Property Overview: 74 Whiteway Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 74 Whiteway Road in the Meadows neighbourhood presents a practical and affordable entry point into the Winnipeg market. Built in 1981, it is notably newer than many homes on its street, which can be an advantage for systems and maintenance. The 810 sqft living area is compact, placing it below average for size both locally and city-wide, which is reflected in its accessible assessed value.
The primary appeal lies in its value proposition and positioning. With a recent sale between $300k-$350k in 2023 and a modest assessed value, it represents a lower-barrier option for budget-conscious buyers. The lot, while smaller than area averages, offers manageable outdoor space. This property is best suited for first-time homebuyers, downsizers, or investors seeking a straightforward, no-frills residential asset. Its below-average operating costs (given the smaller square footage and lot) and newer-than-street-average build year offer a pragmatic balance for those prioritizing financial efficiency over space.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 810 sqft, the living area is below the average for the Meadows neighbourhood (approx. 1,286 sqft) and for the city. It is a compact, efficiently sized home.
2. Is the assessed value a reliable indicator of the likely price?
The assessed value is significantly lower than the home's 2023 sale price range of $300k-$350k. Assessed values for tax purposes often differ from market value, so recent sale prices of this and comparable homes are more relevant for determining current market value.
3. What does it mean that the home is "newer" than others on the street?
Built in 1981, it ranks in the top 16% for year built on Whiteway Road. This suggests many neighbouring houses are older, which could mean this property has had updates or may have younger major components (like roofing or wiring) than immediate comparables.
4. Who might this property not suit?
It may not suit buyers requiring multiple bedrooms, dedicated home office space, or extensive room for growing families, given its below-average square footage. Those seeking a large yard would also find the lot size smaller than typical.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The listing service offers to provide the exact sale price manually via email request, promising a reply by the end of the same day without using your email for marketing.