Property Overview
18 Meadowside Drive is a spacious two-storey home in Winnipeg's Kirkfield neighbourhood. Built in 1986, it features 2,292 sqft of living space, a renovated basement, an attached garage, and sits on a large 10,306 sqft lot. The home presents a compelling mix of above-average space and a below-average assessed value, creating a distinct market position.
Key Characteristics & Appeal
The primary appeal of this property lies in its significant scale relative to its official valuation. It offers substantially more living space and a much larger lot than the average home in both Kirkfield and Winnipeg overall, ranking in the top tiers for these metrics. However, its assessed value is notably lower than similar-sized homes on its own street and sits modestly above the city average. This disconnect suggests potential value for a buyer who prioritizes physical space and land over a premium postal code status.
Its renovated basement adds modern livable space, and the attached garage and generous lot are practical assets. The home would suit a buyer looking for a sizeable family home or one needing ample room for hobbies, guests, or a home office, without the price tag typically associated with such dimensions in the broader city. It’s a practical choice for those who value interior and yard space over a high assessment, and for buyers who see potential in a property where the living experience may outweigh its current bureaucratic valuation.
Frequently Asked Questions
1. Why is the assessed value so much lower than the sold price from 2020?
The sold price range from 2020 ($485k-$515k) is significantly higher than the current assessed value ($63.3k). This large gap is unusual and typically indicates either a major change in assessment methodology, a data discrepancy, or that the "assessed value" figure shown is not the municipal property tax assessment but perhaps a different metric. Confirming the exact municipal assessment and recent sold price is essential.
2. How does the home's size compare practically?
With over 2,200 sqft and a large lot, this home provides space well above the norm. In Kirkfield, it ranks in the top 7% for size, and citywide, in the top 5%. This means it offers more room than 95% of Winnipeg homes, a key advantage for growing families or those who work from home.
3. What does the "below average" ranking on its own street mean?
The data shows only two comparable homes on Meadowside Drive. This home ranks 2 of 2 for living area and value, meaning it is the smaller and lower-valued of the two. This isn't necessarily negative—it simply highlights that the other home is larger and assessed higher, but it also may position this property as a relative value on the street.
4. Is a 1986-built home considered modern or dated?
Built 40 years ago, the home is newer than most in Kirkfield (top 4%) and slightly newer than the Winnipeg average. While not a new build, its systems and structure are more contemporary than many in the area, though updates (like the basement renovation) will influence its modern feel.
5. How can I get the exact historical sold price?
The listed sold price is a public data range. The site offers to provide the exact figure via a manual email service. You can submit your email to receive the precise amount, with a promise of same-day response and no unsolicited marketing.