Property Overview: 50 Gascon Road, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1975, presents a solid, no-surprises opportunity in the Meadowood neighbourhood. Its primary appeal lies in its balance and lot size. While the living space is squarely average for the street and area, the property stands out for its 5,134 sqft lot, which ranks in the elite top 5% on Gascon Road. This offers above-average outdoor space for the immediate locale, a valuable asset for gardening, play, or future expansion.
The home’s assessed value is notably above average for the street, suggesting it may have features or condition that set it apart from its closest neighbours. For a buyer, this indicates a property that holds its own in a direct comparison. It last sold between $350k-$400k in 2021, a price point that performed better than many in the wider Meadowood area at the time.
This home would suit a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values a established neighbourhood with consistent, middle-of-the-road metrics. It’s for someone who sees potential in a larger-than-standard lot on the street and prefers a home that is neither the newest nor the smallest, but offers a stable foundation in a mature community.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
Its assessed value ranks 4th highest out of 19 homes on Gascon Road, placing it in the top 21%. This suggests it is likely in good condition or has features that are valued above the street’s average.
2. What is the significance of the lot size?
At 5,134 sqft, the lot is the largest among the 19 homes on Gascon Road (top 5%). This is the property's most distinctive statistical feature, offering more private outdoor space than most immediate neighbours.
3. Is the living space typical for the area?
Yes. At 1,040 sqft, the living area is very close to the average for both Gascon Road (1,042 sqft) and the broader Meadowood neighbourhood (1,114 sqft). It provides standard-sized accommodation for the area.
4. When was it last sold, and for how much?
The home sold in 2021 for a price between $350,000 and $400,000. This sale price performed better than roughly 74% of comparable sales in Meadowood at the time.
5. How can I find out the exact historical sold price?
The precise sale price is not publicly listed in the detail view. You can request it by email via the button on the property page. The service is manual, with a same-day response aim, and your email is not used for marketing spam.