Property Overview: 46 Hollyhock Road, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1975, presents a solid, no-surprises offering in the established Meadowood neighbourhood. Its key appeal lies in its consistency and position as a dependable entry-point into the Winnipeg market. The home sits on a roughly 5,500 sqft lot, with living space and land area that are squarely average for its immediate street and area, indicating a typical, manageable property size.
A thoughtful perspective is its relative strength in assessed value within Meadowood, where it ranks in the top 29% of comparable homes. This suggests it may be viewed as a better-maintained or more desirable property within the neighbourhood context compared to its peers. Additionally, it is the newest home on its block (ranking top 13% on Hollyhock Road for year built), which can be a subtle advantage for systems and structure within an older area.
This property would best suit first-time buyers or practical downsizers seeking a straightforward, low-maintenance home in a quiet, mature area. It’s for those prioritizing neighbourhood stability over modern finishes, and who see value in a home that performs reliably against local benchmarks without standing out as either a fixer-upper or a premium listing.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold in 2024 for an estimated $350k-$400k. This sale price ranked in the top 22% for the Meadowood area at the time, indicating it likely sold at a competitive price point above the area average.
2. Is the assessed value a reliable indicator of the market price?
The assessed value is $39,700, but this is for taxation purposes and is not a market appraisal. Its more useful insight is in comparison: this assessment ranks in the top 29% in Meadowood, suggesting the city views it as a higher-value property within its local market.
3. What does it mean that this is the newest home on the block?
Built in 1975, this bungalow is the most recently constructed among the eight comparable homes on Hollyhock Road. This can imply potentially fewer age-related issues than immediate neighbours, though a full inspection is still essential.
4. How does the living space feel for a family?
At 1,040 sqft, the living area is slightly below the city-wide average but typical for Meadowood. It represents a compact, efficient layout likely suitable for a small family, couple, or individual, prioritizing function over ample space.
5. Where can I see more detailed comparisons with neighbouring properties?
A dedicated neighbourhood analysis page is available to map this home alongside nearby properties, allowing for direct visual comparison of year built, lot size, living area, and assessed value.