Property Overview: 508 Kildonan Meadow Drive
Section 1: Key Characteristics & Appeal
This home presents a solid, modern offering in Winnipeg's Meadows neighborhood. Built in 2010, its key appeal lies in its balanced and above-average positioning across several metrics. With 1,527 sqft of living space, it offers more room than most homes in the wider city and local area. The assessed value ranks consistently in the top tier for its street, neighborhood, and city, suggesting a perceived quality or desirability that outpaces many direct comparisons.
The lot size is standard for the area, providing typical outdoor space without excessive maintenance. A thoughtful perspective is that this property avoids extremes—it’s not the largest or newest on the block, but it performs reliably well across the board. This consistency can mean less risk and predictable utility for a buyer.
It would suit practical buyers looking for a move-in ready, modern home in a established neighborhood. It’s ideal for small families or professionals seeking space without the unknowns of an older property, and for value-conscious buyers who appreciate a home that metrics show stands above average in its peer group.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold in 2021 for an estimated $500k-$550k. Its current assessed value is $513,000. This suggests the assessment is closely aligned with its recent market value, providing a stable benchmark.
2. Is the living space adequate for a growing family?
At 1,527 sqft, the living area is above the city-wide average. It ranks in the top 30% within the Meadows neighborhood, indicating it offers more space than most nearby homes, which should comfortably accommodate a typical family.
3. What does the "above average" assessed value ranking imply?
Ranking in the top 14% in the neighborhood for assessed value often reflects factors like lot desirability, construction quality, updates, or a favorable location on the street. It suggests the property is considered a premium offering within its immediate area.
4. How does the age of the home (2010) affect potential costs?
Being 16 years old, major components like the roof, HVAC, and appliances are potentially nearing or within their typical lifespan for replacement. This isn’t a drawback for a well-built home, but it’s a sensible consideration for future budgeting.
5. Where can I see more detailed context about the immediate area?
A dedicated neighborhood analysis page is available, showing this property on a map alongside nearby homes with filters for year built, living area, assessed value, and lot size for direct visual comparison.