22 Meadowbank Road – Property Summary
Key Characteristics & Buyer Profile
This 1994-built home in Whyte Ridge offers 1,259 sq ft of living space on a 4,406 sq ft lot, with an assessed value of $486,000. Its strengths are relative to the immediate street rather than the broader neighbourhood or city. On Meadowbank Road, the property ranks in the top 20% for assessed value, top 24% for lot size, and top 15% for being newer than most homes on the block. Living space is close to the street average.
The appeal is grounded in value and position. Compared to its own street, this home is slightly above average in price and size—but within the larger Whyte Ridge area, both lot and living space fall below typical levels. That tension matters: buyers get a property that stands out on its block, but not necessarily in a more regional sense. It suits someone who values a well-kept, newer home within a specific street context, and who is comfortable with a smaller lot than the neighbourhood norm. It may appeal especially to buyers looking for a practical, move-in-ready home in a mature area without aiming for top-tier community stats.
Five Possible FAQs
1. How does this property compare to others on Meadowbank Road?
It ranks in the top third for living space and top quarter for lot size, and is one of the newer homes on the street. Assessed value is above average for the block.
2. Is the lot considered small?
For the street, it’s slightly above average. But in the Whyte Ridge community, it’s well below the average lot size of 6,175 sq ft. If you’re used to larger yards in the area, this one will feel compact.
3. How does the assessed value relate to the home’s market price?
Assessed value is used for property tax calculation, not market value. This home’s assessment is higher than the street average but lower than the community average—which may reflect its smaller lot and living area relative to Whyte Ridge overall.
4. What year was the home built, and does that matter here?
It was built in 1994, which is newer than the citywide average of 1966. On Meadowbank Road, it’s one of the newer homes, ranked in the top 15%. That can mean fewer major updates needed compared to older houses.
5. Who would this home not suit?
Buyers who want a large lot or a home that ranks high within the entire Whyte Ridge area may feel this property falls short. It’s a better fit for someone focused on street-level comparisons and a well-maintained, newer build.