Property Overview
This home at 120 Sanford Fleming Road in the Meadows neighborhood presents a practical and straightforward ownership opportunity. Built in 1979, it is a 998 sqft house on a 3,249 sqft lot with a current assessed value of $30,100.
Key Characteristics & Appeal
The primary appeal of this property lies in its relative standing within its immediate locale. On its own street, it ranks well above average for both living space and lot size compared to its 36 closest neighbors. This suggests it offers better value and more room than many homes on the same block. However, when viewed against the broader Meadows area and the entire city, its size and assessed value are below the respective averages. This creates a specific dynamic: you are acquiring a competitively sized home for the specific street, but in a neighborhood and city context where property sizes and values are generally higher.
It would suit a first-time buyer or an investor looking for an entry point into the Winnipeg market, particularly someone who values a established, tight-knit street atmosphere over a large lot. The below-average city-wide assessment could indicate a manageable tax burden. A thoughtful perspective is that this home represents a "street-level standout" rather than a "neighborhood standout," offering a sense of relative advantage on a micro-scale.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed value for tax purposes is not the same as market value. This assessment reflects its value relative to similar properties for municipal tax calculation. Its position as "below average" for the Meadows area is a key factor here.
2. How does the lot size compare to nearby homes?
The 3,249 sqft lot is above average for Sanford Fleming Road itself, but below the average lot size for the wider Meadows neighborhood. This means you likely have more yard space than your immediate neighbors, but less than many homes a few blocks away.
3. What does the sold price history indicate?
Public records show it last sold between $200k-$250k in 2017. For the exact sale price, you can request the information via email from the listing service.
4. Is the home older than others in the area?
Built in 1979, it is slightly older than the average home in the Meadows neighborhood but is very typical for its own street and close to the average age city-wide.
5. What are the comparable properties nearby?
The listing suggests several homes on the same street and in Meadows with similar assessed values, living areas, and age, such as 58 Sanford Fleming Road and 7 Conlin Street, which can provide useful context for comparison.