Property Summary: 101 Tommy Douglas Drive, Winnipeg
Key Characteristics & Appeal
This home at 101 Tommy Douglas Drive in the Meadows neighbourhood is a standout property defined by its modern build and strong valuation. Built in 2011, it is among the newest homes in its immediate area and the wider Meadows community, offering the benefits of contemporary construction standards and likely lower immediate maintenance needs. With 1,560 sqft of living space, it provides ample room, ranking well above average for both the city and its neighbourhood.
The primary appeal lies in its exceptional assessed value of $410,000, which places it in the top tier (top 1%) for the Meadows area. This indicates a property that is highly valued relative to its peers, suggesting desirable features, finishes, or lot characteristics not fully captured in the basic metrics. Its past sale prices also consistently performed well above area averages.
This property would suit buyers looking for a modern, move-in-ready home in a well-established neighbourhood, who value a property with a strong and growing equity position. It’s particularly suited for those who prioritize a newer build to avoid the surprises of older homes, and for investors or owners who recognize the value of owning one of the most highly-assessed properties in the community.
Frequently Asked Questions
1. What does the high assessed value actually mean for me?
A high assessed value, especially one that ranks in the top 1% of the neighbourhood, typically reflects the city’s estimation of the property’s market worth relative to others. It can be a sign of above-average finishes, lot size, or improvements, and often correlates with stronger property value retention.
2. The living area is slightly below the street average. Should I be concerned?
Not necessarily. While it’s just under the average for Tommy Douglas Drive itself, it’s important to note that this street appears to consist of larger-than-average homes. This property’s size is significantly above the averages for both the Meadows area and the entire city, indicating it is a spacious home by most comparisons.
3. How does the year built (2011) benefit me practically?
A 2011 build means major components like the roof, furnace, windows, and appliances are likely still within or just exceeding their typical lifespan, potentially deferring major capital expenses for several years compared to an older home.
4. The sold price history shows ranges. How can I get the exact figures?
Exact sold prices are provided manually upon request to ensure accuracy. You can submit your email via the form on the property page to receive the precise history, with a commitment to respond by the end of the same day without using your information for marketing spam.
5. The home sold in 2017 and 2021. What does this turnover suggest?
The previous sales in 2017 and 2021 indicate a four-year ownership period last cycle. This is not an unusually short timeframe and may reflect typical life changes like job relocation or upsizing. The consistent above-average sale performance in both transactions underscores the property’s maintained market appeal.