Property Overview: 78 Dells Crescent, Meadowood, Winnipeg

Key Characteristics & Appeal

This 1,664 sqft bungalow, built in 1978, presents a compelling mix of space, value, and location. Its primary appeal lies in its above-average living area, which ranks within the top 6% of the Meadowood neighborhood and the top 8% on its own street, offering more interior space than most comparable homes. This makes it a strong candidate for buyers seeking room to grow without the footprint of a massive lot.

The property suits practical buyers who prioritize interior square footage over exterior land size, as the lot is slightly below average for the street. Its assessed value is notably lower than others on Dells Crescent, which could indicate a different valuation approach or present an opportunity. The home would be well-suited for a young family looking for move-in-ready space in an established community, or for value-conscious buyers who see potential in a home that may be priced accessibly relative to its immediate neighbors yet offers more room than the area average.

A less obvious perspective is that this home represents a "space-for-place" trade-off within Meadowood. You are acquiring a larger-than-average home in the neighborhood, but on a more modest lot. For those who value indoor living and functional layout over extensive yard maintenance, this is an efficient arrangement.

Frequently Asked Questions

1. Why is the assessed value so much lower than other homes on the same street?
The assessed value is significantly below the street average. This can sometimes relate to the specific valuation model used for the property, differences in updates or condition, or the timing of the assessment. It's a key point to discuss with a real estate agent to understand the local market context.

2. How does the lot size impact the property's use and value?
At 5,065 sqft, the lot is around average for Meadowood but below average for Dells Crescent. This means the yard space is functional but not expansive. The value here is weighted more toward the interior living space than the outdoor area.

3. What does the sold price history from 2017 indicate?
The home sold for an estimated $300k-$350k in 2017. This historical data provides a benchmark, but the current market value will be determined by recent sales, condition updates, and current demand.

4. Is the home likely to require major updates due to its age?
Built in 1978, the home is newer than many in Winnipeg but is approaching 50 years old. Prospective buyers should consider the age of major systems like roofing, windows, and plumbing during an inspection, which is common for homes of this vintage.

5. How can I get the exact historical sold price?
The exact sold price is not publicly listed. You can request it directly via the email form provided on the listing page. The service is manual, with a promise of a reply by the end of the same day, and your email will not be used for unsolicited marketing.