Property Overview & Key Characteristics
43 Sunway Avenue is a compact, single-family home in Winnipeg's Meadows neighbourhood, built in 1987. Its primary appeal lies in its relative affordability and a lot size that is generous for its immediate street. With 691 sqft of living space, the home is notably smaller than most in the area and city-wide, positioning it as a more budget-conscious entry point into homeownership. The assessed value of $330k is below average for the street and neighbourhood, yet aligns more closely with the city-wide average.
The property suits first-time buyers or investors seeking a lower-cost footprint with potential for future expansion, given the 4,000 sqft lot. It may also appeal to downsizers looking for a manageable property without leaving a familiar community structure. A less obvious perspective is that its older construction date (1987) ranks well on its street, suggesting it is among the more modern homes in that specific cluster, which could mean fewer immediate major system updates compared to older peers nearby.
Frequently Asked Questions
1. Is this a small house?
Yes. At 691 sqft, the living area is significantly below the average for the Meadows neighbourhood (1,286 sqft) and city-wide. It is designed for efficient, low-maintenance living.
2. How does the value compare to nearby homes?
The home's assessed value ($330k) is below the average on Sunway Avenue and in the Meadows area, but is around the middle range compared to all Winnipeg homes. This suggests it offers a value-oriented opportunity within its specific community.
3. What are the advantages of the lot size?
The 4,000 sqft lot is above average for Sunway Avenue. This provides a good outdoor space relative to the home's size and could allow for additions, a garden, or landscaping projects that wouldn't be possible on a smaller parcel.
4. When was it last sold, and for how much?
Public data indicates it sold between 2022 and 2025 for an estimated $300k–$350k. For the precise sale price and history, you can request the exact information via email from the listing service.
5. What does the "Top %" ranking mean for the year built?
A ranking in the "Top 14%" for year built on its street means this home (built 1987) is newer than 86% of its immediate neighbours. This indicates it's one of the more recently built houses on the block, which can be a positive for certain components like wiring or plumbing.