Property Overview: 34 Lafortune Bay, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,155 sqft bungalow, built in 1984, sits on a 4,916 sqft lot in the Meadowood neighbourhood. Its key appeal lies in its positioning as a competitively sized and valued home within a mature, established area. The data reveals a nuanced story: while it is one of the smaller and lower-assessed homes on its own street (Lafortune Bay), it compares more favourably within the broader Meadowood area and city-wide averages. This suggests it offers a practical entry point into a desirable pocket of the neighbourhood.
The home would suit first-time buyers or downsizers seeking a manageable property without the premium price tag of the largest homes on the street. Its above-average age ranking indicates it is among the newer homes in its comparative groups, which can be appealing for maintenance considerations. A thoughtful perspective is that this property represents the "value play" on its block—offering similar location benefits as neighbouring homes, potentially with lower property taxes due to its assessed value, making it an efficient choice for budget-conscious buyers who still want the neighbourhood lifestyle.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare to others?
While it's below the average size for Lafortune Bay, it is actually above the average living area for the wider Meadowood area. This indicates you're getting a home that is reasonably spacious for the neighbourhood, just on a street where many homes are larger.
2. Why is the assessed value relatively low?
The assessed value is the lowest on its street but aligns closely with the averages for Meadowood and city-wide. This typically reflects the home’s smaller size and potentially more modest features compared to its immediate neighbours, not necessarily the condition or desirability.
3. What does the "above average" year built ranking mean?
Built in 1984, this home is newer than many in Winnipeg and in Meadowood. On its street, it ranks in the top 25%, meaning only a few homes are newer. This can be an advantage regarding the age of major components like wiring, plumbing, and insulation compared to older stock.
4. Is the lot size a drawback?
The lot is smaller than average for the street and Meadowood, but near the city-wide average. It provides a manageable yard space for maintenance, which could be seen as a benefit for those not wanting extensive outdoor upkeep.
5. How can I find out the exact historical sale price?
The listed sale price is a public data range. To obtain the exact sale price from its last transaction, you must request it via email through the provided service on the listing page. This is a manual process to ensure data privacy and accuracy.