35 Edna Perry Way

Property Overview: 35 Edna Perry Way, Meadows, Winnipeg

Key Characteristics & Appeal

This home presents a compelling combination of above-average space and value within its community. Built in 2009, it is a relatively modern property in a city with many older homes. Its primary appeal lies in its generous 2,128 sqft of living area, which ranks in the top 3% of the Meadows area and the top 9% on its own street, offering significantly more interior space than local averages. The assessed value of $59.20k is notably high, placing it in the top 1% of Meadows and the top 5% on its street, suggesting a premium valuation relative to neighbours.

The property sits on a 5,204 sqft lot, which is consistent with the typical lot size in the Meadows area. Recent sale history indicates strong appreciation, with the last sale in 2023 in the $600k-$650k range ranking in the top 1% for the area at that time.

This home would best suit buyers looking for a spacious, modern interior in a well-established neighbourhood without needing an exceptionally large yard. It’s ideal for those who prioritize indoor living space and a property with a strong, above-average assessed value footprint within its immediate community. A thoughtful perspective is that while the lot size is average for the area, the standout interior space and valuation metrics suggest a home that has been upgraded or built with higher-end specifications compared to its peers.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. However, this home’s assessment is in the elite tier for its area, indicating it is officially valued much higher than most nearby homes. The 2023 sale price range provides a more current market benchmark.

2. Is the 2009 build date a positive?
Yes. Being built in 2009 means the home is relatively modern, likely requiring fewer immediate major repairs than Winnipeg’s older housing stock (city-wide average build year is 1966). It should incorporate contemporary building standards and materials, though it is now at an age where some components, like the roof or HVAC, may need routine inspection.

3. What does the "top 1%" ranking for assessed value in Meadows actually mean?
It means that out of 1,959 comparable homes in the Meadows area, only about 23 have a higher assessed value. This signifies that the property is considered one of the most valuable in that community, which can be a point of stability and prestige, though it also typically correlates with higher property taxes.

4. The living area is large, but is the lot size a drawback?
Not necessarily. The lot is perfectly average for the Meadows neighbourhood. The data suggests the home’s square footage was prioritized over yard space, which is ideal for buyers who prefer lower-maintenance outdoor areas or value a larger interior floor plan.

5. Where can I see more context about this specific street and neighbourhood?
You can use the provided link to open the neighbourhood map analysis page. This tool allows you to see nearby houses and compare key metrics like year built, living area, and lot size visually on a map, giving deeper context to how this property fits into its immediate surroundings.