Property Overview & Key Characteristics
This two-storey home on a generous 7,279 sqft lot in Meadowood offers a blend of established neighbourhood charm and notable standing within its immediate area. Built in 1975, its key appeal lies in its above-average land size, which ranks in the top 5% on its street, providing ample outdoor space. The home features a renovated basement and an attached garage. While the living area (1,152 sqft) is comfortably sized, the property’s standout metrics are its lot dimensions and its position as one of the newer homes on the block, ranking in the top 2% by year built on its street.
The home would suit buyers looking for a solid, established property with a premium-sized lot in a mature neighbourhood. It’s ideal for someone who values outdoor space over a massive interior footprint and appreciates a home that compares favourably in specific, key areas against its direct neighbours. The renovated basement adds functional living space, making it a practical choice for small families, downsizers seeking a manageable yard, or investors attracted to its stable Meadowood location.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is 7,279 sqft, which places it in the top 15% of all properties in Winnipeg for land area, making it a notably spacious parcel for the city.
2. Is the home considered newer or older for the neighbourhood?
Built in 1975, it is actually one of the newer homes on its specific street, ranking in the top 2%. Within the broader Meadowood neighbourhood, its age is roughly average.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would require clarification during a viewing to understand the quality and scope of the work.
4. How does the assessed value relate to the asking price?
The assessed value is $37,800. It’s important to note that municipal assessments are for tax purposes and often differ from current market value. A comparative market analysis would provide a clearer picture of the asking price’s positioning.
5. The living area seems modest for a two-storey. How is the space distributed?
At 1,152 sqft, the living area is efficient. The two-storey design typically separates sleeping areas from common living spaces. The generous lot size also means the property offers a significant amount of usable outdoor space that effectively extends the living area during warmer months.