91 Meadowbank Road – Property Summary
Key Characteristics and Buyer Profile
This is a 1,159 sqft home built in 2001, sitting on a 4,210 sqft lot in Whyte Ridge, Winnipeg. The standout feature is the build year: it ranks first on its street—among 55 comparable homes—meaning it’s the newest property on Meadowbank Road. That’s unusual for a 23-year-old house and suggests the street itself is older, so this home offers a more modern structure relative to neighbours.
The living area is below the street average (1,285 sqft) and well below the neighbourhood average (1,666 sqft), so it’s a compact floor plan for the area. The lot is also smaller than typical for Whyte Ridge, where many properties have more generous yards. The assessed value sits at $466k—around average for the street but notably below the neighbourhood average of $529.6k. Citywide, that assessment ranks in the top 26%, meaning it’s priced above most comparable homes across Winnipeg.
The appeal here is mostly about the newness and the relative value. A buyer gets a newer build without paying a premium for extra square footage or a large lot. It would suit someone who prioritizes a recently constructed home—fewer immediate repairs, better energy efficiency likely—and doesn’t need a big yard or expansive living space. First-time buyers, downsizers, or anyone looking for a low-maintenance property in a established neighbourhood might find it practical. The trade-off is clear: you’re trading space and land for a newer structure at a street-level price.
Five Possible FAQs
1. How does this home compare to others on Meadowbank Road?
On this street, it’s the newest home by a wide margin (built 2001 vs. average 1994). The living area is slightly below street average, and the lot is about average size. The assessed value is in line with the street average, so you’re getting a newer house for roughly the same price as older homes nearby.
2. Why is the living area below neighbourhood average but the assessment above city average?
In Whyte Ridge, the typical home is both larger and older, so the assessment here reflects a trade-off: a smaller space but a newer build. Citywide, the comparable home average assessment is $390k, so this property is above that due to its age and location—not its size.
3. Is the small lot a problem for resale?
It depends on the buyer. In Whyte Ridge, larger lots are common, so a smaller yard could limit appeal to families who want space for gardens or play areas. But for buyers who prefer less maintenance or are flexible on outdoor space, it’s not a disadvantage. The street itself seems mixed on lot sizes, so it’s not an outlier on Meadowbank Road.
4. Does the age of the home mean fewer maintenance concerns?
Generally, yes. A 2001 build is past the “new home” phase but still young enough that major systems (roof, furnace, windows) are likely original but not yet at end-of-life. It’s worth confirming with an inspection, but compared to the street average of 1994, this home is seven years newer—which can mean fewer near-term replacements.
5. How does the neighbourhood rank for value compared to the rest of Winnipeg?
Whyte Ridge is a higher-value neighbourhood overall. This property’s assessment ranks in the top 26% citywide but below the Whyte Ridge average. So you’re getting into a desirable area at a price point that’s slightly below what’s typical for the neighbourhood—likely because of the smaller footprint and lot.