Property Overview: 18 Hamilton Meadows Drive
Key Characteristics & Appeal
This four-level split home in Heritage Park offers a well-proportioned living space of over 2,000 sqft, which stands out as notably spacious both within its immediate neighborhood and across Winnipeg. Built in 1989, it is a relatively modern home for the area, and its assessed value positions it as an above-average property within the broader community. The home features an attached garage and a basement that is present but not renovated, presenting a clean slate for customization.
Its primary appeal lies in its balanced, move-in-ready stature within a sought-after neighborhood. The home doesn't represent the largest lot on the street, but it offers efficient use of space with a living area that ranks highly. This combination suits buyers looking for a established home in a mature area without needing to undertake major structural updates. It would particularly suit growing families or professionals seeking a comfortable, spacious interior in a stable community, or value-conscious buyers who appreciate a home that already performs well above city-wide averages for size and assessed value.
A less obvious perspective is that the property represents a "sweet spot" in its micro-market. On its own street, it's solidly average in value and age, suggesting it fits seamlessly without overpaying for prestige. However, when viewed within the wider Heritage Park area and the city, its advantages in space and modern build become much clearer, indicating a property that holds its value well within a larger context.
Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than the average lot on Hamilton Meadows Drive, it is typical for the broader Heritage Park neighborhood and average city-wide. This often translates to less yard maintenance while still providing adequate outdoor space.
2. What does the "above average" assessed value in Heritage Park indicate?
An assessed value in the top 9% for the area suggests the property is considered more valuable than most homes in Heritage Park. This typically reflects its larger living area, newer construction date, and the overall desirability of its specific location.
3. Is the basement finished?
No, the listing specifies the basement is "not renovated." This presents both a cost-saving opportunity at purchase and the potential for future customization to add value and living space according to a new owner's needs.
4. How recent are the comparable sales data?
The most recent sale shown for this specific address is from July 2024. The data for comparable properties and area averages is compiled from sales dating back to 2016, providing a robust, long-term market context.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request this specific information via email from the service, which provides it manually without using your contact details for unsolicited marketing.