Property Overview: 38 Knightsbridge Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 38 Knightsbridge Drive in Meadowood is a practical, no-fuss property built in 1972. Its key appeal lies in its relative affordability and manageable scale within a stable, established neighbourhood. With 909 square feet of living space on a 3,050 sqft lot, it is a compact home that ranks around average for its immediate street but is notably below the average size for both the broader Meadowood area and the city overall. This positions it as a more accessible entry point into the neighbourhood.
The home’s assessed value is modest compared to area averages, suggesting a potentially lower property tax burden. Recent sale history indicates steady market activity. Its appeal is grounded in simplicity and function rather than luxury. It would best suit first-time buyers seeking an affordable starter home, downsizers looking for a low-maintenance property, or pragmatic investors interested in a straightforward rental property. A thoughtful perspective is that this home represents the "bones" of a neighbourhood—a well-located, fundamental property that offers a chance to enter the market and add value through updates over time, rather than a turn-key or premium offering.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 909 sqft, the living area is slightly smaller than the average home on Knightsbridge Drive (~978 sqft) and is more compact than the typical Meadowood home (~1,114 sqft). It offers efficient, manageable space.
2. What does the assessed value tell me about this property?
The assessed value of $29,400 is below the Meadowood average, which often correlates with lower property taxes. It’s important to note that assessed value is for municipal taxation and does not directly predict market sale price.
3. Is the lot size a constraint?
The 3,050 sqft lot is smaller than many in Winnipeg, but is fairly typical for its specific street. It provides adequate outdoor space for a patio or small garden without demanding extensive upkeep.
4. The home was built in 1972. What should I consider?
As a home from the early 1970s, a thorough inspection of major systems (roof, wiring, plumbing, insulation) is essential. This age of home often presents opportunities for modernization to improve energy efficiency and layout.
5. How can I find out the exact past sale prices?
The listed sale price ranges are based on public data. To obtain the exact historical sale prices, you must request them directly via the provided email service on the listing page. This is a manual process done to ensure accuracy.