Property Overview: 119 Spring Meadow Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 119 Spring Meadow Crescent in the Meadows neighbourhood is a practical property that offers solid value, particularly for its generous lot size. Built in 1984, it features 1,227 square feet of living space. Its primary appeal lies in its land: at over 6,000 square feet, the lot is notably larger than most in the immediate area and across Winnipeg, offering ample outdoor space for gardening, play, or expansion.
The home’s assessed value is modest and in line with area averages, suggesting a potentially accessible entry point into the market. It last sold in the 2022 market, and its living space is somewhat smaller than other homes on its specific street, indicating a cozier interior footprint. This property would best suit first-time buyers, downsizers, or value-focused investors who prioritize land size over a large interior and are comfortable with a home that may benefit from updates. It’s a grounded choice for someone seeking a manageable house with the valuable asset of a bigger-than-average yard in a mature community.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot of 6,098 sq ft is a standout feature. It ranks in the top 19% within the Meadows area, meaning it is significantly larger than most neighbouring lots, which average around 5,372 sq ft.
2. Is the living space smaller than other homes on the street?
Yes. With 1,227 sq ft of living area, this home is below the street average (1,542 sq ft) and ranks in the lower quarter (32nd out of 42) for size on Spring Meadow Crescent itself.
3. What does the assessed value indicate about the property's tax basis?
The assessed value of $43,700 is around the average for the street and neighbourhood. This suggests municipal property taxes should be typical for the area, not disproportionately high or low.
4. The home sold in 2022. Is the exact price available?
The public data shows a sold price range of CA$500k–550k for 2022. The exact, precise sale price is not published online but can be requested directly from the listing source.
5. How does the age of the home compare city-wide?
Built in 1984, this home is newer than the Winnipeg city-wide average for comparable homes (1966), placing it in the top 30% for its age cohort. This suggests major components like the roof, windows, and systems may be from a more modern era than many city homes.