom 33%

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

492 Kildonan Meadow Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 293 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 9/2020CA$350k–400k
Sold price

Same street

Bottom 45%

Same area

Top 35%

City-wide

Top 34%
Sold 7/2016CA$350k–400k
Sold price

Same street

Bottom 38%

Same area

Top 38%

City-wide

Top 37%

Related homes

Highlights & common questions: 492 Kildonan Meadow Drive, Winnipeg

Property Summary: 492 Kildonan Meadow Drive

Section 1: Key Characteristics & Appeal

This home, built in 2010, offers a modern foundation within Winnipeg's Meadows neighbourhood. Its primary appeal lies in its balanced, above-average positioning. With 1,604 sqft of living space, it ranks comfortably within the top quarter of homes in both the broader area and city-wide, offering more room than many comparable properties. The 2010 build date is a significant advantage, placing it well above average for newer construction locally and city-wide, suggesting modern building standards and less immediate need for major updates.

The assessed value also ranks strongly against local and city benchmarks, indicating solid perceived value. A thoughtful perspective is that this home represents a "sweet spot" – it’s not the largest or most expensive on its street, but it consistently outperforms wider averages, offering a blend of modern amenities and sensible scale. The lot size (4,464 sqft) is smaller than many on its specific street, which may appeal to buyers seeking a newer home with less yard maintenance, while still providing usable outdoor space.

This property would best suit buyers looking for a move-in ready, modern home who prioritize interior space and contemporary build quality over a very large lot. It’s ideal for professionals, small families, or downsizers seeking a comfortable, low-maintenance property with strong value metrics in a established neighbourhood.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on available data, the home sold within the CA$350k–400k range in both 2016 and 2020. Its current assessed value of $47.40k (for taxation) continues to rank in the top 23-24% for the Meadows area, suggesting its market value has remained consistently strong relative to peers.

2. Is the lot size a disadvantage?
The lot is smaller than the average on Kildonan Meadow Drive itself. However, it is closer to the average for the wider Meadows area and is actually near the city-wide average. This translates to less yard upkeep—a potential benefit for many—while still providing a standard-sized city lot.

3. What does the "above average" year built mean for me?
Built in 2010, this home is newer than approximately 92% of homes in the Meadows area and 89% city-wide. This typically means newer major systems (roof, HVAC, windows), modern insulation and electrical standards, and potentially lower immediate maintenance costs.

4. How accurate is the living area comparison?
The 1,604 sqft is a verified figure. Its ranking shows it offers more space than about 76% of homes in the Meadows area and 75% of homes across Winnipeg, making it a roomier option within its market segment.

5. Where can I see more detailed neighbourhood data?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes with filters for year built, living area, assessed value, and lot size for direct visual comparison.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.