Property Overview: 267 Knightsbridge Drive, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 900 sqft bungalow, built in 1974, presents a practical and affordable entry point into Winnipeg’s Meadowood neighbourhood. Its key appeal lies in its manageability and value positioning. With a living area that is modest yet on par with many homes on its own street, it suits buyers looking for a lower-maintenance footprint without the premium price of a larger modern home. The lot size, while smaller than area averages, reduces yard work and upkeep—a potential benefit for downsizers or first-time owners.
The home’s assessed value is notably below the Meadowood average, suggesting a potentially accessible price point. This, combined with its age placing it among the newer homes on Knightsbridge Drive, indicates a property that may offer a balance of relative modernity and affordability. It would best suit pragmatic buyers such as first-time homeowners, investors, or retirees seeking a cost-effective, single-level living option in a stable, established community. A thoughtful perspective is that its smaller scale and lower taxes could free up budget for renovations or interior updates tailored to the new owner’s taste.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 900 sqft, the living area is slightly below the average for Meadowood (approx. 1,114 sqft) but is closer to the average for its specific street. It represents a more compact, efficient layout.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value ($30,400) is for municipal tax purposes. Market conditions, property condition, and recent upgrades ultimately determine the sale price. It is a useful benchmark, showing this home is valued below many in the wider neighbourhood.
3. What does the lot size mean for a buyer?
The 2,998 sqft lot is smaller than most in Meadowood. This typically means less exterior maintenance and gardening, which can be an advantage for those seeking simplicity, but may limit expansion or outdoor recreation space.
4. The home was last sold in 2017. Can I find out the exact sale price?
Exact historical sale prices are not publicly displayed. The listing indicates the 2017 sale was in the $200,000-$250,000 range. You can request the precise figure via the provided email service for verification.
5. What are the potential considerations with a 1974-built home?
Homes of this age are likely to have had several systems updated over time. A key consideration would be the age and condition of major components like the roof, windows, furnace, and electrical, which may be due for review or replacement.