Property Overview: 394 Kildonan Meadow Drive
Key Characteristics & Appeal
This home stands out for its above-average size and modern build within its community. With 2,069 square feet of living space, it is significantly larger than most comparable homes in the Meadows area and across Winnipeg, placing it in the top tier for space. Built in 2012, it is a notably newer property in a neighbourhood with many older homes, suggesting modern construction standards and potentially lower immediate maintenance needs. The lot size of 6,492 square feet is also generous for the area, offering ample outdoor space.
The appeal lies in this combination of space, modernity, and established location. It suits buyers looking for a move-in-ready family home that offers more room than typical for the area without needing renovations. It’s particularly well-suited for those who value a newer build but want to be in a settled community rather than a brand-new subdivision. A thoughtful perspective is that its high rankings for size and year built, against a modest assessed value relative to its sold price, may indicate perceived value or potential for assessed value to catch up with market perceptions.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold for between $550,000 and $600,000 in 2023, which is substantially higher than its $55,600 assessed value. This is common, as assessed value for tax purposes often lags behind current market value.
2. What does the "Elite" or "Top X%" ranking mean for this home?
These rankings compare this specific property against similar homes on its street, in the Meadows area, and city-wide. For example, being in the "Top 4%" for living area on its street means 96% of comparable homes nearby are smaller. It’s a quick way to see how the home stands out in key metrics.
3. Is a 2012 build considered "new" in this neighbourhood?
Yes. The data shows the average build year for comparable homes in Meadows is around 1990. Being built in 2012 makes this property one of the newest in the area, which can mean updated systems, materials, and energy efficiency.
4. Why is the lot size ranking lower than the living area ranking?
While the lot is above average in size for the immediate area and Meadows, it ranks closer to the city-wide average. This indicates the home’s appeal is driven more by the size and newness of the house itself rather than an exceptionally large yard compared to the entire city.
5. How can I find out the exact historical sold price?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide the precise figure via email upon request, which they handle manually without using the contact for unsolicited marketing.