Property Overview: 93 Cambie Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 93 Cambie Road in the Meadows neighborhood presents a practical and affordable entry point into Winnipeg’s housing market. Built in 1978, its key characteristic is its modest scale: with 908 sqft of living space and a 2,999 sqft lot, it is notably more compact than most homes on its street and in the wider area. This is reflected in its assessed value, which is well below local averages.
The primary appeal lies in its value proposition and manageability. The lower assessment and recent sold price indicate a accessible price point for first-time buyers or investors. The smaller lot and home size translate to less maintenance and lower utility costs, a significant long-term consideration. It suits a buyer looking for a straightforward, no-frills home in an established neighborhood, who prioritizes financial efficiency and a simpler footprint over spaciousness. A thoughtful perspective is that this property represents the "missing middle" in practical terms—a smaller, older home on a modest lot that offers affordability in a city where newer builds and larger plots command a premium.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific attributes—its smaller-than-average living area and lot size for Winnipeg, along with its age. It is assessed relative to similar properties, not the overall market, which includes many larger, newer homes.
2. What does the "below average" ranking for lot size mean for me?
It means the yard is more manageable, requiring less time and money for upkeep. For some, this is a drawback, but for others, it’s a benefit that aligns with a low-maintenance lifestyle. It’s important to view the property in person to see if the outdoor space meets your needs.
3. The home sold recently (2023). What does that indicate?
The recent sale suggests the market has recently validated its price point. It can provide a useful benchmark for current value, but a new sale price will depend on current market conditions, any updates made since 2023, and buyer demand.
4. How does this home compare to others on Cambie Road?
It is among the more compact and lower-assessed homes on the street. While its living area is around the street average, its lot size and assessed value are in the bottom tier for Cambie Road, indicating it may be one of the more affordable options in this immediate location.
5. You mention "exact sold price" is available by email. Why isn't it public?
Sold price data is not always publicly disseminated in Manitoba through all consumer channels. The service to provide it via email is a manual workaround to ensure accurate information is available to serious inquiries without being misused by automated systems.