Property Summary: 54 Tommy Douglas Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 54 Tommy Douglas Drive in the Meadows neighbourhood presents a compelling blend of space, modernity, and value. Its key strength is its generous living area of 1,913 sq ft, which ranks well above average for both the immediate area and the wider city, offering more interior space than most comparable homes. Built in 2008, it is a relatively modern property that avoids the potential maintenance concerns of much older housing stock.
The appeal lies in this balance. You get a spacious, contemporary home on a manageable lot. While the land area is smaller than many in the Meadows and city-wide, this often translates to less yard maintenance—a plus for busy professionals or those seeking a lock-and-leave lifestyle. The assessed value is positioned above average for the area, suggesting a solid perceived value relative to nearby properties.
This property would ideally suit first-time move-up buyers or small families looking for ample indoor living space without the upkeep of a large yard. It’s also a sensible choice for value-conscious buyers who prioritize a modern build and interior square footage over extensive outdoor land.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to recent sales on the street?
Based on available data, the home last sold between $550,000 and $600,000 in 2022. Its current assessed value of $494,000 is around the average for Tommy Douglas Drive, indicating it is priced consistently within its immediate vicinity.
2. Is the property smaller than others in the Meadows?
The living space is actually larger than most in the neighbourhood, ranking in the top 6%. However, the lot size is smaller than the area average. This means you benefit from a spacious interior but with a yard that requires less maintenance.
3. What does the “above average” city-wide ranking for Year Built mean?
A ranking in the top 13% city-wide for the year built (2008) means this home is significantly newer than the typical Winnipeg house, which averages an age of nearly 60 years. This suggests potentially fewer immediate repairs and more modern building standards.
4. Why is the assessed value different from the past sale price?
Assessed value is for municipal tax purposes and reflects the city’s valuation, which may differ from the current market value. The 2022 sale price is a historical market indicator. For the exact sale price, you can request it via email from the listing source.
5. What are the trade-offs of the smaller lot size?
The smaller lot (3,901 sq ft) means less private outdoor space compared to some neighbours. However, it often results in lower property taxes and less time spent on yard work. It’s a practical trade-off for those who prioritize indoor living space and ease of maintenance.