Property Overview: 20 Stoney Lake Bay, Meadows, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 20 Stoney Lake Bay presents a compelling, balanced profile in Winnipeg's Meadows neighbourhood. Built in 1990, its key appeal lies in its strong assessed value relative to its peers, suggesting above-average quality, construction, or improvements for its era. With 1,217 sqft of living space and a 5,400 sqft lot, the property offers practical, average-sized family accommodations rather than expansive square footage. The data indicates its true strength is not in being the largest, but in offering solid value—its assessed value ranks in the top 12% on its own street and top 23% in the wider Meadows area.
The home would suit practical buyers seeking a established, turn-key property in a mature neighbourhood. It’s ideal for first-time homeowners or downsizers who prioritize a sensible layout and a stable community over a brand-new build. A thoughtful perspective is that this property represents a "value anchor" on its street—its above-average assessment could contribute positively to the perceived worth of nearby homes, which is a subtle advantage. Its last known sale was between $350k-$400k in 2019, providing a recent benchmark for market comparison.
Section 2: Frequently Asked Questions
1. What does a high assessed value ranking actually mean for this home?
It indicates that the municipal property assessment is significantly higher than many comparable homes in the immediate area. This often reflects updates, quality of construction, or desirable features that the assessor has recognized, which can be a positive signal for market value.
2. Is the living space considered small?
At 1,217 sqft, it is slightly below the average for its specific street but very close to the average for both the Meadows area and Winnipeg overall. It represents a manageable, efficient floor plan typical of its build period.
3. The home was built in 1990. What should I consider about its age?
Being 36 years old, it sits in a cohort of homes that are likely past major initial systems failures but may be approaching the natural renewal period for components like roofing, windows, and major appliances. Its above-average ranking for year built on its street suggests it is one of the newer homes in that specific location.
4. How does the lot size compare?
The 5,400 sqft lot is very close to the area average. It provides a standard suburban yard space—adequate for gardening, play, or entertaining, but not an exceptionally large or small parcel.
5. Where can I see more detailed context about the neighbourhood?
You can open the dedicated neighbourhood analysis page for a map view that compares this property to nearby houses in detail, examining year built, living area, assessed value, and lot size side-by-side.