Property Overview: 188 Cambie Road, Winnipeg
Key Characteristics & Appeal
This home at 188 Cambie Road in the Meadows neighbourhood presents a solid, grounded opportunity. Built in 1983, its key appeal lies in the balance it strikes. The 1,100 sqft living space is very typical for its street and area, offering a practical layout without being oversized. The standout feature is the 6,009 sqft lot, which is notably larger than many in the immediate vicinity and the wider Meadows area, suggesting valuable outdoor space and potential.
Its assessed value is strong compared to others on Cambie Road, indicating it may have above-average condition or features for the street. For buyers, this suits someone looking for a established home in a mature neighbourhood without the premium of a newer build. It’s a practical choice for first-time homeowners or downsizers who prioritize a generous yard over a massive house, and who appreciate a property that holds its own within its local context rather than standing out as exceptional city-wide.
Frequently Asked Questions
1. How does the lot size compare, and why does it matter?
The lot of 6,009 sqft is significantly larger than the average for both the street (4,685 sqft) and the Meadows area (5,372 sqft). This means more private outdoor space, potential for gardening, additions, or simply less crowding from neighbours—a valuable asset in a mature neighbourhood.
2. The home was built in 1983. What should I consider?
As a home from the early 1980s, major components like the roof, windows, furnace, and plumbing may be nearing or due for updates. A thorough inspection is essential to understand the condition and any upcoming capital costs, which is typical for homes of this era.
3. The assessed value seems high for the street but average for the area. What does this mean?
The assessment being in the top 17% on Cambie Road but only around average for Meadows suggests the property is well-maintained or has features that make it superior to its immediate neighbours. However, when compared to the entire area, it’s more middle-of-the-road, which can be positive for not being over-assessed on a broader scale.
4. What can the 2017 sale price range tell me?
The previous sale in the CA$300k–350k range provides a historical benchmark. Market conditions have likely changed since 2017, but it helps establish a trend and offers a point of comparison for the current assessed value and any asking price.
5. How do I find out the exact past sale prices?
The exact sold prices are not publicly displayed in detail here. You can request the precise history by emailing the listing service, which provides the information manually without using your email for marketing.