Property Overview
This home at 197 Woodside Crescent in Winnipeg's Meadows neighbourhood presents a specific value proposition. Built in 1989, it is a newer construction compared to many homes in the city. The 1,038 sqft living space is modest, particularly for its immediate street, but it sits on a well-sized 5,698 sqft lot that is above average for the Meadows area. Its assessed value is consistent with local averages. The property last sold between 2021 for a price in the CA$400k–450k range.
Key Characteristics & Appeal
The primary appeal of this property lies in its efficient scale and its lot size. It is well-suited for first-time buyers, downsizers, or investors seeking a manageable home with lower maintenance costs, both inside and out, without sacrificing outdoor space. The above-average lot for the neighbourhood offers good potential for gardening, expansion, or simply more private outdoor living.
A thoughtful perspective is that while the living area is compact, its newer build date (relative to the city's housing stock) may mean fewer immediate concerns with major aging components like roofing or foundation, which can be a hidden advantage. The data suggests it’s a home that prioritizes land over square footage, appealing to those who value outdoor space or future expansion potential more than extensive finished interior space.
Frequently Asked Questions
1. Is the living area too small?
At 1,038 sqft, the home is below the average for its street and neighbourhood. It is best viewed as a compact or efficient layout, ideal for smaller households or those comfortable with cozy living spaces.
2. How does the lot size compare?
The 5,698 sqft lot is a standout feature for the Meadows area, ranking above average. This provides more yard space than many comparable properties in the immediate vicinity.
3. What does the sold price history indicate?
The home sold in the CA$400k–450k range in 2021. This sale price ranked around the middle compared to similar sales on the street, but above average for the wider neighbourhood and city at that time, suggesting the specific property characteristics were valued.
4. Is a 1989-built home considered old?
No, quite the opposite. Built in 1989, this home is newer than most in Winnipeg and is one of the newest on its street. This often translates to modern construction standards and potentially updated core systems.
5. How can I get the exact historical sold price?
The exact sold price is not publicly listed. You can request it directly via the email button on the listing page. The service provides the accurate figure manually and does not use your email for marketing spam.