18 Meadowbank Road

Whyte Ridge, Winnipeg

75.5

Good

Overall 75.5

Smaller than most nearby homes

1,306 sqft (bottom 23%)

Built in 1993 (1 yr older than avg)

Located in a high-income area

with median household income of ~122k

Transit 88.0

1-min walk to transit with 3 nearby routes

Within 500m: 7 dining spots, 3 healthcare facilitys, 1 shop, and 2 bank/ATMs nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 57%Chinese · 10%

Past 10 years Whyte Ridge sales snapshot (~80% of all data)

Sold Count

752

Median price

536.3k

$/sqft

$352/sqft

Avg build year

1994

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Property score

75.5 is composed by the two sections below.

Property Score

67.9Good
Living Area1,306 sqft71Good
Year Built199381Excellent
Lot Size4,200 sqft53Fair
Neighbourhood Sales Activity23Low

Community Score

86.8Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111055

Community deep dive

$122K

Median household income

$124K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

7%

Single-person households

46%

Families with children

Population, labour & age

Population (2021)398
Labour force participation rate71%
Median age40.8
Avg household size3.0
Unemployment rate11%
Population density4975 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households7%
Couple families with children46%
Median household income (2020)$122K

Housing

Renter households14%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority28%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Chinese · 10%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,306 sqft
0255075100
Same streetTop 27%Same areaBottom 23%CitywideTop 41%
Same street · Meadowbank Road
#15 / 55
Top 27% · Avg 1,285 sqft
Same area · Whyte Ridge
#1,839 / 2,382
Bottom 23% · Avg 1,666 sqft
Citywide · Winnipeg
#80,245 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
464k
0255075100
Same streetBottom 31%Same areaBottom 12%CitywideTop 26%
Same street · Meadowbank Road
#38 / 55
Bottom 31% · Avg 471.1k
Same area · Whyte Ridge
#2,091 / 2,382
Bottom 12% · Avg 529.6k
Citywide · Winnipeg
#50,419 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1993
0255075100
Same streetTop 45%Same areaTop 49%CitywideTop 21%

Lot Size

around average
4,200 sqft
0255075100
Same streetTop 40%Same areaBottom 7%CitywideBottom 29%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

18 Meadowbank Road — 18 amenities found within 500 m, across 6 categories, including 7 dining (nearest 159 m), 3 healthcare (nearest 215 m), 1 shopping (nearest 360 m).

Search radius
🍽️Dining7
🏥Healthcare3
🛒Shopping1
🏦Finance2
Fuel Stations3
Worship2

Crime & Safety

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%

Sales History

Sold 10/2021CA$450k–500k
Sold price

Same street

Bottom 41%

Same area

Bottom 41%

City-wide

Top 22%

Related homes

Highlights & common questions: 18 Meadowbank Road, Winnipeg

Key Characteristics & Buyer Profile

This is a 1,306 sqft single-family home built in 1993 on a 4,200 sqft lot, located on Meadowbank Road in Whyte Ridge. Its appeal lies in an unusual combination of comparative data: the house itself sits in a strong position relative to its immediate street but is noticeably smaller than the typical Whyte Ridge home. On Meadowbank Road, it ranks in the top 27% for living area and is built close to the street average (1993 vs. 1994). However, within the broader Whyte Ridge community, it falls in the bottom 23% for size and the bottom 7% for lot size—most homes in this area sit on significantly larger parcels. City-wide, the property is near average for size, and its assessed value of $464,000 is above the Winnipeg median (top 26%), reflecting the value of its location rather than its footprint.

This property would suit a buyer who values a more modest, efficient floor plan within a desirable, established neighbourhood—someone who wants the lifestyle and resale stability of Whyte Ridge without paying for the premium of a larger home or oversized lot. It is less suited to buyers seeking a spacious family home with a big yard or those looking for a "best in class" property within the community. The home’s position on the street is a subtle advantage: it holds up well against its immediate neighbours, which matters for perceived value and future resale on the block.


Five Possible FAQs

  1. How does the property's smaller lot size affect its value or appeal?
    In Whyte Ridge, a 4,200 sqft lot is significantly below the community average of about 6,175 sqft. This can be an advantage for a buyer who prefers lower-maintenance yard work or a tighter-knit street feel, but it also means less space for additions, large gardens, or outdoor structures. The assessed value suggests the market does not heavily penalize the smaller lot in this location.

  2. Is a 1993 home considered "older" in this neighbourhood?
    Not really. The average build year on Meadowbank Road and in Whyte Ridge is 1994, so this home is right in line with the character of the area. City-wide, the median build year is 1966, meaning this is a newer home relative to much of Winnipeg.

  3. Why is the assessed value higher than the city average if the house and lot are below community averages?
    The assessed value of $464,000 reflects the desirability of the Whyte Ridge address and the quality of the home relative to the street. While the house is smaller than the Whyte Ridge norm, it is still above the Winnipeg average for living area, and the neighbourhood’s overall market demand pushes values higher than the city median.

  4. How does this home compare to others directly on Meadowbank Road?
    On the street, this home is above average for living area (top 27%) and close to average for lot size and build year. Its assessed value sits slightly below the street average, meaning you may be getting a well-sized home on the block without paying the top-tier price. This makes it a relatively strong value on the street level.

  5. What type of maintenance or updates might be expected for a home of this age?
    A 1993 home is now over 30 years old. While the build quality in Whyte Ridge is generally solid, common areas to check include the roof (original shingles may need replacement), windows, HVAC systems, and major appliances. The electrical and plumbing are likely original, so a home inspection is recommended to assess their condition, especially for a property that hasn't had recent renovations.

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