7 Meadowbank Road

Whyte Ridge, Winnipeg

74.9

Good

Overall 74.9

Smaller than most nearby homes

1,257 sqft (bottom 17%)

Built in 1992 (2 yrs older than avg)

Located in a high-income area

with median household income of ~118k

Transit 86.0

4-min walk to transit with 4 nearby routes

Within 500m: 5 dining spots, 3 healthcare facilitys, 2 shops, and 1 bank/ATM nearby

Living Area

Below average

25% 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)

Sold Count

752

Median price

536.3k

$/sqft

$352/sqft

Avg build year

1994

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Property score

74.9 is composed by the two sections below.

Property Score

64.9Fair
Living Area1,257 sqft66Good
Year Built199281Excellent
Lot Size4,200 sqft53Fair
Neighbourhood Sales Activity23Low

Community Score

89.8Excellent
Household Income90Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111217

Community deep dive

$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

Population, labour & age

Population (2021)489
Labour force participation rate75%
Median age44.8
Avg household size3.0
Unemployment rate9%
Population density1956 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households9%
Couple families with children33%
Median household income (2020)$118K

Housing

Renter households9%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority46%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 51%
Mother tongue (2nd)Punjabi · 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
1,257 sqft
0255075100
Same streetTop 38%Same areaBottom 17%CitywideTop 45%
Same street · Meadowbank Road
#21 / 55
Top 38% · Avg 1,285 sqft
Same area · Whyte Ridge
#1,978 / 2,382
Bottom 17% · Avg 1,666 sqft
Citywide · Winnipeg
#87,696 / 194,458
Top 45% · Avg 1,342 sqft

Tax-Assessed Value

above average
468k
0255075100
Same streetBottom 44%Same areaBottom 14%CitywideTop 25%
Same street · Meadowbank Road
#31 / 55
Bottom 44% · Avg 471.1k
Same area · Whyte Ridge
#2,041 / 2,382
Bottom 14% · Avg 529.6k
Citywide · Winnipeg
#49,066 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1992
0255075100
Same streetBottom 13%Same areaBottom 47%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

7 Meadowbank Road — 15 amenities found within 500 m, across 6 categories, including 5 dining (nearest 104 m), 3 healthcare (nearest 229 m), 2 shopping (nearest 341 m).

Search radius
🍽️Dining5
🏥Healthcare3
🛒Shopping2
🏦Finance1
Fuel Stations3
Worship1

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 8/2023CA$450k–500k
Sold price

Same street

Top 36%

Same area

Top 43%

City-wide

Top 17%
Sold 10/2020CA$450k–500k
Sold price

Same street

Bottom 36%

Same area

Bottom 39%

City-wide

Top 22%

Related homes

Highlights & common questions: 7 Meadowbank Road, Winnipeg

7 Meadowbank Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1,257 sqft single-family home on a 4,200 sqft lot, built in 1992. Located in the Whyte Ridge neighborhood, it sits on Meadowbank Road.

Where the appeal lies: The property holds up well when compared across the entire city. Its assessed value ranks in the top 25% citywide, and the home itself is newer than roughly 79% of Winnipeg homes. The living area is right around the city average. What stands out less obviously is the trade-off between size and value: the lot is smaller than most in Whyte Ridge (bottom 93% in the neighborhood) but the price per square foot, based on assessed value, appears to be lower than many nearby homes. For someone who wants a well-maintained, reasonably modern home in an established suburb without paying a premium for a large yard, this could be a sensible middle ground.

Who it would suit: Buyers who prioritize a newer build and a manageable lot over maximum square footage or land area. It’s a good fit for someone who wants a solid, average-sized home in a decent citywide value tier, rather than chasing top rankings within the immediate neighborhood. First-time buyers or downsizers may find the balance appealing, provided they’re not attached to having a big backyard.


Frequently Asked Questions

1. How does the assessed value compare to the neighborhood average?
The assessed value is $468k, which is below the Whyte Ridge average of $529.6k. However, citywide it ranks in the top 25%, meaning it’s above average compared to most homes in Winnipeg. The home is priced more in line with street-level averages than the pricier neighborhood norm.

2. Is the lot size unusually small for the area?
Yes, the lot is 4,200 sqft, which puts it in the bottom 7% of Whyte Ridge. The neighborhood average is 6,175 sqft. If yard space is a priority, this property will feel compact compared to neighboring homes.

3. How old is the house relative to others on the street and in the city?
Built in 1992, it’s one of the older homes on Meadowbank Road (bottom 13% on the street), where the average build year is 1994. However, it’s considerably newer than the Winnipeg average build year of 1966, putting it in the top 21% citywide.

4. Does the living area feel small compared to the city or just the neighborhood?
The 1,257 sqft is very close to the citywide average (1,342 sqft), so it won’t feel cramped by Winnipeg standards. But it is noticeably smaller than the Whyte Ridge average of 1,666 sqft, so buyers moving within the neighborhood should expect a lower square footage than many surrounding homes.

5. How does this property rank overall—what do the percentage rankings mean?
Each ranking shows what percentage of comparable homes this property outperforms. A lower percentage (like top 83% in neighborhood living area) means it ranks lower; a higher percentage (like top 21% citywide for year built) means it ranks better. In simple terms: this home is strongest in citywide value and age, average in size, and weakest in lot size and neighborhood standing.

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.