Property Overview: 10 Parkwater Crescent, Meadows, Winnipeg
Section 1: Key Characteristics & Appeal
This 1986-built home in Meadows presents a compelling case based on its strong comparative metrics. With 1,665 sqft of living space, it offers above-average roominess for both the neighbourhood and the wider city. Its true standout feature is the land: a 9,823 sqft lot that ranks in the top 3% within Meadows, offering exceptional outdoor space potential that is increasingly rare.
The appeal lies in its balanced profile. It’s not an outlier in any single category but performs consistently well across the board. The assessed value is notably above average for the area, suggesting a quality build or desirable location within the street. The home last sold in the 2022 market for an estimated $550k-$600k, a price point that placed it in the top 2% of the Meadows area at that time, indicating strong past buyer competition.
This property would suit buyers looking for a established home in a mature neighbourhood who prioritize generous lot size over a brand-new build. It’s ideal for those wanting space for gardens, play, or future additions. The data suggests it’s a solid, above-average property within its context, appealing to pragmatic buyers seeking a long-term home with room to grow, rather than a starter property or a luxury showcase.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its last sale price?
The home sold for an estimated $550,000-$600,000 in 2022, a price that was in the top 2% for the Meadows area at that time. Its current assessed value for tax purposes is $54,900.
2. What does the lot size ranking actually mean?
A lot size ranking in the "Top 3%" for Meadows means this property’s 9,823 sqft parcel is larger than approximately 97% of lots in the neighbourhood. This is its most distinguished feature, offering significant private outdoor space.
3. Is a 1986-built home considered old?
While 40 years old, the data provides context: its build year is newer than the Winnipeg city-wide average and is comparable to the average on its own street. This suggests the home is in line with the expected age for a well-established neighbourhood like Meadows.
4. The assessed value seems high for the area. Is that good?
A consistently above-average assessed value across the street, neighbourhood, and city-wide comparisons typically indicates a property that is valued higher due to factors like lot size, living area, construction quality, or desirability of its specific location.
5. How can I find out the exact historical sale prices?
The provider offers a manual service to share exact sold price data upon request via email, as only estimated ranges are published publicly on the site to ensure accuracy.