Property Overview: 50 Sunway Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 50 Sunway Avenue in the Meadows neighbourhood presents a practical and straightforward opportunity. Built in 1987, it is notably newer than many homes on its street and across Winnipeg, suggesting potentially fewer immediate concerns with aging infrastructure. With 900 sqft of living space and a 3,999 sqft lot, the property offers compact, manageable dimensions. Its assessed value is consistently around average for its immediate street, the broader Meadows area, and the city, indicating a stable, mid-market positioning.
The primary appeal lies in its efficiency and relative modernity within its context. It suits first-time homebuyers or downsizers seeking a lower-maintenance footprint without the premium of a brand-new build. Investors may also see value in a property with reliable, average valuations for the area. A less obvious perspective is that its smaller scale, both in living area and lot size, translates to lower utility costs and less time spent on upkeep, which can be a significant lifestyle benefit. It’s a home for those who prioritize practicality and cost-of-living predictability over expansive space.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 900 sqft, the living area is slightly below the average for the Meadows neighbourhood and the city, but is quite typical for Sunway Avenue itself. It represents a more compact, efficient layout.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is one data point for market positioning. This home’s assessment is consistently around the average for its street, neighbourhood, and city, suggesting it is priced within the mainstream market, but the final sale price will depend on current market conditions and the property's specific state.
3. What does the "above average" year built ranking mean?
Built in 1987, this home is newer than many on its street and in Winnipeg overall. This can be an advantage, potentially meaning updates to major systems (like plumbing or electrical) may have been made more recently than in older homes.
4. What is the exact past sale price?
Public records show a sale in the range of $250,000–$300,000 in 2020. For the precise sale price, you can request the information via email from the listing service.
5. Who would this property not suit?
Buyers looking for a large lot, extensive square footage, or a home that stands significantly above neighbourhood averages in size may find this property too compact. It is geared toward those comfortable with a moderately scaled, average-priced home in a established area.