Property Overview: 32 Homewood Drive, Winnipeg
Key Characteristics & Appeal
This home at 32 Homewood Drive in Meadowood presents a solid, middle-of-the-road opportunity in the Winnipeg market. Built in 1981, it is notably newer than many homes on its street and in the broader neighbourhood, which may suggest updated building materials or systems compared to immediate peers. With 1,108 sqft of living space and a 5,584 sqft lot, its size is consistently average for the area, offering a practical footprint for a smaller family, couple, or first-time buyer.
The appeal lies in its stability and relative value within Meadowood. Its assessed value ranks above average for the neighbourhood, indicating it is viewed favorably compared to local properties, while being more modest city-wide. This positions it as a potentially sensible entry point into a stable community without a premium price tag. The home would suit pragmatic buyers looking for a move-in ready foundation in an established area—those who prioritize a fair assessment and a newer build year over having the largest house on the block. A thoughtful perspective is that its consistent "average" rankings across key metrics suggest lower volatility and predictable utility, which can be an advantage for long-term planning.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $40,300 is for municipal tax purposes. The last known sold price range (2021) was between $350,000 and $400,000. Market conditions and property improvements since then will determine the current listing price.
2. Is the house older or newer than others in the area?
The home was built in 1981. It ranks in the top 15% on its street for year built, meaning it is significantly newer than most direct neighbours. It is also newer than the average home in both Meadowood and Winnipeg overall.
3. What does the "above average" assessed value ranking for the neighbourhood mean?
This means the municipal assessment for this home is higher than approximately 75% of comparable properties in Meadowood. It can indicate the property has features or conditions that the city assessor views favorably compared to others in the immediate area.
4. How can I find out the exact historical sale prices?
The provided sold price data is a range from public records. You can request the exact sale history by emailing the listing service via the "Get exact sold price history" button; they provide this information manually.
5. Are there similar homes nearby for comparison?
Yes. The listing references nearby properties on Homewood Drive and Willowmeade Crescent. For a detailed visual comparison of year built, size, and value with neighbouring houses, you can open the dedicated neighbourhood analysis map linked on the page.