Property Overview: 66 Sterling Avenue, Meadowood, Winnipeg
Key Characteristics & Appeal
This 1,194 sqft bungalow, built in 1963, sits on a notably generous 9,008 sqft lot in the Meadowood neighbourhood. Its primary appeal lies in the balance it strikes between a comfortable living space and a substantial, above-average yard for the area—the lot size ranks in the top 7% locally. This creates significant potential for outdoor living, gardening, or future expansion.
While the home itself is older than most in Meadowood, its assessed value of $380k is positioned around the city-wide average. The data suggests you are paying primarily for the land and location here, rather than a recently updated or large interior. The last known sale was between $300k-$350k in 2020.
This property would best suit a practical buyer who values private outdoor space over a modern, turn-key interior. It’s a candidate for those comfortable with a home that may require updates, or for a long-term holder who sees value in the sizable lot. It’s less suited for someone seeking a newer home or the largest interior space on the block.
Frequently Asked Questions
1. Is the lot size a major advantage?
Yes. The lot is significantly larger than the average for both Meadowood and Winnipeg overall, offering more privacy and space than most properties in its price range.
2. How does the home’s age affect its value?
Built in 1963, it is older than 97% of homes in Meadowood. This typically means potential for older systems (roof, plumbing, wiring) and a need for modernization, which is likely reflected in its assessed value being below average for its specific street.
3. What does the assessed value tell me about the price?
The $380k assessment is around the city average. Given the older home on a large lot, this valuation often indicates the land comprises a substantial portion of the worth. The sale price will depend on the home's current condition and market factors.
4. How does the living space compare to the neighbourhood?
At 1,194 sqft, the living area is above average for Meadowood but slightly below average for houses on Sterling Avenue itself. It offers a comfortable footprint, but the standout feature remains the lot, not the home's square footage.
5. Where can I see more detailed comparisons?
You can open the neighbourhood analysis page (linked in the full details) to see this property on a map alongside nearby homes, comparing year built, living area, assessed value, and lot size visually. For the exact historical sold price, you can request it via email from the listing.