Property Overview: 31 Summerhill Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 31 Summerhill Place in the Meadows neighbourhood presents a solid, value-oriented opportunity. Built in 1986, it sits on a generous 6,317 sqft lot, which is notably larger than many lots in both the wider city and the local area. With 1,540 sqft of living space, the home offers above-average roominess for Winnipeg overall, though it is slightly more compact than some immediate neighbours on Summerhill Place.
The primary appeal lies in its balanced positioning and established setting. The property holds an assessed value that is consistently above average for both the Meadows area and the city, suggesting a sound investment in a stable community. Its recent sale in the $400k-$450k range aligns with this perception. This home would suit practical buyers—perhaps growing families or downsizers—who prioritize lot size and neighbourhood character over having the largest house on the street. It’s for someone who sees value in a well-located property where the land itself is a significant asset, and who is comfortable with a home that may benefit from personal updates over time.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
While the living area is slightly below the average for Summerhill Place itself, it is larger than the typical home in both the broader Meadows neighbourhood and across Winnipeg. This indicates a comfortable size within a community of generally spacious properties.
2. What does the assessed value tell me?
The assessed value of $45,500 is above the average for Meadows and the city, but around the middle for its immediate street. This often points to a property that is well-regarded by assessors for its area, without being an extreme outlier, which can be a positive for property taxes relative to value.
3. Is the lot size a significant feature?
Yes. The lot is over 6,300 sqft, ranking in the top 17% within Meadows. This larger-than-average yard space is a key asset, offering more privacy and outdoor potential than many properties in the city.
4. The home was built in 1986. What should I consider?
A home from this era may have original components, like windows, roofing, or major systems, that are nearing the end of their typical lifespan. A thorough inspection is advised to budget for any necessary updates or maintenance, which is common for houses of this age.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The listing service offers to provide the exact sale price history via a manual email request at no cost, with a promise of a reply by the end of the same business day and no marketing spam.