22 Meadowbank Road

Whyte Ridge, Winnipeg

73.7

Good

Overall 73.7

Smaller than most nearby homes

1,259 sqft (bottom 18%)

Built in 1994

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

24% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer 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

73.7 is composed by the two sections below.

Property Score

64.9Fair
Living Area1,259 sqft66Good
Year Built199481Excellent
Lot Size4,406 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

around average
1,259 sqft
0255075100
Same streetTop 33%Same areaBottom 18%CitywideTop 45%
Same street · Meadowbank Road
#18 / 55
Top 33% · Avg 1,285 sqft
Same area · Whyte Ridge
#1,965 / 2,382
Bottom 18% · Avg 1,666 sqft
Citywide · Winnipeg
#87,437 / 194,458
Top 45% · Avg 1,342 sqft

Tax-Assessed Value

above average
486k
0255075100
Same streetTop 20%Same areaBottom 29%CitywideTop 22%
Same street · Meadowbank Road
#11 / 55
Top 20% · Avg 471.1k
Same area · Whyte Ridge
#1,702 / 2,382
Bottom 29% · Avg 529.6k
Citywide · Winnipeg
#42,982 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
1994
0255075100
Same streetTop 15%Same areaTop 43%CitywideTop 20%

Lot Size

above average
4,406 sqft
0255075100
Same streetTop 24%Same areaBottom 13%CitywideBottom 33%

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

22 Meadowbank Road — 18 amenities found within 500 m, across 6 categories, including 7 dining (nearest 163 m), 3 healthcare (nearest 205 m), 1 shopping (nearest 354 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 7/2024CA$550k–600k
Sold price

Same street

Top 9%

Same area

Top 22%

City-wide

Top 10%
Sold 7/2017CA$400k–450k
Sold price

Same street

Bottom 23%

Same area

Bottom 16%

City-wide

Top 33%

Related homes

Highlights & common questions: 22 Meadowbank Road, Winnipeg

22 Meadowbank Road – Property Summary

Key Characteristics & Buyer Profile

This 1994-built home in Whyte Ridge offers 1,259 sq ft of living space on a 4,406 sq ft lot, with an assessed value of $486,000. Its strengths are relative to the immediate street rather than the broader neighbourhood or city. On Meadowbank Road, the property ranks in the top 20% for assessed value, top 24% for lot size, and top 15% for being newer than most homes on the block. Living space is close to the street average.

The appeal is grounded in value and position. Compared to its own street, this home is slightly above average in price and size—but within the larger Whyte Ridge area, both lot and living space fall below typical levels. That tension matters: buyers get a property that stands out on its block, but not necessarily in a more regional sense. It suits someone who values a well-kept, newer home within a specific street context, and who is comfortable with a smaller lot than the neighbourhood norm. It may appeal especially to buyers looking for a practical, move-in-ready home in a mature area without aiming for top-tier community stats.

Five Possible FAQs

1. How does this property compare to others on Meadowbank Road?
It ranks in the top third for living space and top quarter for lot size, and is one of the newer homes on the street. Assessed value is above average for the block.

2. Is the lot considered small?
For the street, it’s slightly above average. But in the Whyte Ridge community, it’s well below the average lot size of 6,175 sq ft. If you’re used to larger yards in the area, this one will feel compact.

3. How does the assessed value relate to the home’s market price?
Assessed value is used for property tax calculation, not market value. This home’s assessment is higher than the street average but lower than the community average—which may reflect its smaller lot and living area relative to Whyte Ridge overall.

4. What year was the home built, and does that matter here?
It was built in 1994, which is newer than the citywide average of 1966. On Meadowbank Road, it’s one of the newer homes, ranked in the top 15%. That can mean fewer major updates needed compared to older houses.

5. Who would this home not suit?
Buyers who want a large lot or a home that ranks high within the entire Whyte Ridge area may feel this property falls short. It’s a better fit for someone focused on street-level comparisons and a well-maintained, newer build.

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