52.4
Fair
Property score
52.4
Fair
Overall 52.4
Smaller and older than most nearby homes
850 sqft (bottom 13%)
Built in 1981 (9 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, 3 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
34% smaller than neighborhood avg.
Year Built
Below average
9 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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52.4 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
73 Meadow Gate Drive — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 455 m), 2 education (nearest 386 m), 3 parks (nearest 334 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 47% | Bottom 26% | Bottom 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 73 Meadow Gate Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 73 Meadow Gate Drive presents a practical entry point into Winnipeg’s Meadows neighbourhood. Built in 1981, it is a notably newer construction compared to others on its street, which can mean fewer immediate concerns with aging components. The 850 sqft living area is compact, ranking below average for both the area and city, positioning it as a manageable, low-maintenance space ideal for simplifying life rather than expansive living.
Its primary appeal lies in its value proposition and efficiency. The assessed value is consistent with its immediate street, suggesting it’s priced appropriately within its most direct market. The lot size, while below the city average, is fairly standard for the street. This isn’t a standout luxury property, but a grounded, straightforward home. It would suit first-time buyers seeking an affordable foothold, downsizers looking to reduce space and upkeep, or pragmatic investors interested in a stable rental property with a proven transaction history, having sold in 2016 and again in 2021.
A less obvious perspective is its potential as a “value-hold” property. Its metrics are consistently mid-to-lower tier in broader rankings, not flashy, but also not overextended. For the right buyer, this represents a stable baseline in a well-established area, free from the premium often attached to top-ranked, trendier homes.
Section 2: Frequently Asked Questions
1. Is this house particularly small for the area?
Yes. At 850 sqft, the living area is below the average for the Meadows neighbourhood (1,286 sqft) and significantly below the Winnipeg city average. It is designed for efficient living.
2. How does the assessed value compare?
The assessed value of $34,200 is very close to the average for Meadow Gate Drive itself. It is below the average for the wider Meadows area but ranks around the middle compared to the entire city, indicating it’s a modestly valued property in a broader context.
3. What does the sale history indicate?
The home sold between $250k-$300k in 2021 and between $200k-$250k in 2016. This shows active market interest and provides a track record for price comparison, though exact sold prices require a direct request.
4. Is the lot size a limitation?
The 3,998 sqft lot is smaller than the area and city averages. However, it is closer to the average for its own street. It provides a standard outdoor space for a home of this era and type, but is not suited for extensive expansions or large landscaping projects.
5. Are there comparable homes nearby?
Yes. The listing shows several nearby homes on the same street with very similar living areas and year built, such as 58 Sanford Fleming Road and 77 Meadow Gate Drive. This provides a clear picture of the immediate housing stock and helps validate the pricing and characteristics of this property.
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