Property Overview: 251 Knightsbridge Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 251 Knightsbridge Drive in Meadowood is a practical, no-frills property that represents an accessible entry point into the Winnipeg market. Built in 1974, its key characteristic is its modest scale: at 809 square feet of living space on a 2,998 square foot lot, it is notably compact compared to most homes on its street, in the neighbourhood, and across the city. This is reflected in its below-average assessed value for the area.
The appeal lies in its efficiency and potential. For the right buyer, the smaller size translates to lower maintenance, easier upkeep, and reduced utility costs. Its assessed value is relatively average for its immediate street, suggesting it fits comfortably within its specific micro-location. A less obvious perspective is that a home of this vintage on Knightsbridge Drive is actually newer than most on the block (ranking in the top 10% for year built on the street), which may imply updates over the years or a slightly different construction period than its direct neighbours.
This property would best suit first-time homebuyers, downsizers looking to simplify, or investors seeking a manageable rental property. It’s for those who prioritize location and practicality over space, and who see the value in a home that is financially efficient to own and maintain.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
This is a compact home. Its living area is smaller than the average home on Knightsbridge Drive, in the wider Meadowood area, and across Winnipeg. This is a defining feature that contributes to its accessible price point.
2. What does the assessed value tell me about this property?
The assessed value of $30,800 is around the average for Knightsbridge Drive itself but is below the average for the broader Meadowood neighbourhood. This indicates the home is priced in line with its immediate surroundings but may offer value compared to the area as a whole.
3. When was it last sold, and for how much?
Public records indicate it was sold between 2021 and 2025, with an approximate price range of $250,000 to $300,000. The exact sale price is available upon request.
4. Is the lot size a concern?
The lot is under 3,000 square feet, which is smaller than typical lots on the street and in the city. This means less yard to maintain but also less private outdoor space. It’s a trade-off that aligns with the home’s efficient profile.
5. Are there comparable homes I can look at for reference?
The listing references nearby properties like 234 Knightsbridge Drive (800 sqft, 1972) and 23 Woodford Bay (960 sqft, 1973) as useful comparisons for size, age, and value within Meadowood.