Property Overview: 77 Homewood Drive, Winnipeg
Key Characteristics & Appeal
This home at 77 Homewood Drive in Meadowood presents a compelling opportunity for buyers seeking above-average space and a well-established setting. Built in 1981, the property is notably newer than many homes in Winnipeg, placing it in the top 15-20% for its age locally. Its primary appeal lies in its generous 1,665 sqft of living area, which ranks within the top 6% of the Meadowood area and offers significantly more space than the neighbourhood average. The lot size of 5,600 sqft is consistent with typical area properties, providing a balanced outdoor space without excessive maintenance.
The home’s assessed value is strong for its immediate area, ranking in the top 10% in Meadowood, suggesting it is a substantial property within the community. Historical data indicates a sale between $300k-$350k in 2019. This profile suits buyers who prioritize interior space over a massive yard, and who value a home that stands out in its neighbourhood for size and relative modernity. It’s ideal for a growing family or anyone looking for a established, spacious home without venturing into the premium price tiers of newer subdivisions.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
The living area is a key strength. It’s larger than approximately 94% of homes in Meadowood and 85% of homes on its own street, offering more interior space than the vast majority of its direct competitors.
2. What does the assessed value ranking tell me?
Ranking in the top 10% for assessed value in Meadowood indicates the municipality views this as one of the more substantial properties in the area, which can be a positive signal for underlying value and potential equity, though market price is determined by current conditions.
3. The home was built in 1981. What should I consider?
While newer than the city and area averages, a 45-year-old home will likely have had several major components, like the roof, windows, or furnace, updated or nearing their lifespan. A thorough inspection is essential to understand the current condition and any upcoming capital needs.
4. Is the lot size a pro or a con?
At 5,600 sqft, the lot is very typical for the area—neither a standout feature nor a drawback. It suits buyers who want a manageable yard for gardening or recreation without the upkeep of a much larger parcel. If a sprawling lot is a priority, this may not meet that need.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The exact sale price from 2019 is available by request from the listing service via email, as noted on the detail page. They provide this data manually and typically respond by the end of the same business day.