82.2
Excellent
Property score
82.2
Excellent
Overall 82.2
Larger and newer than most nearby homes
1,837 sqft (top 12%)
Built in 2013 (23 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: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
43% larger than neighborhood avg.
Year Built
Above average
23 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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82.2 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
507 Kildonan Meadow Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 284 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 | Bottom 20% | Bottom 47% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 507 Kildonan Meadow Drive
Key Characteristics & Appeal
This home stands out for its modern build year and generous interior space. Built in 2013, it is notably newer than almost all homes in its immediate neighborhood and the broader Meadows area, suggesting updated construction standards and less immediate need for major renovations. With 1,837 sqft of living area, it offers significantly more space than the average home in Meadows and Winnipeg overall, placing it in the top tier for square footage. This combination of newer age and above-average size is its primary appeal.
The assessed value is above average for the area and city, yet the lot size is more modest compared to others on the same street. This creates a specific profile: a spacious, modern home on a efficiently sized yard, ideal for those who prioritize interior living space over extensive outdoor maintenance.
This property would best suit buyers looking for a move-in ready, modern home with ample room for a family. It appeals to those who value a newer build's advantages—like contemporary layouts and systems—and want more interior space without necessarily seeking a large lot to upkeep.
Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than many on its street, it is closer to the average for the wider city. This typically means lower yard maintenance and potentially a more community-focused street, as homes are built closer together.
2. What does the "Elite" ranking for year built mean?
It means this home, built in 2013, is newer than 99% of comparable properties in both the Meadows area and on Kildonan Meadow Drive itself. You are unlikely to find a newer home in this specific locale.
3. The assessed value seems high relative to the 2016 sale price. Why?
Property assessments for tax purposes are based on mass appraisal models and specific valuation dates, which differ from market sale prices. The increase reflects general market trends and improvements in the area since 2016. For precise market valuation, a current comparative market analysis is recommended.
4. Is the living area efficiently laid out?
The data confirms the home is spacious. Since it's a modern build (2013), the floor plan is likely contemporary, but viewing the property or checking for a layout diagram is the best way to assess flow and room functionality.
5. What are the trade-offs of a newer home in an established area?
The benefit is modern construction. A less obvious consideration is that the landscape and trees will be less mature than on older lots, and the home's architectural style might differ from the neighborhood's original period.
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