Property Overview: 8 Cambie Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 8 Cambie Road in the Meadows neighbourhood presents a compelling blend of space, value, and established community living. Built in 1985, its key characteristic is its above-average living space. At 1,490 sqft, it offers significantly more room than most comparable homes on its street and sits comfortably above the average for the wider area. The lot size is generous for the immediate locale, providing ample outdoor space.
The appeal lies in its strong positional value within its specific market. The data indicates it is a standout property on Cambie Road itself, ranking in the top tier for both living area and assessed value among its direct neighbours. This suggests a home that offers more for your investment compared to others on the same street. It suits buyers looking for a well-sized family home in a mature neighbourhood without paying a premium for a newer build. It’s particularly suited for those who value interior space over a brand-new construction and appreciate a home that has maintained its value relative to its immediate peers.
A less obvious perspective is that its 1985 build date, while not new, is actually the newest on its street. This could imply updated infrastructure or layouts compared to neighbours, potentially reducing the urgency for major system upgrades. The consistent sold price range over recent years also suggests a stable, predictable market for this specific property.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it outperforms most homes on Cambie Road itself, ranking in the top 7% for size and value. Compared to the broader Meadows area and city, it sits comfortably around or slightly above average, meaning it offers solid, competitive specs for the market.
2. What does the assessed value tell me?
The assessed value is for municipal tax purposes. That it ranks highly on its street suggests the city assesses it as a superior property compared to its direct neighbours, which often correlates with market perception and sale price.
3. The home is 41 years old. What should I consider?
While older, it’s the newest home on its block. This is a positive, but a thorough inspection is still essential to understand the condition of the roof, windows, HVAC, and plumbing, which may be nearing or past typical lifespans.
4. Have the recent sale prices been consistent?
Yes. The recorded sale price ranges show stability between 2022 and 2023, indicating a property that holds its value in line with market movements, without wild fluctuations.
5. Where can I see more detailed context about the neighbourhood?
You can open the dedicated neighbourhood analysis page (link provided in the full details) to view this property on a map alongside nearby homes, comparing year built, living area, assessed value, and lot size visually.