Property Overview
35 Sunglow Road is a well-established home in Winnipeg's Meadows neighbourhood. Built in 1987, it offers 1,047 square feet of living space on a notably generous 5,638 square foot lot. Its assessed value is positioned below average for its immediate street but aligns more closely with averages for the wider area. This creates a specific value proposition: a home with a smaller interior footprint but a larger-than-average yard for its locale, situated in a mature community.
Key Characteristics & Appeal
The primary appeal of this property lies in its land-to-building ratio. While the living area is modest, especially compared to others on Sunglow Road, the lot size ranks well above average for both the street and the Meadows area. This suggests a premium on outdoor space, offering room for gardening, play, or expansion. The home suits practical, value-conscious buyers—perhaps first-time homeowners, downsizers, or investors—who prioritize lot potential over immediate square footage. It represents an opportunity to own a property where the land itself is a significant asset in a settled neighbourhood, with the home itself being a candidate for future updates or renovations to increase the living space.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No, the assessed value is for municipal tax purposes. The last known sale was between $350k-$400k in 2020, which is a more relevant benchmark for current market value, though a professional appraisal is recommended.
2. How does the lot size compare to typical properties?
The lot is a key feature. At 5,638 sq ft, it is larger than most lots on the same street and in the Meadows area, offering more outdoor space than many comparable properties.
3. What does the "below average" living area ranking mean for me?
It means the interior square footage is smaller than many homes on the street. Buyers should be comfortable with a cozy layout or consider the potential and cost of a future addition, for which the lot provides good scope.
4. The home was built in 1987. What should I consider?
As a home nearing 40 years old, a thorough inspection of major systems (roof, windows, plumbing, electrical, HVAC) is essential to understand any upcoming maintenance or update costs.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed. You can request the precise history by emailing the listing service, which provides the information manually without marketing spam.