Property Overview & Key Characteristics
This home at 449 Meadowood Drive presents a compelling mix of space, value, and location within Winnipeg's Meadowood neighbourhood. Built in 1973, its primary appeal lies in its generous, above-average lot size of 5,776 sqft—a standout feature that ranks in the top 10% on its own street and top 27% in the broader Meadowood area. This offers significant outdoor space and potential not found in many comparable properties. The living area of 1,040 sqft is comfortably in the middle range for the local area, providing adequate interior space without being oversized.
The property’s assessed value is notably strong for its immediate street, ranking in the top 12%, which suggests it is perceived as a solid asset within its most direct peer group. A recent sale in the $300k-$350k range aligns with this. A thoughtful perspective is that this home offers a "larger backyard than you'd expect" for its price point and era, appealing to those who prioritize private outdoor space over a brand-new build. It would suit first-time buyers, downsizers, or practical investors looking for a well-positioned lot in an established neighbourhood, who are comfortable with a home from the 1970s and may see value in its land footprint over a more modern interior layout.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a key feature. At 5,776 sqft, it is substantially larger than the average lot on Meadowood Drive (3,753 sqft) and in the Meadowood area (5,554 sqft), offering more privacy and room for gardens, play, or expansion.
2. Is the home older than others in the area?
Yes, it was built in 1973. On its street and in the Meadowood area, it ranks in the bottom 25% for year built, meaning it is among the older homes locally. City-wide, however, its age is closer to the median.
3. What does the assessed value ranking indicate?
Having an assessed value in the top 12% on its street indicates that, compared to its closest neighbours, the property is considered above average in value. This can reflect its lot size, condition, or improvements relative to other homes on Meadowood Drive.
4. Can I find out the exact historical sale price?
The provided sale price is a public range. The exact sale price is available by request via email from the listing service, which they provide manually without using your email for marketing.
5. How does the living space feel for the neighbourhood?
At 1,040 sqft, the living area is slightly above the street average (964 sqft) and just below the Meadowood area average (1,114 sqft). It offers a moderate, functional amount of space that is typical for the community, neither cramped nor expansive.