Property Overview: 18 Sunway Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical and value-conscious opportunity in Winnipeg's Meadows neighbourhood. Built in 1987, it is a newer property compared to many in the city. Its primary appeal lies in its efficient use of space and its strong standing within its immediate community. At 1,040 sqft, the living area is notably above average for Sunway Avenue, suggesting a well-sized home for its street. The lot size of 4,398 sqft is also generous for the avenue, offering good outdoor space relative to direct neighbours.
The home’s assessed value positions it as a mid-range option, neither the most nor least expensive on its street or in the wider area. This, combined with its above-average living space for the avenue, indicates a potentially favourable value proposition for buyers seeking a comfortable footprint without a premium price tag. It last sold between 2019-2025 for an estimated $300k-$350k.
This property would suit first-time buyers or downsizers looking for a established home in a mature neighbourhood. It’s also a sensible fit for value-focused buyers who prioritize more interior and yard space relative to other homes on the same block, rather than seeking the largest lot in the broader area.
Section 2: Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows this home is a strong performer on its own street. It ranks in the top quarter for living area and lot size among the 28 homes on Sunway Avenue, meaning it offers more space than most of its direct neighbours. When compared to the entire Meadows area or city-wide, it becomes more average, which can be appealing for buyers seeking a standout property on a familiar, established block.
2. What does the assessed value tell me about the price?
The assessed value is a municipal valuation for tax purposes, not a market price. This home’s assessment is around the middle of the pack for its street and area. It suggests the home is not considered a high-end luxury property nor a budget fixer-upper by the tax assessor, aligning with its overall profile as a solid, mid-range home.
3. The home was built in 1987. What should I consider?
A home of this age is past its original builder warranties but is typically built with well-understood materials and layouts. Key systems like the roof, windows, furnace, and major appliances may be at or beyond their typical lifespans and should be carefully inspected. The upside is that many updates from the 1990s or 2000s may already be integrated.
4. The lot seems large for the street but smaller than the area average. Why is that important?
This is a key nuance. You’re acquiring one of the larger yards on Sunway Avenue, which is great for privacy and outdoor use compared to your immediate neighbours. While lots in other parts of Meadows might be larger on average, this lot offers a comparative advantage on its own avenue—a point often appreciated during resale within the same micro-market.
5. How can I find out the exact past sale price?
The precise sale price is not publicly displayed in detail due to data privacy practices. The listing service provides an estimated range. You can request the exact historical sold price by emailing the provided contact; they manually verify and share this information directly without using your email for marketing.