Property Overview: 118 Sanford Fleming Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 118 Sanford Fleming Road in the Meadows neighbourhood presents a practical and straightforward opportunity. Built in 1978, it is a 968 sqft residence on a 3,249 sqft lot. The data reveals a property that is very much in line with its immediate street, offering a sense of consistency and predictability for the area.

Its primary appeal lies in its relative affordability and manageable scale. The assessed value is notably below the averages for both the broader Meadows area and the city, suggesting a lower property tax burden and an accessible entry point into the market. While the living space is modest compared to wider averages, it is actually slightly above average for homes on Sanford Fleming Road itself, indicating a well-sized home for its specific, established streetscape. The lot size is also a relative strength on its street, offering above-average outdoor space for the immediate locale.

This property would best suit first-time buyers or practical investors seeking an affordable, low-maintenance footprint. It’s for someone who values neighbourhood character over a brand-new build and is comfortable with a home that may require updates reflective of its age. The numbers suggest a "what you see is what you get" proposition—a chance to own in Winnipeg without a premium price tag, ideal for those with a realistic budget and a focus on fundamentals over frills.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value of $28,900 is almost identical to the street average ($29,100), but is significantly lower than the Meadows area average ($40,900). This indicates you’re purchasing a home valued consistently on its block, but potentially with a lower tax assessment than many surrounding neighbourhood properties.

2. Is the living space small?
At 968 sqft, it is below the citywide average. However, context matters: it is actually larger than the average home (944 sqft) on Sanford Fleming Road itself. It provides a compact, efficient layout typical of its era, suitable for individuals, couples, or small families.

3. What does the sold price history indicate?
Records show it last sold between $250,000 and $300,000 in 2024. This sale price ranked highly (top 12%) compared to other sales on its street, but was more average when viewed across the wider Meadows area and city. This suggests the sale reflected strong demand for this specific location.

4. How does the lot size impact its potential?
The 3,249 sqft lot is above average for the street, which is a positive for outdoor space and privacy relative to the direct neighbours. However, it is smaller than typical lots in both the Meadows area and Winnipeg overall, so expansion possibilities may be more limited.

5. The home was built in 1978. What should I consider?
A home of this age is likely to have undergone various updates. Key systems like the roof, windows, furnace, and electrical should be carefully inspected. This era of home often presents an opportunity to add value through thoughtful, modernized renovations while maintaining a solid foundational structure.