Property Overview
442 Kildonan Meadow Drive is a well-situated family home in Winnipeg's Meadows neighbourhood. Built in 2011, it offers modern construction within an established area. The home provides 1,473 sqft of living space on a 5,200 sqft lot, presenting a balanced package of size, age, and value.
Key Characteristics & Appeal
The primary appeal of this property lies in its relative newness compared to its surroundings. Built just 15 years ago, it ranks in the top 5% of homes by age in the Meadows area, suggesting it likely requires less immediate maintenance than older stock and benefits from more contemporary building standards. Its assessed value sits above average for both the neighbourhood and the wider city, indicating a perception of solid value by municipal assessors.
The home suits practical buyers looking for a move-in-ready property without the premium of a brand-new build. It’s ideal for young families or professionals seeking a modern home in a mature community with developed amenities and landscaping. The lot size is typical for the street, offering a standard suburban yard for recreation or gardening without excessive upkeep.
A thoughtful perspective is that this home represents a "sweet spot" in the market: it’s new enough to avoid major renovation cycles but has already undergone its initial depreciation, potentially offering better value than a newly constructed home. Its consistent above-average rankings in assessed value across different geographic comparisons suggest it's a financially sound asset within its peer group.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,473 sqft, the living area is very close to the average for Kildonan Meadow Drive itself (1,460 sqft) and is larger than the average home in both the broader Meadows area and city-wide.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home is newer than approximately 95% of other properties in the Meadows neighbourhood. Being built in 2011, it is significantly newer than the area average (1990) and city average (1966).
3. Is the assessed value a reliable indicator of market price?
Assessed value is used for municipal tax purposes and is one data point. This home's assessed value is consistently above average for its area. However, market price is determined by current buyer demand and recent sales, like the 2023 sale in the $500k-$550k range.
4. What are the implications of the lot size?
The 5,200 sqft lot is slightly smaller than the street average but very close to the neighbourhood average. It provides a manageable outdoor space typical for the community, which can be a positive for those who want a yard without extensive maintenance.
5. How can I find out the exact past sale price?
The provided sales history shows a range. The listing service notes that exact sold prices are verified manually and can be requested by email from them, with a promise of a reply by the end of the same day.