Property Overview: 44 Knightsbridge Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 1972 bungalow in Meadowood presents a practical and affordable entry point into Winnipeg's housing market. With 924 sqft of living space on a 3,050 sqft lot, its scale is modest, particularly when compared to broader city averages. However, its appeal is rooted in its relative strength within its immediate neighbourhood. The home's assessed value ranks in the top 30% on its own street, suggesting it is viewed as a well-maintained or desirable property on Knightsbridge Drive. This creates a value proposition: a home that stands well among its direct peers, while offering a lower price point relative to the wider Meadowood area and the city.
The property suits first-time buyers or downsizers seeking a manageable, single-level home without a large yard to maintain. Its recent sale history (2021, in the $250k-$300k range) indicates it's a actively traded, affordable segment of the market. A thoughtful perspective is that this home represents stability rather than extravagance; its metrics suggest a purchase focused on necessity and community over size or luxury. It’s a home for someone who values a established neighbourhood character on a quiet street, and is comfortable with a property that is functionally sufficient rather than expansive.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The assessed value of $30,900 ranks above average for Knightsbridge Drive (top 30%), but below the average for the broader Meadowood area. This often indicates a well-kept home on a street of similarly valued properties, potentially offering good value within a specific, affordable pocket of the neighbourhood.
2. Is the living space smaller than typical homes?
Yes. At 924 sqft, the living area is below the average for both Meadowood and Winnipeg overall. This points to a compact, efficient layout suitable for individuals, couples, or small families who prioritize ease of maintenance over ample space.
3. What does the sold price history tell us?
It last sold between $250,000 and $300,000 in 2021. This price range was below the city-wide average at that time, consistent with the home's positioning as an affordable, modest-sized property. Exact sale prices can be requested from the listing service.
4. How does the lot size impact potential?
The lot of 3,050 sqft is smaller than most in Meadowood and the city. This limits potential for large additions or extensive landscaping but also means less outdoor upkeep. It's a manageable yard for gardening or relaxing without being burdensome.
5. Are homes from 1972 a concern?
Built in 1972, the home is of a typical vintage for its street and neighbourhood. Buyers should anticipate expected maintenance or updates for a house of this age, such as roofing, windows, or mechanical systems. A thorough inspection is always recommended.