Property score
68.6
Good
Overall 68.6 · Older than most nearby homes
1,040 sqft (bottom 35%) · 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
Below average
19% smaller 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
68.6 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
70 Meadow Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 323 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 20% | Top 38% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 70 Meadow Lake Drive
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1983, presents a compelling opportunity centered on its land. The standout feature is the 6,959 sqft lot, which ranks in the top 5% on its own street and the top 11% within the Meadows neighborhood. This offers significantly more outdoor space than typical area homes, providing room for gardening, expansion, or private recreation.
The home itself is modest in size, with a living area and assessed value that are consistently around the average for its immediate area. This suggests a property where the value is not in high-end finishes or expansive square footage, but in a solid, no-frills foundation on a premium lot. Its recent sale in the $350k-$400k range aligns with this profile.
This property would suit a practical buyer who sees potential in the land itself. It’s ideal for a first-time homeowner comfortable with a home that may need updates, a downsizer looking for manageable indoor space with generous outdoor room, or an investor/renovator who recognizes the long-term value of a large lot in an established neighborhood. The appeal is less about the current structure and more about the possibilities the parcel affords.
Frequently Asked Questions
1. Is the large lot usable, or is it an odd shape?
While the listing confirms the lot size, it’s always wise to view the property or check the neighborhood map analysis to understand the lot's dimensions, topography, and any potential easements that might affect its use.
2. The home’s size is below average city-wide. Will it feel cramped?
At 1,040 sqft, it is a compact bungalow. It would suit individuals, couples, or small families who prioritize efficient living space and value the large yard over a larger interior. The floor plan’s layout will be a key factor in how spacious it feels.
3. The assessed value seems low. Does that mean the taxes are low?
The assessed value of $36,600 is for municipal tax purposes and is not the market value (as indicated by the recent sale price). While a lower assessment can correlate with lower property taxes, taxes are also determined by the municipal mill rate. The recent sale price will likely trigger a reassessment.
4. As a home from the 1980s, what major systems might need attention?
A home of this age may have original or older roofing, windows, HVAC systems, and plumbing. A thorough inspection is crucial to budget for potential updates to these major components, which is typical for homes in this era.
5. How can I get the exact past sale price?
The provided sold price is a range based on public data. As noted on the listing, you can request the exact historical sale price by emailing the service directly. They provide this detail manually and state they do not use email addresses for unsolicited marketing.
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.
