Property Overview: 51 Sterling Avenue, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 2004-built home in Meadowood stands out for its generous proportions, both in the home itself and on the lot. With 1,875 square feet of living space, it offers significantly more room than most homes in the wider area. Its most distinctive feature is the 14,237 square foot lot, which places it in the top 2% of properties citywide for land area, offering exceptional outdoor space and privacy for an urban setting.
The appeal lies in this combination of a modern, spacious home on a large, rare lot. The property's assessed value ranks in the top 1% within Meadowood, indicating it is considered a premium home for the neighbourhood. It suits buyers looking for a move-in ready, newer construction who prioritize expansive yard space for gardening, recreation, or future expansion. It’s an ideal fit for families seeking room to grow or for anyone valuing a sense of openness and land in the city. A less obvious perspective is its appeal to value-conscious buyers seeking a premium lot; while the home is modern, the land itself represents a scarce commodity that is unlikely to be replicated in new developments.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average on Sterling Avenue in all measured categories. Most notably, it has a larger living area and a higher assessed value than most of its immediate neighbours, and its lot is over 2,000 square feet larger than the street average.
2. What does the "Elite" ranking for land area mean?
This means the property's lot size is in the top 2% when compared to all similar residential properties across Winnipeg. It signifies an unusually large and potentially valuable parcel of land for the city.
3. The home sold in 2022. Can I find out the exact price?
The public data shows a sale range. The exact, precise sold price is available by request directly from the listing service. You can submit your email to receive the accurate figure, typically provided by the end of the same day.
4. Is a 2004 build considered "new" for this area?
Yes. The average year built for homes in Meadowood is 1978. At 22 years old (as of 2025), this property is significantly newer than most in the neighbourhood, suggesting modern building standards and likely less immediate need for major system updates.
5. What is the practical benefit of a higher assessed value?
While not a direct market price, a consistently high assessed value relative to the area often reflects the municipality's view of the property's premium attributes (like size, condition, and lot). It can indicate a strong basis for equity and resale value within its market tier.