Property Overview & Key Characteristics
This home at 3 Woodford Bay in Winnipeg's Meadowood neighborhood presents a compelling blend of space, value, and established community. Built in 1973, its key appeal lies in its strong relative value and above-average lot size for the area. With 1,040 sqft of living space, it is notably larger than most direct neighbors on Woodford Bay, ranking in the top 15% on its street. The nearly 6,000 sqft lot is also generous, placing in the top 22% within Meadowood.
The home’s assessed value of $44,200 consistently ranks in the top tiers—6% on its street and 11% in the neighborhood—suggesting it is viewed as a higher-value property compared to its peers. Recent sale history indicates strong, competitive price growth. This profile suits value-conscious buyers looking for a well-sized home on a substantial lot in a mature neighborhood, particularly those who appreciate a property that stands out positively in its immediate surroundings without being the largest or newest home city-wide.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,040 sqft, this home is larger than the average (949 sqft) for comparable homes on Woodford Bay itself, offering more interior space than most of its direct neighbors.
2. What does the assessed value ranking indicate?
The assessment ranks in the top 6% on its street and top 11% in Meadowood. This suggests the municipal assessment views this property as having higher value relative to many nearby homes, which can be a positive indicator of its standing in the local market.
3. Is the lot size a notable feature?
Yes. The lot of 5,998 sqft is above the Meadowood neighborhood average, providing more outdoor space than over 75% of comparable properties in the area.
4. The home was built in 1973. Is that older than most in the area?
On Woodford Bay, it is actually the newest home among the 34 listed comparables. Within the broader Meadowood neighborhood, however, it is slightly older than the average comparable home built in 1978.
5. Where can I see more detailed comparisons with neighboring properties?
A dedicated neighborhood analysis page is available to view this property on a map and compare details like year built, living area, and lot size with nearby houses. A link is provided in the full property details to open this tool.