Property Overview & Key Characteristics
This home at 55 Sterling Avenue in Meadowood presents a compelling blend of space, modernity, and value. Built in 2004, it is a notably newer property compared to most in its neighbourhood and across Winnipeg, placing it in the top 5% for year-built in Meadowood. This suggests less immediate need for major system updates and potentially more contemporary layouts.
Its primary appeal lies in the combination of a generous 10,804 sqft lot—which ranks in the elite top 5% both for the area and city-wide—and comfortable 1,474 sqft of living space. While the house size is above average for Meadowood, the true standout is the land. The property offers significant outdoor space, a rarity in modern subdivisions. The assessed value is consistently strong, ranking in the top 2% for the area, indicating it is a high-value asset within its immediate market.
This property would suit buyers looking for a modern home on a large, private lot without moving to a remote suburb. It’s ideal for those who value outdoor room for gardening, recreation, or future expansion. The strong assessment history also makes it a sensible choice for value-conscious buyers seeking a home with proven stability in its peer group.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is exceptionally large. At 10,804 sqft, it is nearly double the average lot size in the Meadowood area and ranks in the top 5% city-wide, offering substantial outdoor space.
2. What does the "Elite" ranking for Year Built mean?
Built in 2004, this home is significantly newer than most. It ranks in the top 5% for its neighbourhood, where the average home was built around 1978. This typically translates to newer construction materials, wiring, plumbing, and building codes.
3. The last sold price is shown as a range. How can I get the exact figure?
The exact sold price is available upon request. You can provide your email using the form on the page, and the precise historical sale data will be sent to you manually, with no marketing spam.
4. The assessed value seems low. Is that accurate?
The assessed value shown (e.g., $54.90k) is likely the land assessment portion only, not the total property assessment. The context indicates it ranks highly compared to averages (like $37.60k in Meadowood), confirming it's a high-value property. Total market value would be significantly higher, as reflected in the recent sold price range.
5. What is the immediate neighbourhood like?
The listing shows several nearby properties on Sterling Avenue, suggesting a well-established, mature street. The detailed neighbourhood analysis map can provide deeper insight into the mix of home ages, sizes, and values directly surrounding this property.