Property Overview: 15 Cambie Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 15 Cambie Road in the Meadows neighbourhood presents a solid, value-oriented opportunity. Built in 1984, its key advantage is a generous 6,298 sqft lot, which is notably larger than most properties on its street and in the wider area. This offers valuable outdoor space and potential for gardening, expansion, or simply more privacy. The living area of 1,040 sqft is practical and in line with the local average for the street.
The appeal here is grounded in space and position. You're acquiring a property that stands out for its lot size within its immediate context, while the home itself is a manageable size for upkeep. Its assessed value is modest relative to the city, suggesting a potentially accessible entry point into the market. This property would suit first-time buyers or practical downsizers looking for a balance of indoor and outdoor space without a premium price tag. It’s a home for those who see value in the land itself and are comfortable with a house that may benefit from personal updates over time.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is a significant feature. At over 6,200 sqft, it ranks in the top 6% on Cambie Road and the top 17% in the Meadows area, meaning it is substantially larger than many of its neighbours.
2. What is the likely condition of a home built in 1984?
While the build year is newer than many on the street, a 40-year-old home will have components nearing the end of their service life. A thorough inspection is advised to assess the roof, windows, major systems, and any original appliances.
3. Why is there a discrepancy in the assessed value figures?
The data shows a very low assessed value (e.g., $36.80k) compared to a recent sale price range ($250k-$300k in 2020). This is because the "assessed value" shown is likely the land assessment portion only, not the total property assessment which includes the building. This is a common point of confusion in the data presentation.
4. What does the sold price history indicate about the area?
The home sold in the $250k-$300k range in 2020. This historical price, combined with the current low land assessment, suggests the area may offer more affordable options compared to city-wide averages, but market conditions have likely changed since that last sale.
5. How can I get the exact historical sale price?
The provider notes that the prices shown are estimated ranges from public data. To obtain the precise sale price, you must request it directly via email through their system, as they manually verify and provide the accurate figure.