Property Overview: 68 Homewood Drive, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Meadowood presents a practical and straightforward opportunity. Built in 1981, it is notably newer than many of its immediate neighbours, which can be an advantage for systems and structure. With just over 1,100 square feet of living space, the house offers a manageable size that is very typical for the area and city overall.

The appeal here lies in its position as a solid, average contender in the market. Its assessed value is consistently mid-range across all comparison levels—street, neighbourhood, and city—suggesting it is priced appropriately without premium or discount surprises. The lot size is smaller than others on Homewood Drive but aligns with the Meadowood average, offering a lower-maintenance yard.

This property would suit first-time buyers or downsizers looking for an honest, no-fuss home in an established neighbourhood. It’s for someone seeking a comfortable entry point into homeownership without the concerns of an older vintage common in Winnipeg, yet who doesn’t require a large lot. The recent sale in the 2023-2025 period indicates a modern transaction with relevant price history for comparison.

Section 2: Frequently Asked Questions

1. How does the home’s age compare to others nearby?
At 45 years old (built in 1981), this home is actually newer than most on its street and in the Meadowood area, ranking in the top 15-20% locally for its year built. This is a relative strength compared to many Winnipeg homes from the 1960s and 70s.

2. Is the lot size a disadvantage?
The lot is below average for Homewood Drive but is very close to the typical size for the broader Meadowood area. It provides a manageable outdoor space, which could mean less upkeep and lower water costs, but offers less privacy or expansion potential than larger lots on the street.

3. What does the assessed value tell me?
The assessed value of $38,900 is consistently around the middle of the pack—neither exceptionally high nor low—when compared to the street, neighbourhood, or city. This suggests the property is viewed as a standard, average home for tax purposes, without any unusual characteristics affecting its valuation.

4. How recent is the sale history, and why is the price a range?
The home sold between 2023 and 2025 for an estimated $350,000-$400,000. The exact sold price is not publicly disclosed in Manitoba; ranges are derived from available data. You can request the precise figure from the listing service via email.

5. Who would this home not suit?
Buyers seeking a large, expansive lot or a significantly larger-than-average living space for the area may find this property limiting. It also may not appeal to those looking for a brand-new home or a deeply discounted "fixer-upper," as it represents a middle-of-the-road option.