Property Overview
This two-storey home at 26 Hamilton Meadows Drive in Winnipeg's Heritage Park neighbourhood presents a practical opportunity. Its key appeal lies in a balanced, move-in-ready package. The 1,642 sqft living space is comfortably above average for both the city and the immediate area, offering ample room without being oversized. A recently renovated basement adds valuable, modern living space. Built in 1990, the home is notably newer than most in Heritage Park, suggesting potentially fewer major age-related updates in the near term compared to older stock.
However, the property offers a thoughtful trade-off. The land area is modest, especially compared to others on the street. This positions the home not as a large-lot property, but as a low-maintenance option where the value is squarely in the updated living space, not the yard size. It suits buyers looking for a established neighbourhood feel without the upkeep of a larger plot, and who prioritize interior space and modern finishes over expansive outdoor areas. It would particularly fit first-time buyers moving from a condo or a young family seeking a turnkey home in a mature community with above-average schools and amenities, who are comfortable with a smaller, more manageable yard.
Frequently Asked Questions
Is the smaller lot size a significant drawback?
It depends on your priorities. While the yard is modest, it translates to less maintenance. The value here is invested in the living space, making it ideal for those who prefer spending time indoors or desire a simpler outdoor upkeep routine.
How does the assessed value relate to the likely selling price?
The assessed value is a municipal figure for tax purposes and is not a direct market appraisal. Notably, this home's assessment is in the top 9% for the Heritage Park area, reflecting its above-average standing locally. The final sale price will be determined by current market conditions.
What does "renovated basement" typically include?
While specifics should be verified, a renovated basement in this context usually means it is finished as a livable space—likely including proper flooring, drywall, and lighting. It may feature a recreation room, additional bedroom, or home office, adding significant functional space to the home's footprint.
The home is newer than most in the area. What are the advantages?
A 1990 build likely means more modern wiring, plumbing, and insulation standards compared to much of the neighbourhood. This can offer energy efficiency benefits and potentially defer the need for major system overhauls (like roofing or windows) that older homes often require.
How does this home compare to others on the same street?
The data shows it has a smaller lot but a living area that's competitive on the street. Its assessed value is around the street average. This suggests you're getting a home with similar internal space and value, but with a yard that requires less maintenance than many of its direct neighbours.