508 Kildonan Meadow Drive

Meadows, Winnipeg

Property score

80.0

Excellent

Overall 80.0 · Larger and newer than most nearby homes

1,527 sqft (top 30%) · 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

19% 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

80.0 is composed by the two sections below.

Property Score

79.2Good
Living Area1,527 sqft79Good
Year Built201090Excellent
Lot Size5,547 sqft74Good
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
1,527 sqft
0255075100
Same streetTop 44%Same areaTop 30%CitywideTop 29%
Same street · Kildonan Meadow Drive
#62 / 140
Top 44% · Avg 1,460 sqft
Same area · Meadows
#581 / 1,959
Top 30% · Avg 1,286 sqft
Citywide · Winnipeg
#56,234 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
513k
0255075100
Same streetTop 24%Same areaTop 14%CitywideTop 18%
Same street · Kildonan Meadow Drive
#34 / 140
Top 24% · Avg 450.8k
Same area · Meadows
#269 / 1,959
Top 14% · Avg 409.1k
Citywide · Winnipeg
#34,490 / 194,458
Top 18% · Avg 390.1k

Year Built

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

Lot Size

around average
5,547 sqft
0255075100
Same streetTop 36%Same areaTop 32%CitywideTop 42%

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

508 Kildonan Meadow Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 329 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 9/2021CA$500k–550k
Sold price

Same street

Top 16%

Same area

Top 7%

City-wide

Top 13%

Related homes

Highlights & common questions: 508 Kildonan Meadow Drive, Winnipeg

Property Overview: 508 Kildonan Meadow Drive

Section 1: Key Characteristics & Appeal

This home presents a solid, modern offering in Winnipeg's Meadows neighborhood. Built in 2010, its key appeal lies in its balanced and above-average positioning across several metrics. With 1,527 sqft of living space, it offers more room than most homes in the wider city and local area. The assessed value ranks consistently in the top tier for its street, neighborhood, and city, suggesting a perceived quality or desirability that outpaces many direct comparisons.

The lot size is standard for the area, providing typical outdoor space without excessive maintenance. A thoughtful perspective is that this property avoids extremes—it’s not the largest or newest on the block, but it performs reliably well across the board. This consistency can mean less risk and predictable utility for a buyer.

It would suit practical buyers looking for a move-in ready, modern home in a established neighborhood. It’s ideal for small families or professionals seeking space without the unknowns of an older property, and for value-conscious buyers who appreciate a home that metrics show stands above average in its peer group.


Section 2: Frequently Asked Questions

1. How does this home’s value compare to its recent sale price?
The home sold in 2021 for an estimated $500k-$550k. Its current assessed value is $513,000. This suggests the assessment is closely aligned with its recent market value, providing a stable benchmark.

2. Is the living space adequate for a growing family?
At 1,527 sqft, the living area is above the city-wide average. It ranks in the top 30% within the Meadows neighborhood, indicating it offers more space than most nearby homes, which should comfortably accommodate a typical family.

3. What does the "above average" assessed value ranking imply?
Ranking in the top 14% in the neighborhood for assessed value often reflects factors like lot desirability, construction quality, updates, or a favorable location on the street. It suggests the property is considered a premium offering within its immediate area.

4. How does the age of the home (2010) affect potential costs?
Being 16 years old, major components like the roof, HVAC, and appliances are potentially nearing or within their typical lifespan for replacement. This isn’t a drawback for a well-built home, but it’s a sensible consideration for future budgeting.

5. Where can I see more detailed context about the immediate area?
A dedicated neighborhood 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.