Property Overview: 89 Cambie Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 89 Cambie Road is a practical, no-frills property that represents an accessible entry point into Winnipeg’s Meadows neighbourhood. Built in 1979, its 920 sqft living area is modest but functional, ranking around average for its immediate street. The lot size of 2,999 sqft is notably compact, even for the area, which translates to lower maintenance—a key point of appeal for those seeking simplicity.
The most defining characteristic is its assessed value of $27,100, which is significantly below averages for the street, neighbourhood, and city. This positions the property not as a premium offering, but as a value-conscious opportunity. Its appeal lies in its affordability and potential as a starter home, a downsizing option, or a strategic investment for those comfortable with a property that may require updates. It suits buyers with a tight budget who prioritize location within a established community over size and modern finishes. A thoughtful perspective is that this lower assessment could provide a relative tax advantage, and the compact lot offers a manageable outdoor space without the burden of extensive yard work.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on municipal evaluation, which considers factors like the home's size, age, condition, and lot dimensions. The significantly smaller lot and living area compared to neighbours are primary contributors to this lower valuation.
2. What does the "below average" ranking for lot size mean for me?
It means the yard is smaller than most in Meadows. For some, this is a drawback for gardening or outdoor entertaining. For others, it’s a major benefit, meaning less time and money spent on lawn care and landscaping.
3. Is a home built in 1979 a concern?
Homes from this era are common. While major systems like roof, windows, or furnace may be due for inspection or replacement due to age, the construction is typically solid. A thorough home inspection is always recommended to understand the specific condition.
4. Can I find out what this house previously sold for?
The public sales history is not displayed here. You can request the exact sold price history by email using the form provided on the listing page; the service manually provides this data at no cost.
5. How does the living space compare to a typical condo?
At 920 sqft, the living area is comparable to a mid-to-large two-bedroom condo, but you gain the ownership of the land and a detached structure. This offers different potential for renovation, expansion, or simply having private outdoor space directly from your home.