Property Overview: 244 Knightsbridge Drive, Meadowood, Winnipeg
Key Characteristics & Buyer Appeal
This 1972-built home in Meadowood presents a practical and affordable entry point into Winnipeg’s housing market. With 924 square feet of living space on a 3,049 sqft lot, its key characteristic is its modest, manageable scale. The appeal lies in its financial accessibility, as evidenced by its below-average assessed value for the area and its recent sale within the $300k–$350k range. This positions it well for budget-conscious buyers.
The home suits first-time buyers or downsizers seeking a lower-maintenance property without the premium price tag of larger, newer builds. A thoughtful perspective is that while its size and lot are smaller than many area averages, this translates to lower utility costs, less upkeep, and a clearly defined footprint—benefits for those prioritizing simplicity and cost predictability. Its ranking on its own street is consistently middle-of-the-pack, suggesting it fits neatly into an established, stable neighbourhood context without standing out as an outlier.
Frequently Asked Questions
1. How does this home’s value compare to the wider Winnipeg market?
The assessed value and recent sold price are significantly below the city-wide average, offering a more affordable option within the city limits.
2. Is the living space suitable for a small family?
At 924 sqft, the living area is compact. It is below the neighbourhood average and would best suit individuals, couples, or a very small family comfortable with efficient use of space.
3. What does the “below average” ranking for lot size in Meadowood mean?
The lot is 3,049 sqft, which is smaller than many in the broader Meadowood area. This typically means a smaller yard for maintenance and outdoor space, but also potentially less time and money spent on landscaping.
4. The home was built in 1972. What should I consider?
As a home from the early 1970s, prospective buyers should pay close attention to the condition of major aging components during an inspection, such as the roof, windows, plumbing, and electrical systems, which may be due for updates or replacement.
5. How can I find out the exact price it sold for in 2024?
The provided sold price is a public data range. You can obtain the exact sale price by emailing the listing service via the “Get exact sold price history” button on the property page. They provide this detail manually without marketing spam.