46.2
Below average
Property score
46.2
Below average
Overall 46.2
Smaller and older than most nearby homes
690 sqft (bottom 4%)
Built in 1982 (8 yrs older than avg)
Located in a above-average income area
with median household income of ~81k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 2 schools, 5 parks, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
46% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 79%Punjabi · 2%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
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46.2 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: #46110871
$81K
Median household income
$86K
Average household income
9%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
22%
Single-person households
24%
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
61 Meadow Gate Drive — 9 amenities found within 500 m, across 4 categories, including 1 dining (nearest 459 m), 2 education (nearest 415 m), 5 parks (nearest 310 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 33% | Bottom 32% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 61 Meadow Gate Drive, Winnipeg
Key Characteristics & Appeal
This home at 61 Meadow Gate Drive is a compact, efficiently sized property built in 1982. Its primary appeal lies in its affordability and low ongoing tax burden, as evidenced by its well-below-average assessed value compared to both the immediate neighbourhood and the wider city. With 690 square feet of living space and a 3,500 square foot lot, it is notably smaller than most comparable homes in the area, positioning it as a practical, no-fuss option.
The property would best suit first-time buyers or investors seeking an accessible entry point into the Winnipeg market with minimal property tax overhead. Its smaller scale also appeals to those looking to downsize or maintain a low-maintenance lifestyle without leaving the established Meadows neighbourhood. A less obvious perspective is that, while the home is among the smallest on its street, it is also one of the newest constructions in its immediate vicinity, potentially suggesting more modern building materials or systems than some neighbours. The data indicates a sale between $300k-$350k in 2021, which, relative to its current assessed value, may present an interesting value discussion for a savvy buyer.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed value is primarily for municipal tax purposes and is influenced by factors like home size, age, and features. This home’s significantly smaller square footage and lot size compared to the city average are the main drivers of its lower assessment, which results in lower annual property taxes.
2. Is the smaller living area a major drawback?
It depends on your needs. The living area is compact, which limits space for larger families or extensive belongings. However, it offers efficient, manageable space for individuals, couples, or as a rental investment, aligning with a minimalist or cost-conscious lifestyle.
3. How does the 1982 build year compare to nearby homes?
The 1982 construction makes this home newer than most on Meadow Gate Drive, where the average build year is 1979. This could be an advantage, but it’s still a 40+ year-old home, so a thorough inspection of its roof, windows, and major systems is recommended.
4. What does the sold price history tell me?
The home sold for an estimated $300,000-$350,000 in 2021. This historical price provides a benchmark, but the current market value will depend on present conditions, updates made since then, and buyer demand.
5. How can I find out the exact past sold price?
The exact sale price is not public record in Manitoba. As noted on the listing, you can request this information directly from the provided service by email, which manually retrieves the precise data from proprietary sources.
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