Property Overview: 70 Appelmans Bay, Winnipeg
Key Characteristics & Appeal
This home at 70 Appelmans Bay in Meadowood presents a compelling blend of modern convenience and established neighbourhood value. Built in 2003, it is notably newer than most homes in its immediate area and across Winnipeg, ranking in the top 3-5% for its year of construction locally. This suggests updated building standards and potentially lower immediate maintenance needs compared to older stock.
The 1,576 sqft living area is efficiently sized, offering more space than the typical Winnipeg home while remaining manageable. Its true standout feature is its assessed value, which ranks in the elite top 3% within the broader Meadowood area, indicating the property is highly valued relative to its neighbours. This strong assessment, combined with a solid past sale in the 2020-2025 period, points to a history of stable or appreciating value.
The appeal lies in securing a relatively modern home in a mature neighbourhood without paying a premium for the very largest lot or square footage. It suits practical buyers looking for a move-in-ready property that balances space, modernity, and proven value retention. It’s an ideal fit for young families or professionals seeking a home that won’t require major updates, and for value-focused investors who appreciate its above-average standing in key financial metrics within its community.
Frequently Asked Questions
1. How does the home’s size compare to others on the street?
At 1,576 sqft, the living area is very close to the street average (1,664 sqft), placing it in the middle of the pack. It offers a comfortable size without being the largest on the block.
2. What does the “Elite” assessed value ranking mean for Meadowood?
Ranking in the top 3% for assessed value in Meadowood means this property is officially valued higher than 97% of homes in the neighbourhood. This often reflects a combination of the home’s condition, modern build year, and desirable location on the street.
3. Is the lot size typical for the area?
Yes. The 5,498 sqft lot is around the average for both Appelmans Bay and the wider Meadowood area, offering standard outdoor space for the community.
4. The home sold between 2020 and 2025. Can I get the exact price?
The provided data shows a sale in the range of CA$400k–450k. The exact sold price is available by request through the listing service, which provides it manually via email.
5. Given it was built in 2003, what major systems might need attention soon?
While newer than most area homes, a 23-year-old property means key components like the roof, major appliances, and the HVAC system are likely in the middle to later stages of their typical lifespans. A thorough inspection is recommended to gauge their remaining service life.