Property Overview
26 Thunder Bay is a well-established home in Winnipeg's Meadowood neighbourhood. Built in 1975, it sits on a generous lot and offers a practical living space. Its appeal lies in its solid, average positioning across key metrics, presenting a stable and predictable option in the market. The home suits first-time buyers or downsizers looking for a manageable property without extreme highs or lows, and who value a larger yard space relative to many area homes.
Key Characteristics & Appeal:
The 1,040 sqft home is consistently "around average" for its living area and assessed value when compared to its street, neighbourhood, and the wider city. This consistency suggests it's a typical home for the area, reducing surprises. The 5,950 sqft lot is a standout, ranking in the top 23% within Meadowood, offering above-average outdoor space. A less obvious point of appeal is its year-built ranking on its own street: it's in the "Elite" top 3%, meaning it is one of the newest homes on Thunder Bay, which may imply newer infrastructure or updates compared to immediate neighbours. The last known sale was between $350k-$400k in 2022. Ultimately, it’s a property for a pragmatic buyer who appreciates a larger yard and a home that aligns closely with neighbourhood norms, offering a sense of stability rather than standout luxury or fixer-upper potential.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it is consistently average in size and value. Its living area is very typical for Meadowood. The lot size, however, is notably larger than many in the neighbourhood, which is a key advantage.
2. What does the "Elite" ranking for year built mean?
This only refers to its ranking on its specific street (Thunder Bay). Being in the top 3% there simply means it is one of the newest houses on that block. Compared to the whole city, its 1975 build date is around average.
3. Is the assessed value the same as the market value?
No. The assessed value (approximately $38k) is for municipal tax purposes. The market value is what a buyer would pay, which is better indicated by the 2022 sale price range of $350k-$400k.
4. What is the benefit of a larger lot in this context?
The lot is above average for Meadowood. This provides more private outdoor space, potential for gardening, expansion, or future additions, and often contributes to a less crowded feel compared to properties on smaller lots.
5. How can I find out the exact past sale price?
The exact sold price is not publicly listed. As noted on the detail page, you can request it by email from the service, which provides the accurate figure manually without using your email for marketing.