Property Overview: 46 Lafortune Bay, Meadowood, Winnipeg
Key Characteristics & Appeal
This 1,255 sqft bungalow, built in 1985, sits on a 4,997 sqft lot in the established Meadowood neighbourhood. Its core appeal lies in its strong positional value. While the home itself is slightly smaller than others on Lafortune Bay, it stands out for its above-average assessed value and newer construction relative to its immediate area and the wider city. This suggests a well-maintained property in a desirable pocket of Meadowood.
The data reveals a thoughtful perspective: this home represents a "sweet spot" of modernized infrastructure for its area without the premium of a maximum-sized lot. It suits practical buyers looking for a solid, move-in-ready foundation in a mature neighbourhood—ideal for downsizers, small families, or investors seeking a property with proven value appreciation, as indicated by its significant sold price increase between 2020 and 2022.
Frequently Asked Questions
1. How does this home's size compare to the neighbourhood?
While the living area is below the street average, it is notably above the average for the broader Meadowood area. This indicates the home offers more interior space than many in the community, but on a street where larger homes are common.
2. What does the assessed value ranking tell me?
The assessment is in the top 9% for Meadowood and top 28% city-wide, which is a strong indicator of the property's perceived worth by the municipal assessor relative to similar homes, often reflecting updates, condition, and desirability.
3. The lot is smaller than others on the street. Is that a concern?
The lot size is below the street average but is typical for Meadowood overall. This often translates to less yard maintenance while still providing decent outdoor space, which can be a practical advantage for many buyers.
4. The home sold in 2020 and again in 2022. What does that history suggest?
The sold price range increased significantly between those two sales, indicating a strong market appreciation during that period. For a precise sold price to understand the exact trend, you can request the information via email on the listing page.
5. Who might this property be a particularly good fit for?
It's an excellent match for buyers who prioritize a home's condition and modern build year over having the largest lot on the block. Its rankings suggest it delivers above-average value for the neighbourhood, making it a efficient entry into a well-regarded area.