Property Overview: 153 Meadow Gate Drive, Winnipeg
Key Characteristics & Appeal
This home at 153 Meadow Gate Drive in the Meadows neighbourhood presents a compelling value proposition centered on space and established community. Built in 1978, its primary strength is its generous 1,458 sqft living area, which ranks in the top 6% on its own street and offers more space than many comparable homes in the immediate area. The lot is a standard suburban size at just over 5,000 sqft. Its assessed value is above average for the street but aligns with broader area norms.
The appeal lies in securing a well-sized home in a mature, settled neighbourhood. It suits practical buyers looking for room to grow without paying a premium for a newer build, and who value the character and stability of an established area. A thoughtful perspective is that while the home is older than many in the wider Meadows area, its above-average size for the street suggests it was likely a premium model in its time, potentially offering better layouts or materials than some neighbouring properties. It’s ideal for someone who prioritizes interior space over a brand-new renovation and appreciates a home with a proven history in the market.
Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1978, the home is older than many in the Meadows area. This typically means maintenance items like the roof, windows, and major systems should be carefully evaluated. However, its enduring value is reflected in its solid assessed value ranking on the street.
2. Is the assessed value an accurate indicator of the likely selling price?
The assessed value is for municipal tax purposes and is a starting point. The home last sold between $300k-$350k in 2016. The current market value will depend on updates, condition, and market trends, so comparing recent sales of similar-sized homes in the area is essential.
3. What does it mean that the living area is in the "top 6%" on the street?
This statistic indicates that this home has more interior space than 94% of the 63 comparable homes on Meadow Gate Drive. It’s a standout feature for the location, suggesting a potentially more spacious layout than immediate neighbours.
4. How does the lot size compare?
At 5,099 sqft, the lot is very close to the average for both the street and the Meadows area. It provides a standard suburban yard space but is not an unusually large or small parcel for the community.
5. Where can I see more detailed context about the neighbourhood?
You can open the dedicated neighbourhood analysis page for a map view to compare this property with nearby houses based on year built, living area, assessed value, and lot size.