Property Overview: 39 Mary Andree Way, Winnipeg
Section 1: Key Characteristics & Appeal
This home in the Meadows neighbourhood stands out for its generous living space. With 1,897 square feet, it ranks in the top 3% on its own street and the top 7% within the Meadows area, offering significantly more room than many comparable homes. Built in 2008, it is a relatively modern property that avoids the maintenance concerns of much older builds while being past its initial "newness" phase. The assessed value is consistently above average across all comparison levels, suggesting a solid and recognized worth.
The primary appeal lies in this combination of space, modern construction, and established value. It’s a home that offers room to grow without requiring major updates. The lot size is typical for the immediate street but becomes more modest when compared to wider city averages, indicating a focus on interior living space over extensive outdoor grounds.
This property would best suit buyers who prioritize interior square footage and a move-in-ready condition from the late 2000s era. It’s ideal for a growing family needing ample room or professionals who value spacious home offices and living areas. The strong rankings in its immediate area also make it a compelling option for buyers specifically targeting the Meadows neighbourhood who want a home that stands above its peers in key metrics.
Section 2: Frequently Asked Questions
1. How does the sold price history inform the current value?
The home sold between $400k-$450k in 2016. While not a direct indicator of today’s price, it provides a historical anchor point. Its assessed value has since risen to $549k, reflecting market changes and improvements. The exact sold price is available upon request.
2. What does the "above average" assessed value really mean?
The assessment is in the top 6-7% for the Meadows area and top 13% city-wide. This typically indicates the property is viewed by assessors as having desirable features or conditions that place it in a higher value bracket than many similar homes, which can be a positive for equity.
3. Is the lot size a drawback?
At 4,714 sq. ft., the lot is very typical for Mary Andree Way and the Meadows. It is, however, below the city-wide average. This suggests a neighbourhood character where homes are closer together, potentially fostering a community feel, but with less private outdoor space than some suburban areas.
4. How does the 2008 build year affect the home?
A home from 2008 is modern enough to likely have contemporary wiring, plumbing, and insulation standards. However, it is now at an age where some original components (like the roof, HVAC, or major appliances) may be nearing the end of their typical lifespans and could require attention or budgeting for replacement.
5. Who are the most relevant comparables?
The most meaningful comparisons are on the same street and in the Meadows area, where it ranks highly for living space and value. The "Similar Assessed Value" listings show homes across Winnipeg with the same official valuation, but their size, age, and neighbourhood will differ significantly, highlighting the importance of location-specific data.