Property Overview
34 Whiteway Road presents a distinct profile within Winnipeg's Meadows neighbourhood. Its appeal is rooted in a specific balance of space, value, and location, making it a practical choice for certain buyers.
Key Characteristics & Ideal Buyer
This home stands out primarily for its generous living space relative to its immediate area. With 1,200 sqft, it offers significantly more interior room than most other homes on Whiteway Road, ranking in the top 9% locally. This makes it a notably spacious option in its own streetscape. The house was built in 1978, which is typical for the street but older than many homes in the broader Meadows area.
However, this comes with important context. The assessed value ($290k) is high for the neighbourhood, placing it in the top 96% for Meadows, meaning it is valued well above area averages. The lot size is compact at 2,999 sqft, which is smaller than most properties on the street and in the city. Recent sale history shows a significant price increase between its 2017 and 2022 sales.
This property would suit a buyer who prioritizes interior square footage over a large yard and is comfortable with a value that sits at the higher end for the community. It’s a pragmatic choice for someone seeking a well-sized home in a mature neighbourhood without the upkeep of a large lot. A thoughtful perspective is that this home represents an investment in interior space within a community where that is a rarer commodity, though this is reflected in its assessment.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring homes?
The assessed value is likely higher due to the home's substantially larger living area (1,200 sqft) compared to nearby houses, which average closer to 966 sqft on the same street. The assessment reflects this key difference in usable space.
2. Is the smaller lot size a major disadvantage?
It depends on your lifestyle. The lot is compact, which means less outdoor maintenance but also less private yard space. For buyers who value low-maintenance living or prioritize indoor space, this can be an acceptable trade-off.
3. What does the sale history indicate about the property's value?
The home sold between $200k-$250k in 2017 and then $300k-$350k in 2022. This suggests strong appreciation over that five-year period, though the current assessed value aligns more closely with the 2022 sale price.
4. How does the age of the home (1978) affect things?
Being built in 1978 means the home is of an age where important systems (like roof, windows, furnace, or plumbing) may be due for inspection, update, or replacement. This is a typical consideration for homes of this era.
5. Are there comparable homes nearby?
The listing references nearby properties like 22 and 106 Whiteway Road, which are similar in age but have significantly smaller living areas (around 800-829 sqft) and lower assessed values. This clearly highlights 34 Whiteway Road's primary differentiator: its larger interior size.