Property Overview: 35 Shields Street, Winnipeg
Key Characteristics & Appeal
This 936 sqft bungalow, built in 1978, sits on a notably generous 5,561 sqft lot in the Meadows neighbourhood. Its key appeal lies in the balance between a modest, manageable home and a larger-than-average property for its immediate area, offering potential for expansion, gardening, or outdoor space. The assessed value is positioned around the average for Meadows, suggesting a stable entry point into the market.
The home would suit first-time buyers or downsizers looking for a lower-maintenance footprint without sacrificing yard space. It also appeals to value-conscious buyers who see potential in a solid lot size—a feature that’s increasingly rare—and are comfortable with a home that may require updates reflective of its era. A less obvious perspective is that, while the living area is below average on its street, the lot size ranks well above average there, indicating a property that prioritizes land over building size, which could be a strategic long-term asset.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 936 sqft, the living area is below the average for similar homes on its street, in the Meadows area, and across Winnipeg. This indicates a more compact, efficient layout.
2. Is the assessed value typical for the area?
Yes. The assessed value of $36,900 is around the average for the Meadows neighbourhood, though it is below the average for its specific street.
3. What is the significance of the lot size?
The 5,561 sqft lot is a standout feature. It ranks above average on Shields Street and is consistent with the area average, providing more outdoor space than many comparable properties.
4. How old is this home relative to others?
Built in 1978, it is one of the older homes on its street but is around the average age for the city overall. Buyers should anticipate maintenance or updates consistent with a home of this vintage.
5. Where can I find more detailed context about the neighbourhood?
For a detailed visual analysis comparing this property to nearby homes on factors like year built and lot size, you can open the dedicated neighbourhood map analysis page linked in the full details.