Property Overview: 74 Dells Crescent, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 74 Dells Crescent presents a solid, average-sized offering in the established Meadowood neighbourhood. Built in 1978, it is notably newer than many homes on its own street, which can be a practical advantage regarding the potential age of major components like roofing or windows. With 1,071 sqft of living space and a 5,069 sqft lot, the property sits comfortably within the mid-range for the area, neither the largest nor the smallest. Its assessed value is consistent with local norms.
The appeal here is one of balance and practicality. It suits a first-time homebuyer or a downsizer looking for a manageable property in a mature community without the premium price of a newer subdivision or a larger lot. A thoughtful perspective is that a home which is "around average" in several metrics can offer stability and predictability, making it easier to value and less subject to market extremes. The lot, while below average for the street, is still a good size for low-maintenance outdoor space. The recent sale history (2019) within the $300k-$350k range provides a concrete recent benchmark for value.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
The home is newer than most on Dells Crescent (ranking in the top 11%), but the lot size is smaller than the street average. The living area and assessed value are both around the street's median, making it a very typical home for the crescent in those respects.
2. Is the assessed value an accurate reflection of market value?
The assessed value ($37.90k for tax purposes) is a standardized municipal calculation and is typically much lower than actual market value. Market value is better gauged by recent sale prices, like the home's last sale in 2019 for between $300,000 and $350,000, and by comparing current listings.
3. What might the "newer than street average" build year mean for me?
A 1978 build date suggests major systems like plumbing, electrical, and the roof may have been updated more recently than in older neighbourhood homes, but they are still 48 years old. It highlights the importance of a thorough inspection to understand the current condition and any updates made since construction.
4. How does the lot size impact the property?
At just over 5,000 sqft, the lot is functional but not expansive. This could be a positive for those seeking easier yard maintenance. However, it's worth noting it's one of the smaller lots on Dells Crescent itself, which may affect future resale value relative to immediate neighbours.
5. Where can I see more detailed neighbourhood data?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes with comparative data for year built, living area, assessed value, and lot size. This helps visualize where the property fits within the immediate area.