Property Overview
This home at 455 Kildonan Meadow Drive presents a balanced offering in Winnipeg's Meadows neighbourhood. Built in 2011, its modern construction is a standout feature, ranking it among the newest 5% of homes in the immediate area. With 1,261 sqft of living space, the interior size is very typical for the city, offering a practical layout without being oversized. The assessed value of $470,000 positions it above average for both the neighbourhood and the wider city, suggesting a well-regarded location or property condition. It’s worth noting the lot is more compact than others on its street, which may translate to less yard maintenance—a plus for some, but a consideration for those wanting expansive outdoor space. The home last sold in the $450k-$500k range in 2022.
Who It's For & Where the Appeal Lies
The appeal here is rooted in modern convenience and a solid, established position in the market. It suits first-time buyers or downsizers looking for a relatively newer home that reduces immediate concerns about major aging components like roofing or HVAC. It also fits the profile of a value-conscious buyer who prioritizes a modern build within a mature neighbourhood over having the largest lot on the block. The above-average assessment for the area indicates a perceived quality or desirability that could offer stability. This isn't the largest or most lavish home, but rather a sensible, turn-key option for those seeking a low-hassle, contemporary living space in a community setting.
Frequently Asked Questions
1. How does the lot size impact the property?
At 4,443 sqft, the lot is smaller than many on Kildonan Meadow Drive itself. This typically means less yard work and lower exterior maintenance costs. For buyers prioritizing indoor space and a newer build over a large garden, this is a practical trade-off.
2. Why is the assessed value above the neighbourhood average?
The assessed value of $470,000 ranks in the top 25% for the Meadows area. This is likely influenced by the home's newer age (2011) compared to the area's average, suggesting better condition and modern features that assessors account for in their valuation.
3. What does the "Elite" ranking for Year Built mean?
This indicates the home is among the newest 5% of comparable properties in the Meadows neighbourhood. For context, the average build year for homes here is around 1990. This significantly reduces the likelihood of near-term, costly repairs associated with older homes.
4. Is the living space suitable for a growing family?
At 1,261 sqft, the living area is squarely average city-wide. It provides essential space for a small to medium-sized family but may feel compact for those needing multiple dedicated rooms or extensive storage. The floor plan layout would be a key factor to evaluate during a viewing.
5. How does the 2022 sale price relate to the current assessed value?
The home sold for an estimated $450,000-$500,000 in 2022. The current $470,000 assessed value falls within that range, indicating the market value has remained relatively stable in the intervening period, aligning with the municipal assessment.