Property Overview: 58 Sanford Fleming Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 58 Sanford Fleming Road in the Meadows neighbourhood is a practical, entry-level property built in 1981. Its key characteristic is its modest scale, with 840 square feet of living space on a 2,999 square foot lot, placing it below the average size for both the immediate street and the wider city. The assessed value of $28,800 is notably low for the Meadows area, suggesting a potentially manageable property tax burden.
The primary appeal lies in its affordability and efficiency. It represents a straightforward opportunity for first-time buyers or investors seeking a lower-cost entry into the Winnipeg market. The home is relatively newer than many on its street, which could imply fewer immediate concerns with aging infrastructure common in older builds. It suits buyers who prioritize financial accessibility over space, or those looking for a manageable property that leaves room in the budget for future updates. A less obvious perspective is that its smaller lot and footprint translate to less exterior maintenance, which can be a significant, often overlooked advantage for busy individuals or those looking to minimize upkeep costs.
Section 2: Frequently Asked Questions
1. How does the assessed value compare, and what does it mean for taxes?
The home's assessed value of $28,800 is significantly below the Meadows area average (~$40,900) and the city average. This typically correlates with lower municipal property taxes, which is a key ongoing cost benefit.
2. Is the living space too small?
At 840 sq ft, the living area is compact. It is below the average for the street, neighbourhood, and city. This suits individuals, couples, or those comfortable with efficient living spaces, but may be tight for larger families.
3. What does the sale history indicate?
Records show it last sold between $200,000 and $250,000 in 2021. This provides a recent market benchmark, but the exact price is available upon request from the listing service.
4. How does the lot size affect the property?
The lot is under 3,000 sq ft, which is smaller than most in Meadows. This means a smaller yard to maintain but also less private outdoor space. It aligns with a low-maintenance lifestyle.
5. Are there comparable properties nearby?
Yes, the listing references nearby homes on the same street with similar sizes and assessed values, such as 22 Whiteway Road. This suggests the property is typical for this specific pocket of the Meadows, providing context for its valuation.