Property Overview
This home at 189 Kildonan Meadow Drive presents a solid, middle-of-the-road offering in Winnipeg’s Meadows neighbourhood. Built in 1987, its key characteristics are consistency and balance. With 1,485 sqft of living space and a 5,498 sqft lot, it sits comfortably around the average for its immediate street, the broader Meadows area, and the city overall. Its assessed value of $450k, however, positions it above average for both the neighbourhood and city-wide comparisons, suggesting a perceived quality or desirability that outpaces its purely physical metrics.
The appeal lies in its stability and predictability. It’s not an outlier in size or lot, which means it’s unlikely to come with unexpected premium costs or maintenance extremes. For a buyer, this translates to a manageable property that fits a well-established community fabric. A thoughtful perspective is that a home ranking consistently "around average" in physical traits can be a strategic choice, offering a lower risk of over-improvement for the area and a clearer, more stable comps picture for future resale.
This property would best suit pragmatic buyers—perhaps first-time homeowners or downsizers—who prioritize a straightforward, move-in-ready home in a mature neighbourhood over custom features or a fixer-upper project. It’s for someone seeking a comfortable living space without the premium or the quirks of a brand-new build or a historic character home.
Frequently Asked Questions
1. How does the assessed value compare to the recent sale price?
The home was sold in 2023 for an estimated $450k-$500k. Its current assessed value is $450k, indicating the assessment aligns closely with its recent market transaction.
2. Is the home newer or older than most in the area?
Built in 1987, the home is older than the average on its specific street but is notably newer than the average home across the entire City of Winnipeg. In the broader Meadows neighbourhood, its age is fairly typical.
3. What does the "above average" assessed value ranking mean?
While the home's size and lot are average, its assessed value ranks in the top 29% in Meadows and top 28% city-wide. This often indicates factors like updates, a desirable layout, location within the area, or lot appeal that add value beyond pure square footage.
4. How much yard space does the lot provide?
The lot is 5,498 sqft. This is slightly below the average for Kildonan Meadow Drive itself but is very close to the average lot size for the Meadows neighbourhood, providing a standard outdoor space for the area.
5. Where can I see more context about this specific street and neighbourhood?
A detailed neighbourhood analysis map is available, allowing you to visually compare this property with nearby homes based on year built, living area, assessed value, and lot size.