Property Overview: 27 Meadow Gate Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in the Meadows neighbourhood presents a balanced offering for buyers seeking space and established community value. Built in 1979, its key appeal lies in its generous 6,392 sqft lot, which ranks well above average for both the immediate street and the broader Meadows area. This provides significant outdoor space and potential relative to many nearby properties. The 1,074 sqft living area is comfortably sized and typical for the locale.
The home’s assessed value of $370,000 positions it above average for its specific street, suggesting it is viewed favorably within its most direct peer group. A recent sale in the 2024 $300k–$350k range provides a solid market benchmark. The property suits first-time buyers or downsizers looking for a manageable home with a larger-than-average yard in a mature neighbourhood. It also appeals to value-oriented buyers who prioritize land size and a stable, established streetscape over a newer build or a larger interior footprint.
Section 2: Frequently Asked Questions
1. How does this home compare to others in the area?
The lot size is a standout feature, consistently ranking in the top 21% on its street and top 16% in the Meadows. The living space is average for the area, while its assessed value is strong for its immediate street but more typical when compared to the wider city.
2. What does the 2024 sale price indicate?
The home sold for between $300,000 and $350,000 in 2024. This recent transaction provides a concrete market value that is below the current $370,000 assessed value, which is an important point for negotiation and understanding current market dynamics.
3. Is the age of the home (1979) a concern?
The home is older than many in the Meadows neighbourhood, ranking in the top 87% (meaning only 13% of area homes are older). This typically means maintenance and systems (like roof, windows, furnace) should be carefully evaluated, but it also often correlates with larger lot sizes in established areas.
4. Who would this property best suit?
It’s an excellent fit for buyers who value private outdoor space over a brand-new home. The above-average lot offers room for gardening, play, or expansion, making it ideal for those with a dog, young children, or who simply enjoy gardening. The interior space is practical for small families, couples, or individuals.
5. How can I get the exact historical sale price?
The listing service notes that exact sold prices are provided manually via email upon request, as the public data shows ranges. You can submit your email to receive the precise figures directly.