23 Shields Street

Property Overview: 23 Shields Street, Meadows, Winnipeg

Key Characteristics & Appeal

This home presents a compelling value proposition centered on space and established character. Its primary appeal is its generous 1,603 sqft of living area, which ranks in the top 6% on its street and the top quarter both in the Meadows area and citywide. This means you get significantly more interior space than most comparable homes. Built in 1978, it is one of the older homes on Shields Street, suggesting a well-established, mature streetscape. The lot is a standard size for the neighbourhood at just over 5,000 sqft.

The property suits buyers looking for a spacious interior in a settled community without a premium price tag, as its assessed value is consistently around the median for its immediate area. It’s ideal for those who prioritize room to grow over a newer build, and who appreciate a home that offers more square footage than its peers. A thoughtful perspective is that its "above average" size against "around average" value indicates a potentially efficient use of your investment dollar on livable space, rather than land or newness.

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 maintenance and systems (like roof, windows, furnace) may be nearer to requiring updates, but it also often comes with established landscaping and mature communities. A thorough inspection is advised.

2. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value shown ($390k) includes all property types across Winnipeg. This home’s assessment ($38.60k) is for tax purposes and is not market value. Its assessment is consistent with similar homes on its street and in Meadows.

3. What does the "Top 6%" ranking for living area actually mean?
It means that, compared to 16 similar homes on Shields Street, this property has more living space than 94% of them (it ranks 1st out of 16). This superior space ratio holds true when compared to the broader neighbourhood and city.

4. Can I find out the exact historical sale price?
The listed sale price ranges are based on public data. The page notes that you can request the exact sold price history by email, which they provide manually without using your email for marketing.

5. Are the nearby listed properties direct comparisons?
The "Nearby properties" are close in location, while "Similar assessed value" homes share the same tax assessment. For true comparables in size, age, and neighbourhood, the detailed rankings (vs. street, area, and city averages) on the page provide a more accurate context than the simple lists.