Property Overview: 168 Meadow Gate Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in the Meadows neighbourhood presents a compelling blend of space, value, and established community living. Built in 1978, its key strength is its generous 1,458 sqft living area, which ranks in the top 6% for size on its own street, offering more interior space than most immediate neighbours. The lot size is also a notable feature, being above average for the broader Meadows area.
The appeal lies in its position as a spacious, established property within a mature neighbourhood. The assessed value is consistent with area averages, suggesting a fair market positioning. It would particularly suit buyers looking for a home with room to grow or simply more square footage than typical offerings in the area, without a premium price tag. It’s a practical choice for those who value neighbourhood character over new construction, and who may see potential in a home of this vintage. A thoughtful perspective is that while the home is older than many in Meadows, its larger footprint on a good-sized lot offers a foundation that newer, denser developments often can't match.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1978, the home is older than 90% of properties in the Meadows area. This typically means potential maintenance or update considerations, but it also often correlates with larger lot sizes and established landscaping not found in newer subdivisions.
2. Is the assessed value an accurate reflection of the likely selling price?
The assessed value ($41.10k) is for municipal tax purposes. The last known sale was between $250k-$300k in 2019. The current market value will depend on condition, updates, and market trends, so a professional appraisal or comparative market analysis is essential.
3. What does it mean that the living area is in the "top 6%" on the street?
This statistical ranking indicates that this home has more interior square footage than 94% of the 63 comparable homes on Meadow Gate Drive. It’s a standout feature for buyers prioritizing space.
4. Can I get the exact historical sale prices for this property?
The provider offers to supply exact sold price history manually via email upon request, as the public data displayed is presented as a range.
5. How does the lot size compare to the rest of the city?
At 5,598 sqft, the lot is around the city-wide average. However, within the Meadows neighbourhood, it ranks in the top 30%, meaning it’s larger than most lots in the immediate area, which is a relative advantage for outdoor space.