Property Overview
27 Summerhill Place is a well-established home in Winnipeg's Meadows neighbourhood, built in 1986. Its standout feature is the generous combination of indoor and outdoor space. With over 2,000 square feet of living area and a lot size of nearly 9,540 square feet, the property offers significant room to grow, relax, or entertain.
The appeal lies in its relative rarity and established setting. The home ranks in the top 10% of the city for lot size and living area, meaning it provides more space than most Winnipeg properties. It sits on a quiet street where it is the largest home by living area and sits on the largest lot. For buyers, this represents an opportunity to acquire a property with above-average dimensions in a mature area, without the premium often associated with newer construction.
This home would suit a buyer looking for space and potential over a turn-key, modern finish. It’s ideal for a family seeking a large backyard, someone interested in future expansions or renovations, or a buyer who values the stability and mature landscaping of a 40-year-old neighbourhood. The data suggests it’s a property for a practical long-term investment, offering tangible assets (land and square footage) that outperform most local and city-wide comparisons.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is $491,000 for municipal tax purposes. The last recorded sale was in the $500k-$550k range in 2022. Market conditions, updates made to the home, and buyer demand will determine the final sale price, which can be above or below the assessed value.
2. What does the "Elite" ranking for living area in Meadows mean?
It means this home's interior square footage (2,018 sq ft) is larger than 96% of other homes in the Meadows area. It indicates the home is exceptionally spacious for this specific neighbourhood.
3. Is the 1986 build date a concern?
A home from 1986 will likely need evaluations of major systems like the roof, windows, and furnace, which may be nearing the end of their typical lifespans. However, the data shows it is newer than the Winnipeg city-wide average home, and it represents a period of generally solid construction.
4. What are the advantages of such a large lot?
The 9,539 sq ft lot is a major asset. It offers exceptional privacy, space for gardens, play areas, or additions like a deck or shed. It also provides a buffer from neighbours and future development, which is increasingly rare.
5. Why is the sold price history provided as a range?
To protect homeowner privacy, exact sale prices are not always publicly available. The range is based on reliable public data. You can request the exact historical sold price via email from the listing service for precise financial planning.