Property Overview: 140 Cambie Road, Meadows, Winnipeg
Key Characteristics & Appeal
This 1,120 sqft bungalow, built in 1984 on a 5,404 sqft lot, presents a solid, above-average offering within its immediate neighbourhood. Its primary appeal lies in its strong standing on Cambie Road itself, where it ranks in the top 30% for living space and the top 18% for assessed value ($390k) among 87 comparable homes. This suggests a property that is both well-sized and well-regarded relative to its direct peers. The lot size is generous for the street, and the home is newer than most on the block.
The data paints a picture of a home that offers more value and space than its immediate neighbours, while being competitively aligned with the broader Meadows area and city averages. It would suit a practical buyer looking for a established home in a mature neighbourhood, who values a property that stands out positively on its own street. It's also a sensible option for those who appreciate clear, data-backed metrics showing the home's relative strength in its micro-location, which isn't always obvious from a listing alone.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it is a standout on its own street. It has more living area than 70% of comparable homes on Cambie Road and a higher assessed value than 82% of them. In the wider Meadows area and city, it sits comfortably around the average, meaning it offers strong local value without being an outlier in the broader market.
2. What does the sold price history indicate?
The home sold between $350k-$400k in 2021. This sale price ranked in the top 21% for its street at the time, reinforcing the trend that this specific property has historically commanded a premium compared to its direct neighbours.
3. The home was built in 1984. What should I consider?
While 42 years old, it is actually newer than 93% of similar homes on Cambie Road. This suggests many systems (like roof, windows, furnace) may have been updated more recently than in neighbouring houses, but a thorough inspection is still essential to understand their current age and condition.
4. Is the lot size a pro or a con?
At over 5,400 sqft, the lot is larger than average for both the street and the Meadows area. This is a definite advantage for outdoor space, gardening, or potential additions, but it also means correspondingly higher maintenance than a smaller lot.
5. How can I get the exact historical sold prices?
The precise sale figures are not published publicly. You can request them directly via the email button on the listing page. The service provides the accurate data manually at no cost and does not use your email for marketing spam.