Property Overview: 218 Lynn Lake Drive
Key Characteristics & Appeal
This home at 218 Lynn Lake Drive presents a compelling opportunity in Winnipeg's Meadows neighborhood. Built in 1985, its primary strength is its generous living space. At 1,490 square feet, it offers significantly more room than most homes on its own street and is comfortably above average for the wider area. This makes it a standout for buyers seeking space without moving to a newer, often more distant suburb.
The appeal lies in its established, balanced profile. The lot size is typical for the community, providing a manageable yard. Its assessed value sits in the middle range locally, suggesting a fair market position. The home’s age places it among the newer properties on its street and citywide, which can imply more modern construction standards than much older homes, though updates may be needed. This property would suit practical buyers—growing families, space-seeking downsizers, or first-time buyers looking for a home with room to grow—who value square footage and an established neighborhood over a brand-new build. It’s a home that offers more interior space than its immediate peers, representing a smart value for the right buyer.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
This is one of the larger homes on Lynn Lake Drive. At 1,490 sq ft, it ranks in the top 11% for living area on its own street, where the average is about 1,060 sq ft.
2. What is the property's assessed value and what does it indicate?
The assessed value is $39,300. This is above average for its street but right around the median for the broader Meadows area, indicating a fairly valued property in line with community norms.
3. When was the home built, and is that considered old for the area?
The home was built in 1985. It is actually newer than many homes on its street and is above the citywide average for age, placing it in a relatively newer segment of Winnipeg's housing stock.
4. What were the previous sale prices?
Public records indicate it sold in the range of $350k-$400k in 2019 and $250k-$300k in 2017. For the exact sold price, you can request details via email from the listing service.
5. Is the lot size typical?
Yes. The lot of 5,398 sq ft is very close to the average for both Lynn Lake Drive and the Meadows neighborhood, offering a standard yard size for the community.