Property Overview: 4 Brentford Road, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 1975-built home in Meadowood presents a practical and affordable entry point into Winnipeg’s housing market. Its key characteristic is its modest scale, with 820 square feet of living space on a 3,499 sqft lot, placing it below the average size for the street, neighbourhood, and city. The assessed value is notably low, reflecting this compact footprint.
The primary appeal lies in its value proposition and manageability. It suits first-time buyers seeking a lower financial barrier to entry, downsizers looking to simplify without leaving the neighbourhood, or investors searching for a rental property with a relatively low tax assessment. A thoughtful perspective is that a home of this size and vintage on a standard lot offers a clear canvas; it represents an opportunity to renovate and expand over time, potentially adding value in a well-established area where larger lots are a finite resource. Its "around average" year-built ranking on the street suggests it fits the area's character, potentially simplifying maintenance with similar-aged homes nearby.
Section 2: Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. It primarily reflects the home's smaller size and modest specifications compared to local averages. A lower assessment typically translates to lower property taxes, which is a recurring cost savings for the owner.
2. How does the living area compare to nearby homes?
At 820 sqft, the living area is compact. It ranks in the bottom 30% on its street (avg. 989 sqft) and bottom 20% in the broader Meadowood area (avg. 1,114 sqft). This indicates a cozier layout, which may be ideal for minimalists but could feel tight for those needing more space.
3. What does the sold price history indicate?
Public records show it last sold between $250,000 and $300,000 in 2019. This historical price, combined with the current low assessed value, suggests it may be positioned below typical market averages, but exact current valuation requires a professional appraisal or market analysis.
4. Is the lot size a limitation?
The lot is slightly below average for Meadowood but is a standard city parcel. It provides adequate outdoor space for a patio, garden, or small addition. For the street itself, its size is much closer to the norm, ranking near the middle.
5. Who might this property not suit?
It may not be ideal for growing families requiring multiple bedrooms and ample living space, or for buyers seeking a move-in-ready home with modern, open-concept layouts, as significant updates may be desired given its age and size.