Property Overview: 45 Bernadette Avenue, Meadowood
Key Characteristics & Appeal
This 1,120 sqft bungalow, built in 1976, presents a practical opportunity in Winnipeg's Meadowood neighbourhood. Its core appeal lies in its balance of space and value. The living area is comfortably average for both the street and the wider city, suitable for a small family, couple, or downsizer. A notable strength is the 6,243 sqft lot, which is significantly larger than many lots in Meadowood and across Winnipeg, offering valuable outdoor space and potential.
The home’s assessed value is positioned efficiently: it sits above average for the Meadowood area, suggesting good value within this specific community, yet is below average for its immediate street. This creates an interesting dynamic—you may get more house and land for your dollar here than on many other streets, but should be mindful of the specific context of Bernadette Avenue. The property last sold between $300k-$350k in 2019.
This home would best suit a value-conscious buyer who prioritizes a generous yard over a premium street position within the neighbourhood. It’s a solid candidate for someone looking for a manageable, established home with room to garden, entertain outdoors, or potentially expand in the future, all while staying within a reasonable budget for the area.
Frequently Asked Questions
1. How does the lot size compare to others?
The lot is a key feature. At over 6,200 sqft, it is larger than approximately 81% of lots in Meadowood and 74% of lots citywide, offering substantial outdoor space that is less common in newer developments.
2. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value shown (~$390k) includes all property types and areas. This home’s assessment ($40.40k for the building) is more meaningfully compared to its local area, where it ranks above average (in the top 24% of Meadowood), indicating it represents good value within its specific market.
3. What does the "below average" ranking for the street mean?
For metrics like assessed value and land area, this home ranks in the lower third (9th of 11 homes) on Bernadette Avenue itself. This suggests that lots on this street are generally large, and values may be higher at other properties on the block. It highlights the importance of comparing the home to the broader neighbourhood, where it stands out more favorably.
4. Is a 50-year-old home a concern?
Built in 1976, the home is of a typical age for much of Winnipeg's housing stock. Its ranking is around the middle compared to neighbours, meaning major systems like roof, windows, or furnace may be at or approaching a stage where updates are considered. A thorough inspection is advised to understand the condition and any upcoming capital costs.
5. How can I find out the exact past sale price?
The precise sold price is not publicly listed. The provided range ($300k-$350k for the 2019 sale) is based on public data estimates. You can request the exact historical sale price by emailing the listing service through the provided form; they manually provide the figure without requiring a login or subscription.