Property Overview
22 Parkwater Crescent presents a well-established family home in Winnipeg's Meadows neighbourhood. Built in 1986, its key appeal lies in the balance it offers: a home of comfortable, average size situated on a significantly above-average lot. With 1,497 sqft of living space, the house itself is comparable to many others in the city. However, its nearly 10,000 sqft land parcel stands out, ranking in the top 4% of lots in the Meadows area. This creates a valuable proposition of ample outdoor space for gardens, play, or expansion, which is increasingly rare.
The home’s assessed value of $540k positions it above average for both the neighbourhood and the wider city, suggesting a perception of solid value and desirability. It last sold in the $450k-$500k range in 2023. This property would best suit buyers who prioritize land size and established community character over a brand-new build. It’s ideal for families or individuals looking for room to breathe and personalize outdoors, while moving into a home that doesn’t require starting from scratch. A thoughtful perspective is that while the house is of a common size, the lot size offers a unique asset that provides both immediate utility and long-term investment potential in the form of land value.
Frequently Asked Questions
1. Is the lot size a major advantage?
Yes. At 9,814 sqft, the lot is substantially larger than the average in Meadows (5,372 sqft) and city-wide (6,570 sqft). This is the property's most distinguishing feature, offering exceptional outdoor space.
2. How does the home's size compare to others?
The living area of 1,497 sqft is fairly typical. It's slightly below the average for its immediate street but above the averages for the broader Meadows area and the city, placing it in a comfortable, middle range for family living.
3. What does the assessed value tell us?
The $540k assessment is above average for both the neighbourhood and Winnipeg. This typically reflects the property's combined attributes—particularly the large lot—and recent market trends, rather than just the house itself.
4. The home is 40 years old. What should I consider?
Built in 1986, the home is newer than the Winnipeg city average. This age suggests it may benefit from updates to kitchens, bathrooms, or systems, but it likely avoids some of the major issues of much older construction. A pre-purchase inspection is always advised.
5. How can I find out the exact past sale price?
The provided data shows a sale range for 2023. To obtain the precise sale price, you can use the email request service offered on the listing page. They provide this detail manually without using your email for marketing.