76.8
Good
Property score
76.8
Good
Overall 76.8
Smaller but newer than most nearby homes
1,220 sqft (bottom 10%)
Built in 2001 (7 yrs newer than avg)
Located in a high-income area
with median household income of ~118k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 16 dining spots, 4 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 51%Punjabi · 10%
Past 10 years Whyte Ridge sales snapshot (~80% of all data)
752
536.3k
$352/sqft
1994
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76.8 is composed by the two sections below.
Property Score
Community Score
Whyte Ridge
How to read: Share of sales in each ~$50k price band for “whyte ridge” (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: #46111217
$118K
Median household income
$120K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
9%
Single-person households
33%
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
111 Meadowbank Road — 31 amenities found within 500 m, across 6 categories, including 16 dining (nearest 203 m), 4 healthcare (nearest 135 m), 3 shopping (nearest 314 m).
Whyte Ridge · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Violent
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 16% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,220 sqft home built in 2001 on a 5,460 sqft lot in Whyte Ridge, Winnipeg. Its standout feature is the build year: it’s the newest home on Meadowbank Road (ranked #1 out of 55, top 2%), and significantly newer than the neighbourhood average of 1994. The lot is also notably larger than others on the same street (ranked #8, top 15%), giving it more outdoor space than most nearby properties.
Where the property sits differently is in valuation and living area. Its assessed value of $471k is right at street average but well below the Whyte Ridge neighbourhood average of $529.6k. That means a buyer gets into a desirable, established neighbourhood at a lower entry point than many surrounding homes. The living area is essentially average for the street and city, but below the neighbourhood norm—so the home is compact relative to Whyte Ridge’s larger stock.
The appeal is for someone who values a newer build in a mature neighbourhood, wants a decent-sized lot, and is willing to trade interior square footage for a more recent construction date and a lower assessed value relative to the area. It would suit first-time buyers looking for something solid and modern without the premium of a newly built subdivision, or downsizers who want a newer, manageable home in a well-established community without paying for space they don’t need. It’s less ideal for someone who prioritizes a large interior or wants a home that sits mid-range within Whyte Ridge’s price profile.
1. How does this home compare to others on Meadowbank Road?
It’s the newest house on the street by a wide margin and has one of the larger lots (top 15%). The living area and assessed value are both close to the street average. So it stands out for its age and yard size, not its interior footprint or price tag.
2. Is the assessed value of $471k a good deal for Whyte Ridge?
Yes, in relative terms. The neighbourhood average assessment is $529.6k, and this property ranks in the bottom 16% for value. You’re paying below the median for the area, largely because the living area is smaller than many neighbouring homes. If you don’t need a lot of square footage, you’re getting a newer home for less than the neighbourhood norm.
3. Why is the year built ranked so high compared to the neighbourhood?
Whyte Ridge was primarily developed in the mid‑1990s. A 2001 build is rare in this pocket, which pushes it to the top of the street (built 7 years newer than the street average) and well above the neighbourhood average of 1994. It’s not brand new, but it’s noticeably newer than most of what’s around it.
4. How does the lot size compare to the wider area?
The lot is 5,460 sqft—larger than most on the street (average 4,609 sqft) but slightly smaller than the neighbourhood average (6,175 sqft) and city average (6,570 sqft). You get a generous yard by street standards, but it’s not oversized for Whyte Ridge or Winnipeg overall.
5. What’s the trade-off between this home and others in the neighbourhood?
The main trade-off is interior space versus build date. You’re getting a newer home on a good lot, but the living area is about 450 sqft smaller than the Whyte Ridge average. If you compare it to similar-valued homes citywide, it’s above average in assessed value and above average in age—so you’re paying a bit more than the city median, but for a newer house in a higher-demand neighbourhood.
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