69.8
Good
Property score
69.8
Good
Overall 69.8
Smaller than most nearby homes
1,039 sqft (bottom 1%)
Built in 1992 (2 yrs older than avg)
Located in a high-income area
with median household income of ~118k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 7 dining spots, 3 healthcare facilitys, 2 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
38% smaller than neighborhood avg.
Year Built
Near average
2 yrs older 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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69.8 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
15 Meadowbank Road — 19 amenities found within 500 m, across 6 categories, including 7 dining (nearest 108 m), 3 healthcare (nearest 205 m), 2 shopping (nearest 325 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 1% | Bottom 2% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1,039 sqft home, built in 1992, sits on a 4,200 sqft lot in the Whyte Ridge neighbourhood of Winnipeg. Its most notable strength is its assessed value relative to the city overall—ranking in the top 31% citywide, with an assessment of $433k. That puts it slightly above the Winnipeg average for comparable homes ($390.1k), while staying well below the averages on its own street ($471.1k) and in the surrounding area ($529.6k). In other words, the property is priced moderately for the city but offers a relatively lower entry point within a higher-value pocket of Winnipeg.
The home’s living area is smaller than both the street and neighbourhood averages, ranking near the bottom locally. The lot size is also below the neighbourhood norm, though it sits around the middle of the pack on the street itself. The year built (1992) is slightly older than the typical home on Meadowbank Road but is newer than most homes citywide (average 1966), so the structure would likely need fewer major updates than an older Winnipeg house.
Where the appeal lies: The property offers a chance to own in a neighbourhood where most homes are larger and more expensive, without paying a premium for extra square footage or a bigger yard. For someone who values location and solid construction era over interior size, this could represent good value. It may also attract buyers who plan to renovate or expand, since the land is still serviceable and the surrounding property values suggest long-term investment potential.
What type of buyer it would suit: First-time buyers looking for a manageable footprint in a stable area; downsizers who want a newer home without excess space; or investors betting on the neighbourhood’s continued appreciation. It’s less suited for someone needing a large family home or a sprawling lot.
1. How does the assessed value compare to similar homes nearby?
The property is assessed below the average for both Meadowbank Road ($471.1k) and Whyte Ridge ($529.6k), but above the citywide average for comparable homes ($390.1k). This means you’re paying less than most homes in the immediate area, while still being in a neighbourhood where values tend to be higher than the city norm.
2. Is the living area too small for a family?
At 1,039 sqft, it’s smaller than the typical home on this street and in the neighbourhood. It could work well for a couple, a small family, or anyone comfortable with a compact layout. Larger families might find it tight unless they plan to add on. The citywide average for comparable homes is 1,342 sqft, so it’s below average but not unusually small for Winnipeg overall.
3. What’s the condition of a home built in 1992?
A 1992 build is now about 32 years old. Major systems like the roof, furnace, and windows are likely nearing the end of their expected lifespan if not already replaced. That said, the home is newer than most Winnipeg properties (city average is 1966), so it’s less likely to have knob-and-tube wiring, lead pipes, or foundation issues common in older homes. A full inspection would be wise.
4. How does the lot size affect usability?
The 4,200 sqft lot is smaller than the neighbourhood average (6,175 sqft) and the city average (6,570 sqft). It’s closer to the typical size on Meadowbank Road itself (4,609 sqft). This means less yard maintenance, but also less space for gardens, play areas, or potential additions. If outdoor space is a priority, you may want to confirm the lot’s shape and usable area.
5. What does the ranking data actually mean?
The rankings compare this property to other homes within the same category. For example, ranking #54 out of 55 on the street for assessed value means only one home on Meadowbank Road is assessed lower. The “Top X%” simply shows you’re in the top tier for that category (e.g., Top 98% means you rank in the bottom 2% of homes by value). The bar fill is a visual of how many homes you outperform in that comparison group.
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.
