Property Overview
10 Tychonick Bay is a well-situated home in Winnipeg's Meadows neighbourhood, offering a balanced blend of space, modernity, and established value. Built in 2013, it stands out as one of the newest homes in its immediate area.
Key Characteristics & Appeal
This property presents a compelling case for buyers seeking a move-in ready home without the concerns of an older build. Its 1,804 sqft of living space is comfortably above average for both the wider city and the Meadows area, offering ample room without being oversized. The lot size of just under 5,000 sqft is typical for the street, providing a manageable yard.
The home’s primary appeal lies in its modern age and strong market position. Being built in 2013 places it in the top 1% of homes for year built within Meadows, suggesting less immediate expenditure on major system updates or renovations compared to older stock. Its recent sold prices (2022 and 2024) consistently placed in the top 1-6% of the area, indicating a history of holding and building value in a desirable location.
This home would suit practical buyers who prioritize a modern construction timeline within an established community. It’s an excellent fit for growing families or professionals looking for a turnkey property that has already proven its market resilience. A less obvious perspective is its appeal to value-conscious buyers who want newer infrastructure but may find brand-new subdivisions less appealing; this home offers that modern foundation within a mature neighbourhood context.
Frequently Asked Questions
1. How does this home compare in size to its neighbours?
At 1,804 sqft, the living area is very close to the street average (1,778 sqft) but is notably larger than the average home in both the broader Meadows area and citywide, placing it in the top 14-17% for space in those comparisons.
2. Is the assessed value a good indicator of the market price?
The assessed value is one data point, but recent sale history is more telling. This home sold within the $600k-$650k range in both 2022 and 2024, placing those sale prices in the top 1-6% for the Meadows area at those times, suggesting its market value significantly exceeds its assessed value.
3. What does the "Elite" ranking for year built mean?
It means 10 Tychonick Bay is among the very newest homes in the area. Built in 2013, it is newer than 99% of homes in the Meadows neighbourhood, indicating a modern build with contemporary standards and likely younger major components like roof, HVAC, and windows.
4. Is the lot size a pro or a con?
The lot is typical for Tychonick Bay and the Meadows area. At 4,982 sqft, it is not exceptionally large but provides a standard suburban yard space. It requires less maintenance than a larger lot but may offer less privacy or expansion potential than some.
5. What is the neighbourhood character suggested by this data?
The data suggests Tychonick Bay is a consistent and established street. Homes are similar in age (with this one being the newest), lot size, and living area, indicating a uniform, planned development. The strong and consistent sale prices point to a stable, in-demand location within Meadows.