Property Overview: 58 Meadow Lake Drive, Winnipeg
Key Characteristics & Appeal
This home at 58 Meadow Lake Drive in the Meadows neighbourhood stands out for its generous proportions and established presence. Built in 1984, the property offers a substantial 1,898 square feet of living space, which ranks in the top 3% on its own street and the top 7% within the Meadows area, indicating a home significantly larger than many of its immediate peers. It sits on a large 6,959 sqft lot, placing it in the top 5% on Meadow Lake Drive for land area, providing ample outdoor space.
The appeal lies in this combination of above-average interior space and a sizable, private lot—a pairing that is increasingly sought after. With an assessed value of $48,300, it presents a value proposition that is above average for its specific street and neighbourhood. This suggests a property that offers more space per dollar in its local context. It would particularly suit buyers looking for room to grow, who value privacy and yard space, and who appreciate an established home in a mature neighbourhood. It’s a practical choice for those prioritizing square footage and land over a newer build date.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is notably larger than most comparable homes in the immediate area. It ranks 2nd out of 58 on Meadow Lake Drive and 141st out of 1,959 in the Meadows neighbourhood, placing it comfortably in the top 10% locally.
2. What does the assessed value tell me?
The assessed value of $48,300 is above the average for both the street and the Meadows area. This can indicate that the property has features, size, or a condition that is valued higher than many surrounding homes, though market price is determined by current buyer demand.
3. Is the lot size a significant feature?
Yes. At nearly 7,000 square feet, the lot is in the top 5% on its street. This is a less obvious but valuable asset, offering more privacy, landscaping potential, and space for outdoor activities than is typical for the area.
4. The home was built in 1984. What should I consider?
While the build date is around the neighbourhood average, a home of this age may have undergone updates or may require planned maintenance on major systems like the roof, windows, or HVAC. Its established nature often means mature landscaping and settled foundations.
5. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. To obtain the precise sold price history, you can request it via email from the listing source, which provides this detail manually without using your email for unsolicited marketing.