Property Summary: 335 Meadowood Drive
Section 1: Key Characteristics & Appeal
This home is a practical, entry-level property in Winnipeg's Meadowood neighbourhood. Its key appeal lies in its affordability and efficiency, rather than size or luxury. At 826 sqft, the living space is notably compact, ranking below average for the street, neighbourhood, and city. This makes it one of the smaller homes on the block, suggesting a cozy, low-maintenance interior layout.
The assessed value is modest and aligns closely with the immediate street average, indicating it is priced appropriately within its most direct peer group. The lot size of 3,148 sqft is also relatively modest for the area, offering a manageable yard. A notable characteristic is the home's year of construction (1974), which is newer than most on its specific street, potentially implying somewhat updated infrastructure compared to immediate neighbours.
This property would best suit first-time buyers, downsizers, or investors seeking an affordable entry point into the Winnipeg market. Its value proposition is straightforward: a functional home with lower carrying costs. A thoughtful perspective is that its smaller scale and newer-build status for the street could mean relatively lower immediate repair costs compared to older, larger homes in the area, allowing owners to allocate funds to personal updates over time.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
Based on the data, the home's assessed value is very close to the average for Meadowood Drive itself, suggesting it is fairly typical for its immediate surroundings. Its value is below the broader neighbourhood and city averages, which is the primary source of its affordability.
2. How does the home's size compare to others?
The living area is below average at every comparison level—street, neighbourhood, and city. Buyers should expect a compact floor plan suitable for one or two people.
3. What does the "newer" year built mean for this street?
Built in 1974, this home is newer than over 93% of the comparable homes on Meadowood Drive. While still 52 years old, this could indicate systems like wiring or plumbing are a generation newer than many neighbours', though a specific inspection is always needed.
4. What was the last sold price?
Public records show it sold for an estimated $250k–$300k in 2020. For the exact sale price, you can request the information via email from the listing source.
5. How does the lot size impact potential?
At 3,148 sqft, the lot is smaller than most in the wider Meadowood area. This means less exterior maintenance but may limit possibilities for large additions or extensive landscaping compared to properties on larger lots nearby.