Property Overview: 516 Kildonan Meadow Drive
Key Characteristics & Appeal
This well-situated home in the Meadows neighbourhood presents a balanced and above-average offering for its area. Built in 2010, it is a notably newer property compared to most homes in Winnipeg, which typically translates to modern building standards and less immediate need for major updates. With 1,590 square feet of living space, it provides more room than the majority of homes in both the immediate area and the wider city, appealing to those seeking space without an overly massive footprint.
Its appeal lies in its strong positional value. The assessed value ranks consistently above average for the street, neighbourhood, and city, suggesting it is perceived as a solid asset within its market. The lot size of 5,549 sqft is typical for the area, offering standard outdoor space. A thoughtful perspective is that this home represents a "sweet spot" – it's newer than most, spacier than average, and holds a strong assessed value, yet it isn't an extreme outlier in any category. This balance often means stable, predictable performance in the market.
This property would suit buyers looking for a move-in ready, modern home in a established neighbourhood, particularly young families or professionals who value space and contemporary construction. It’s also a sensible choice for value-conscious buyers who appreciate metrics that indicate a home is a step above the local averages without being the most expensive on the block.
Frequently Asked Questions
1. How does this home’s size compare to its neighbours?
At 1,590 sqft, this home is larger than approximately 75% of similar homes in the broader Meadows area and about 74% of homes citywide, offering more interior space than most.
2. What does the assessed value ranking indicate?
The assessed value of $511,000 ranks in the top 26% on its street, top 14% in the Meadows, and top 18% citywide. This consistently above-average ranking suggests the property is viewed as a higher-value asset compared to its peers.
3. How old is this home relative to others in Winnipeg?
Built in 2010, this home is significantly newer than the Winnipeg average. It ranks in the top 11% citywide for year built, meaning nearly 90% of homes in the city are older.
4. What was the previous sale price?
Public data indicates a sale occurred in 2020 within the price range of $400,000 to $450,000. For the exact historical sold price, you can request the information directly via the provided email service.
5. Is the lot size typical?
Yes. The 5,549 sqft lot is very close to the average for both the Meadows area and the city overall, ranking near the middle of the pack. It provides a standard suburban yard space.