Property Overview: 26 Edna Perry Way, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 26 Edna Perry Way in the Meadows neighbourhood presents a specific value proposition. Built in 2008, it’s a relatively modern home requiring less immediate attention than many older city properties. With 1,426 sqft of living space, it offers a practical footprint that is comfortably average for Winnipeg overall, though it is among the more compact homes on its own street. The lot size of just under 5,000 sqft is also typical for the local area.
The appeal here is grounded in value and efficiency. The home’s assessed value is notably lower than its immediate neighbours, which may indicate a different valuation approach or property features, yet it sits above the average for both the Meadows and the wider city. This creates an interesting dynamic: it could be perceived as a value opportunity within a desirable, newer-built street. It would suit first-time buyers or downsizers seeking a modern, low-maintenance home in a established suburban area without a premium price tag. A thoughtful buyer might see potential in the efficient layout and newer construction, understanding that while it isn't the largest on the block, it offers a cost-effective entry into a well-regarded pocket of the community.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the street average?
While the assessed value of $44,900 is the lowest on Edna Perry Way, it remains above the averages for the broader Meadows area and Winnipeg. This discrepancy can sometimes stem from differences in lot characteristics, finished living area, or specific property conditions as evaluated for tax purposes. It’s a key point to discuss with a real estate professional for context.
2. How does the living space compare practically?
At 1,426 sqft, the home is smaller than the direct street average but is very close to the city-wide average. This suggests a efficient, manageable layout suitable for smaller households, rather than an unusually small property in the grand scheme of the Winnipeg market.
3. What does the sale history indicate?
Records show a previous sale between $350k-$400k in 2016. This provides a historical benchmark, but market conditions have evolved. For the most precise past sale price, you can request the exact figure via the provided email service.
4. Is the 2008 build date an advantage?
Yes. A home built in 2008 is relatively new compared to Winnipeg's median home age. This typically means major components like roofing, windows, and HVAC systems are likely mid-life, potentially reducing near-term capital repair costs compared to much older homes.
5. How does the lot size affect the property?
The lot is average for the Meadows neighbourhood. It provides standard suburban outdoor space but is not an exceptionally large yard. This could be a positive for those seeking lower yard maintenance, but a consideration for buyers envisioning extensive landscaping or expansions.