Property score
79.7
Good
Overall 79.7 · Larger but older than most nearby homes
1,653 sqft (top 22%) · Built in 1983 (7 yrs older than avg)
Located in a high-income area with median household income of ~108k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
29% larger than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 83%Tagalog · 5%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
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79.7 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: #46110866
$108K
Median household income
$115K
Average household income
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
15%
Single-person households
25%
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
62 Meadow Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 300 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 5% | Top 9% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 62 Meadow Lake Drive stands out for its generous proportions and established presence in the Meadows neighbourhood. Built in 1983, its primary appeal lies not in being new, but in offering above-average space and a sizable lot that is now rare for newer developments. The 1,653 sqft living area and 6,959 sqft lot are both consistently ranked in the top tiers for the street, area, and city, indicating a property that offers more room than most. With an assessed value of $490,000, it positions itself as a premium offering in its immediate vicinity.
This property would best suit buyers looking for established character and space over a modern build. It’s ideal for a growing family that values larger indoor and outdoor areas, or for someone seeking a home with a substantial footprint relative to its neighbours. The data suggests it's a home for those who prioritize long-term value in land and size, and who are comfortable with a house that may require updates reflective of its era.
How does the home’s age affect its value?
While the 1983 build date is older than the average in the Meadows area, the home’s assessed value and sold price history indicate its lot size and living area substantially boost its worth. Value here is driven more by land and square footage than by a recent build year.
Is the assessed value an accurate indicator of the likely selling price?
The assessed value of $490,000 is a strong benchmark. The home last sold between $500k-$550k in 2023, suggesting the assessed value is closely aligned with recent market activity.
What does the lot size mean for a potential buyer?
At nearly 7,000 sqft, the lot is in the top 5% on its street. This offers significant outdoor space for gardens, play, or expansion, which is a considerable advantage over newer homes on smaller lots.
How does this home compare to others on the street?
It ranks elite or above average in key metrics like lot size, living area, and value on Meadow Lake Drive. This means it is one of the larger, more valuable properties on the block.
What might be a less obvious consideration with this property?
The home is older than many in the Meadows area. This could mean greater potential for maintenance or renovation needs specific to early-80s construction, but also suggests a more mature landscape and established neighbourhood feel.
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