Property Overview
167 Dawnville Drive is a well-situated home in Winnipeg's Meadows neighbourhood, built in 1995. With 1,389 square feet of living space on a 5,628 square foot lot, it presents a balanced offering for a specific type of buyer.
Key Characteristics & Appeal
The primary appeal of this home lies in its relative modernity and balanced proportions within its local context. Built in 1995, it is notably newer than most homes on its street, in the Meadows area, and across Winnipeg, placing it in the top 10-20% for year built in these comparisons. This suggests updated building standards and potentially fewer major maintenance concerns compared to older stock.
Its living area and assessed value are consistently "around average" against local and city-wide benchmarks, indicating a standard, functional size without premium pricing for extra square footage. A thoughtful perspective is the lot size: at over 5,600 sqft, it is above average for its immediate area, offering more outdoor space than many neighbouring properties—a valuable asset for privacy, gardening, or family use.
This property would best suit pragmatic buyers seeking a move-in-ready home from a modern era of construction, who value a balanced offering over extreme size or luxury. It’s ideal for those who want a manageable space with a decent yard in an established neighbourhood, without paying a premium for being the newest or largest home on the block.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold in 2023 for an estimated $500k-$550k. This sale price ranked in the top 10-17% compared to area averages at the time, indicating it was a competitive, above-average transaction.
2. What does the "above average" year built actually mean for me?
Built in 1995, this home is newer than approximately 90% of homes on Dawnville Drive. In practical terms, this often means construction methods, wiring, and insulation meet more modern standards, which can translate to energy efficiency and fewer imminent large-scale repairs.
3. Is the lot size a significant advantage?
Yes. The lot of 5,628 sqft ranks above average for both the street and the Meadows area. This provides more usable outdoor space than many comparable properties, which is a fixed feature that cannot be easily changed.
4. The assessed value seems high relative to some averages shown. Why?
The displayed average assessed values for comparison groups (e.g., ~$41k on the street) seem to be typographical errors in the source data, likely omitting a zero. The city-wide average shown is $390k. This home’s $420k assessment is moderately above that, reflecting its newer build year and local market conditions.
5. Who are the most relevant comparable properties?
The most meaningful comparisons are on Dawnville Drive itself and within the Meadows neighbourhood. Here, this home ranks well for lot size and is significantly newer than the typical home, while its living space is on par with the local average. This positions it as a modernized option within a traditional streetscape.