Property Overview & Key Characteristics
This home at 85 Tommy Douglas Drive in the Meadows neighbourhood is a modern, well-sized property that stands out for its relative newness and space. Built in 2011, it is one of the newest homes in its immediate area, ranking in the top 1% for year built within Meadows. With 1,576 sqft of living area, it offers significantly more space than the average Winnipeg home and is comfortably above the neighbourhood average, placing it in the top 6% citywide for size.
Its appeal lies in this combination of a contemporary build and generous square footage, offering move-in-ready potential with less immediate concern for major updates common in older stock. The assessed value is notably higher than both neighbourhood and city averages, which can indicate a quality build and desirable location within Meadows. However, it's priced comparably to others on its own street, suggesting it fits the local market.
This property would suit buyers looking for a spacious, modern home without venturing into brand-new construction. It’s ideal for small families or professionals who value room to grow and prefer a home that likely requires less upfront renovation investment. A thoughtful perspective is that while the newer build is a major asset, the above-average assessed value means property taxes will be correspondingly higher than for many other homes in the wider city.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is very comparable. Its living area is just above the street average, its assessed value is just below the street average, and it is among the newest homes on the block.
2. What does the "Elite" ranking for year built mean?
It means this home is newer than approximately 99% of other homes in the Meadows neighbourhood. Built in 2011, it is in the top 1% for its age, indicating a much more modern construction than most surrounding properties.
3. Why is the assessed value so much higher than the neighbourhood average?
The assessed value is in the top 9% for Meadows, reflecting that this is a larger, newer home compared to the neighbourhood's typical, older housing stock. Assessment considers factors like size, age, and quality.
4. Can I get the exact historical sale price?
Yes, but the precise sale price is not publicly displayed. You can request it by email through the listing page. The provided range for the 2022 sale is between CA$350,000 and $400,000.
5. What are the potential downsides of a newer home like this?
While a newer build often means fewer major repairs, it may come with a higher property tax bill due to the above-average assessed value. Additionally, design trends or builder-grade finishes from 2011 may feel dated to some buyers compared to very recent construction.