Property Overview: 86 Kildonan Meadow Drive
Section 1: Key Characteristics & Appeal
This home is a practical, entry-level property in Winnipeg's Meadows neighbourhood. Built in 1987, it offers 1,050 sqft of living space on a 4,599 sqft lot. The data presents a clear picture: this is a more modest-sized home compared to others on its own street and in the immediate area, which is reflected in its below-average assessed value for the street. This positioning is central to its appeal—it represents a relative value proposition within its community.
The appeal lies in its affordability and opportunity. For a buyer comfortable with a home of this size, it offers a chance to enter a stable neighbourhood without the premium price tag of larger lots and newer homes on the same block. It suits first-time buyers, downsizers, or investors seeking a straightforward rental property. A thoughtful perspective is that its "below average" metrics on the street could signal less competition during purchase and a potentially lower property tax burden, while still providing access to the area's amenities and community feel. It’s a home for those who prioritize location and practicality over size and modern finishes.
Section 2: Frequently Asked Questions
1. Why is the assessed value lower than many neighbours?
The assessed value is primarily based on the home's smaller living area and lot size compared to other homes on Kildonan Meadow Drive, as well as its age. It is assessed more in line with average values for the wider Meadows area.
2. What does the sold price history indicate?
The home sold between $400k-$450k in 2023 and $250k-$300k in 2016. This shows significant appreciation over that period. The 2023 sale price placed it in the top third of sales city-wide at that time, suggesting the market recognized its value despite its modest specs.
3. Is the lot size a disadvantage?
At 4,599 sqft, the lot is smaller than the average on the street. This means less outdoor maintenance, which can be a positive for some, but also less space for expansions, large gardens, or extensive outdoor recreation.
4. How does the age of the home (1987) factor in?
Built in 1987, the home is newer than the Winnipeg city-wide average. While not a new build, major components like the roof, windows, and heating system may have been updated over the last 39 years, which should be verified during an inspection.
5. Where can I see more detailed context about the neighbourhood?
You can open the dedicated neighbourhood analysis page for a map view to compare this property with nearby houses in detail, including year built, living area, and lot size.