Property Overview & Key Characteristics
This home at 139 Tychonick Bay in the Meadows neighbourhood presents a specific value proposition. Built in 2011, it is a notably modern home within its wider area, ranking in the top 5% for year built in Meadows. The 1,236 sqft living space is compact compared to others on its own street but is very close to the average size for both the neighbourhood and Winnipeg overall. Its standout feature is its assessed value, which is well above average for both Meadows (top 17%) and city-wide comparisons (top 20%), suggesting strong municipal valuation relative to many peers. The lot is a standard, manageable size for the area.
The appeal lies in acquiring a relatively newer, low-maintenance home in a mature neighbourhood without a premium price tag for excessive square footage. It suits first-time buyers, downsizers, or practical investors seeking a modern build in a settled community. A thoughtful perspective is that while it is one of the smaller homes on its specific street, this translates to efficiency and lower utility costs, and its above-average assessment in broader comparisons could indicate solid underlying value for the property itself.
Frequently Asked Questions
1. Is this a small house?
It depends on the comparison. At 1,236 sqft, it is below average for its immediate street but is very close to the average size for both the Meadows neighbourhood and the entire city of Winnipeg.
2. Why is the assessed value considered above average?
The home’s municipal assessed value ranks in the top 17% within Meadows and top 20% city-wide. This suggests that, compared to a broad range of homes, the property holds a higher valuation, which can be influenced by factors like its modern build year (2011) and location.
3. How old is the property?
The home was built in 2011, making it approximately 15 years old. This is considered newer, placing it in the top 5% of homes by build year within the Meadows neighbourhood.
4. What was it last sold for?
Public records indicate a sale between CA$350,000 and $400,000 in 2019. For the exact historical sold price, you can request details via email from the listing source.
5. How does the lot size compare?
The land area is 4,959 sqft. This is around the average for Tychonick Bay, the Meadows neighbourhood, and Winnipeg overall, representing a standard urban residential lot.