Property Overview: 463 Novavista Drive, Meadowood
Section 1: Key Characteristics & Appeal
This 1,147 sqft bungalow, built in 1986, presents a practical and well-situated home in Winnipeg's Meadowood neighborhood. Its key appeal lies in offering above-average interior space for its immediate street and local area, providing more room than many comparable nearby homes. The 1986 build date is also notably newer than most homes in the wider city and area, suggesting potentially fewer immediate major upkeep concerns relative to the aging housing stock.
The property sits on a 3,598 sqft lot, which is generous for Novavista Drive but more compact compared to larger lots typical in other parts of Meadowood and the city. This creates a lower-maintenance yard—a benefit for those not seeking extensive gardening or outdoor space. The assessed value is modest relative to the broader city, positioning it as an accessible entry point into the market.
This home would best suit first-time buyers or downsizers seeking a move-in-ready, space-efficient bungalow without a large yard to manage. It’s a pragmatic choice for someone who values living area and a newer build over a large lot, and who wants a home that stands out positively within its own micro-neighborhood on Novavista Drive.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average on Novavista Drive for living space, lot size, and year built. This means you're getting a newer and more spacious home compared to most direct neighbors.
2. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value for tax purposes is often lower than market value. This home's assessed value is around the city average but below the average for the broader Meadowood area, which may reflect its more compact lot. The last known sale was between $250k-$300k in 2017.
3. What does "below average" for lot size in Meadowood mean for me?
While the lot is a good size for the street, it's smaller than the typical Meadowood property. This translates to less outdoor maintenance but may mean less privacy or space for additions like a large deck or shed compared to other area homes.
4. Are there any obvious concerns with a home built in 1986?
A 40-year-old home is past its original warranty period, so the roof, major appliances, and systems (furnace, windows) may be nearing or past their typical lifespans. A thorough inspection is advised, though the newer build date is a relative advantage.
5. How can I find out the exact past sale prices?
The provider offers a manual service to email the exact sold price history upon request, as the public data only shows ranges. You can submit your email on the listing page to receive this information.