Property Overview: 250 Knightsbridge Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 250 Knightsbridge Drive in Meadowood is a practical, mid-century bungalow built in 1972. With 924 square feet of living space on a 3,049 sqft lot, its size is modest but competitive for its immediate street, ranking in the top third compared to neighbours. The appeal here is one of value and stability within a well-established community. Its assessed value is notably below the averages for both the broader Meadowood area and the city, suggesting a potentially accessible entry point into the Winnipeg market.
The property would suit first-time buyers or downsizers looking for a manageable, single-level home without a large yard to maintain. Its consistent sale price range in recent years indicates a stable, predictable value in its niche. A thoughtful perspective for buyers is that while the home is smaller than many in the city, its proportions are typical for its specific street and era, offering a sense of uniformity and neighbourhood character that can be preferable to a larger, outlier property. It represents a pragmatic choice for those prioritizing location and community over sheer square footage.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is around average for Knightsbridge Drive itself but sits below the average for the wider Meadowood neighbourhood. This indicates it may offer relative value within a desirable area, potentially due to its more compact size.
2. Is the lot size a disadvantage?
At just over 3,000 sqft, the lot is smaller than most in Meadowood and Winnipeg overall. This means lower maintenance, which is a benefit for some, but offers less private outdoor space. It’s consistent with other properties on the street, maintaining streetscape continuity.
3. What does the sale history tell us?
The home sold within the $250k-$300k range in both 2017 and 2023. This price stability, even through varying market conditions, suggests a well-established market value for this specific type of property in this location.
4. As a home from 1972, what should I consider?
Built 54 years ago, the home is of a typical age for its neighbourhood. Buyers should budget for updates consistent with this era, but its systems and structure have likely been maintained or replaced over time. It’s neither the newest nor the oldest on the street.
5. How can I get the exact past sale prices?
The listed sale prices are ranges based on public data. The exact sale prices are available by request via email from the listing service, which provides them manually without using your contact information for marketing.