Property Overview
38 Lodgepine Bay is a well-established bungalow in Winnipeg's Meadowood neighbourhood. Built in 1975, it sits on a generous 6,732 sqft lot and offers 1,040 sqft of living space. The home last sold in 2024 for an estimated $350k–$400k, with a current assessed value of $37,900.
Key Characteristics & Appeal
This property represents a classic, no-frills Winnipeg home. Its primary appeal lies in its spacious lot, which is notably larger than many others in Meadowood and across the city, offering above-average outdoor space. The house itself is of average size for the area, providing a practical layout for daily living. As one of the newer homes on its street, it may benefit from relatively updated core systems compared to immediate neighbours.
It’s a home that suits practical buyers looking for value and space in a mature neighbourhood. First-time homeowners, small families, or downsizers seeking a manageable house with a sizeable yard for gardening, pets, or quiet outdoor living will find it aligns with their needs. Its average assessments and recent sale price suggest it’s positioned as an affordable entry into a stable community, rather than a luxury purchase.
Frequently Asked Questions
1. How does the lot size compare to others?
The lot is a key feature. At 6,732 sqft, it is larger than approximately 86% of lots in the Meadowood area and 81% of lots citywide, offering significant outdoor space.
2. Is the house newer or older than those around it?
Built in 1975, it is actually one of the newer homes on Lodgepine Bay, ranking in the top 15% for year built on its specific street.
3. What is the neighbourhood like?
Meadowood is a mature, established neighbourhood with homes primarily from the 1970s. The property's metrics—like living area and assessed value—consistently rank around the middle compared to its neighbours, indicating a typical, uniform streetscape.
4. Why is there a range for the 2024 sold price?
The exact sale price is not publicly disclosed in Manitoba. The range provided is an estimate based on available data. You can request the exact price by emailing the listing service.
5. How does the assessed value relate to market price?
The assessed value ($37,900) is for municipal tax purposes and is typically much lower than the market value (as indicated by the $350k–$400k sale price). Market value is determined by recent sales of comparable homes, location, and condition.