Property Overview
This bi-level home at 274 Eaglemere Drive is a practical and well-situated property that presents a clear value proposition. Its key appeal lies in being a more modern home within its established neighbourhood, offering a renovated basement and a manageable footprint on a standard-sized lot. Built in 1997, it is notably newer than many Winnipeg homes, which can mean fewer immediate concerns with aging components. The living space is compact at 1,175 sq ft, placing it below the average for the immediate area but close to the citywide average, suggesting a more efficient layout suited to simpler living. The attached garage and renovated basement add functional living and storage space. Its assessed value is positioned below the neighbourhood average but aligns with the broader city market, indicating a potentially more accessible entry point into the Eaglemere area.
This home would suit first-time buyers or downsizers looking for a low-maintenance, modern-built home in a mature neighbourhood without a premium price tag. It’s a pragmatic choice for those who prioritize a newer build year and updated features over sheer square footage. A thoughtful perspective is that while the home is smaller than its direct neighbours, this can translate to lower utility costs and less upkeep, focusing the investment on location and building condition rather than size.
Frequently Asked Questions
Is this home a good value for the Eaglemere area?
The assessed value is below the average for both Eaglemere Drive and the wider Eaglemere neighbourhood, suggesting a competitively priced entry point into the area. You are paying less than the neighbourhood norm, primarily for a home with a smaller footprint but a more recent build year.
How does the living space compare to other homes?
At 1,175 sq ft, the living area is below average for the immediate street and neighbourhood. However, it is very close to the Winnipeg citywide average. This indicates a efficiently sized home that may feel cozy compared to neighbours but is standard for the broader market.
What are the advantages of a 1997 build year?
A 1997 construction means the home is significantly newer than the typical Winnipeg house (citywide average build year is 1966). This often translates to modern wiring, plumbing, insulation standards, and potentially fewer major system replacements in the near term compared to much older homes.
How does the lot size compare?
The 5,003 sq ft lot is around average for the street and neighbourhood. It provides a typical suburban yard space—adequate for gardening, play, or entertaining, but not exceptionally large or small relative to the area.
What does "below average" assessed value but "around average" citywide value mean?
This highlights the property’s positioning. Within the desirable Eaglemere neighbourhood, it’s a more affordable option. When compared to all Winnipeg homes, its value is middle-of-the-road. This can signal an opportunity to buy into a established neighbourhood at a price that aligns with the general city market.