Property Overview: 2 Park Meadows Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kirkfield is a property of interesting contrasts. Its key characteristic is a recently renovated basement, adding modern living space to a solid 1986-built structure. With 1,648 sqft of living area and an attached garage, it offers practical, single-level living.
The appeal lies in its strong positional value within a broader context. While it is one of the smaller and lower-assessed homes on its own street (Park Meadows Drive), this same profile makes it a standout value within the wider Kirkfield neighborhood and across Winnipeg. Here, it ranks well above average for both size and assessed value compared to local and city-wide peers. The lot size is generous for the city, offering ample outdoor space.
This home would suit pragmatic buyers looking for value and space in a established neighborhood. It’s ideal for those who prefer single-level living or appreciate the potential of a move-in-ready, renovated basement. It represents an opportunity to own a home that feels modest on its immediate block but is actually a sizeable and valuable asset within the community and city.
Section 2: Frequently Asked Questions
1. How does this home really compare to others in the area?
While it’s on the lower end for its specific street, it ranks in the top 25% for living area and the top 11% for assessed value within the larger Kirkfield neighborhood. This suggests it offers more house for your money compared to many area alternatives.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, the presence of proper permits, and whether it includes a secondary suite or additional bedrooms.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value for tax purposes is $58.40k, but recent sales data shows the home sold for between $73.5k and $76.5k in mid-2024. Market conditions and property improvements often cause sale prices to differ from the official assessment.
4. How does the age of the home (1986) affect things?
Built 40 years ago, the home is newer than the average Winnipeg house. This can be an advantage, potentially meaning fewer major systems (like roofing or windows) are at the very end of their lifespan compared to much older stock, but all components should still be professionally inspected.
5. Why is there a range given for the past sold prices?
The provided sold price ranges are estimates based on public data. To obtain the exact sale price history, you must request it directly from the listing service via the provided email option, as this information is not fully disclosed in public records.