Property Overview: 154 Cambie Road, Winnipeg
Key Characteristics & Appeal
This home at 154 Cambie Road in the Meadows neighbourhood presents a practical and competitively positioned offering. Built in 1984, it is notably newer than many homes on its own street and across Winnipeg, which can be an advantage for maintenance and system updates. With 1,120 sqft of living space, it offers more room than the typical home on Cambie Road, while sitting on a generous 5,403 sqft lot that provides ample outdoor space relative to the immediate area.
Its primary appeal lies in its balanced, middle-ground positioning. The assessed value is modest compared to the broader Meadows area, which may indicate a lower property tax burden and an accessible entry point into the neighbourhood. This isn’t a standout luxury property, but rather a solid, above-average home for its specific street in terms of size and age. It would suit first-time buyers or practical-minded investors looking for a well-sized lot and a home that isn’t the oldest on the block, without a premium price tag. The data suggests it’s a home that offers more space and newer construction than its direct neighbours, making it a sensible choice for value-focused buyers.
Frequently Asked Questions
1. How does the assessed value affect my property taxes?
A lower assessed value relative to the area average generally leads to a lower municipal property tax bill. This home’s assessment is below the Meadows average, which could translate to ongoing tax savings.
2. The home was built in 1984. What should I budget for updates?
While newer than many city homes, a 40-year-old property likely has original or aging major components. Prospective buyers should consider budgeting for potential updates to the roof, windows, and major mechanical systems like the furnace or water heater in the medium term.
3. The lot is large for the street. What are the possibilities?
At over 5,400 sqft, the lot size is a key feature. This allows for substantial backyard space, gardening, or future additions like a shed or deck. It’s worth checking local zoning bylaws for any development potential, such as building a garage.
4. Why is there no public sold price history?
Sold price data is not always publicly available in Manitoba. The exact historical sale prices can be requested directly from the listing service, which manually provides the information to verified inquiries.
5. How does this home truly compare to others nearby?
The data shows it’s a stronger performer on its own street than in the wider neighbourhood. It offers more living space and a newer build year than most on Cambie Road, but its assessed value is more modest compared to all of Meadows. This indicates you may get more house for your dollar on this specific street.