Property Overview: 2 Clouston Drive, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1984, presents a solid, no-fuss opportunity in the Meadows neighbourhood. Its primary appeal lies in offering above-average space and a newer build date compared to its immediate street, where it ranks in the top 17% for living area and top 8% for year built. The lot size of 4,199 sqft is also generous for the street. This creates a value proposition of a relatively modern home with good interior space on a decent lot within its own micro-market.
However, context is key. When zooming out to the wider Meadows area or city-wide, the home shifts to being average or below average in metrics like lot size and assessed value. This suggests the property is a strong performer on its specific street but sits in a more modest position within the broader market. It would suit a practical buyer—perhaps a first-time homeowner or downsizer—who prioritizes a well-sized, relatively contemporary home on a quiet street over a premium lot size or a location in a top-tier city-wide suburb. The stable sales history in the $250k-$300k range indicates a reliable, entry-level market segment.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
Yes. The data shows this home ranks highly on Clouston Drive itself, particularly for living area, year built, and lot size. You are getting more house and a newer build than most of your immediate neighbours.
2. Why is the assessed value relatively low compared to the city average?
The assessed value is below average for the Meadows area and around average city-wide. This reflects the home’s more modest market segment and the generally lower valuation metrics in this specific part of Meadows compared to some other Winnipeg neighbourhoods.
3. What does the lot size mean for potential expansion or gardening?
At 4,199 sqft, the lot is larger than most on the street, offering good private outdoor space. However, it is below the average for the Meadows area, so expectations for extensive additions or very large garden setups should be tempered compared to other parts of the neighbourhood.
4. How does the age of the home (1984) affect maintenance?
Built in 1984, the home is past its 40-year mark, meaning some major components (like the roof, windows, or original HVAC) may be due for inspection or replacement. Its newer build date compared to the city-wide average is a positive, but a thorough inspection is still advised.
5. Who would this property not suit?
It may not suit buyers seeking a premium lot size within the Meadows area, those looking for a top-tier investment based on city-wide comparisons, or anyone wanting a move-in-ready home without the potential for updates common to a property of this age.