Property Overview: 26 Whitley Drive, Meadowood, Winnipeg

Key Characteristics & Appeal

This 1,230 sqft bungalow, built in 1979, presents a practical opportunity in the established Meadowood neighbourhood. Its key appeal lies in its efficient use of space and its position as a relatively newer home within its local context. While the living area is above average for Meadowood, the lot size is notably compact compared to most area homes, suggesting lower maintenance demands for the yard—a potential benefit for those seeking a simpler outdoor space.

The home’s assessed value sits below average for both its street and the wider Meadowood area, which could indicate a value proposition for a buyer comfortable with a property that may benefit from updates. This profile suits first-time buyers or downsizers looking for a manageable, single-level home in a mature neighbourhood without the burden of a large yard. It also appeals to the value-conscious investor or renovator who sees potential in the below-average assessment and the home’s above-average ranking for its age on the street.

Frequently Asked Questions

1. Is the smaller lot size a disadvantage?
While the lot is smaller than most in Meadowood, it translates to less yard work and lower exterior maintenance costs. This can be a significant advantage for buyers seeking a more manageable property.

2. Why is the assessed value below neighbourhood averages?
A below-average assessment can stem from various factors, including the compact lot, the home’s specific condition, or interior features that haven’t been updated. It often represents a different value starting point compared to recently renovated homes on larger lots.

3. What does it mean that the home is "above average" for its year built?
This statistical ranking indicates that 26 Whitley Drive is a newer construction compared to many homes on its street and in Meadowood. For a 1979 home, this suggests the immediate area has an older housing stock, so this property may have newer building materials or systems than direct neighbours.

4. How reliable are the past sold price ranges shown?
The provided price ranges are based on public data. For precise historical sale figures, you must request the exact information via the email service offered, as this ensures accuracy for serious financial consideration.

5. Who would this home not be suitable for?
This property is likely not ideal for buyers who prioritize extensive outdoor space, a large lot for expansion, or a move-in-ready home with premium finishes. It’s better suited for those with a vision for gradual updates or who prioritize location and layout over lot size.