Property Overview: 136 Sanford Fleming Road, Winnipeg
Key Characteristics & Appeal
This 880 sqft bungalow, built in 1978, sits on a 3,214 sqft lot in the Meadows neighbourhood. Its primary appeal lies in its position as a competitively priced, no-fuss entry point into the Winnipeg market. The home is notably consistent with others on its street in terms of size, lot, and value, offering a sense of neighbourhood uniformity. However, the data reveals a more nuanced story: while the property is average for its immediate block, it falls below the larger averages for both the Meadows area and the city overall in living space and lot size. This translates to a lower assessed value, which is a defining characteristic.
This profile suits first-time buyers or practical investors seeking an affordable, low-maintenance footprint. Its appeal is grounded in value and simplicity, not premium space or modern features. A thoughtful perspective is that this home represents the "baseline" of its street—it’s not an outlier, but a core part of the established community fabric. For the right buyer, this stability and lower tax assessment can be a strategic advantage.
Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold in the $300k-$350k range in 2023, which is significantly higher than its current assessed value of $29,400. This is a typical gap in many markets, where market value (sale price) and municipal assessed value for tax purposes are calculated differently and can be years apart.
2. Is the living space smaller than average?
Yes. At 880 sqft, the home is smaller than the average home in the Meadows area (~1,286 sqft) and Winnipeg overall (~1,342 sqft). However, it is quite typical for Sanford Fleming Road, where the average is 944 sqft.
3. What does the "below average" year built ranking mean?
In the Meadows area, a rank in the 90th percentile for year built means about 90% of homes are newer. Built in 1978, this home is older than most in the immediate neighbourhood, suggesting the area has seen significant development in the 1980s and 1990s.
4. How does the lot size impact potential?
The lot is approximately 3,214 sqft, which is below the area average. This suggests limited potential for large-scale expansions or additions compared to properties on larger lots, but it is perfectly standard for the street itself.
5. Where can I see more context about the immediate neighbourhood?
The listing references a neighbourhood analysis page that maps nearby houses, allowing for a direct visual comparison of year built, living area, assessed value, and lot size with the surrounding properties.