Property Overview: 20 Whiteway Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 20 Whiteway Road is a practical, entry-level property in Winnipeg's Meadows neighbourhood. Built in 1978, its key characteristic is its affordability, underscored by an assessed value significantly below area averages. With 809 sqft of living space and a 3,009 sqft lot, it is compact relative to most homes on its street and in the wider city.

The primary appeal lies in its position as one of the most accessible price points in the area, offering a foothold in a stable community. It suits first-time buyers or investors seeking a lower-cost entry into the Winnipeg market, where monthly carrying costs may be a primary concern over square footage. A thoughtful perspective is that its smaller scale can mean lower utility bills and less maintenance, appealing to those seeking simplicity. However, buyers should be prepared that the home's size and value rank near the bottom of its immediate peer group, indicating it is a modest offering in its specific location.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the area average?
The assessed value of $259k ranks in the bottom 1% on its street and the bottom tier in the Meadows neighbourhood. This typically reflects the home's smaller size (both living area and lot) compared to neighbouring properties, and may also relate to its condition, features, or updates relative to peers.

2. Is the smaller living area a concern?
At 809 sqft, the living space is below average for the street, area, and city. It will suit those with minimal space needs, but may feel cramped for a growing family. The trade-off for the lower price is accepting a more compact floor plan.

3. What does the "below average" ranking for Year Built in Meadows mean?
While the home's 1978 build date is average for its street, it ranks in the bottom 10% within the larger Meadows area. This suggests many homes in Meadows are newer (area average is 1990), so this property may have older building components or styles compared to many in the community.

4. How reliable is the sold price history shown?
The page states no sales history is displayed for this listing. The site notes its sold price data is from public sources, not the MLS, and offers to manually provide exact figures upon request via email.

5. Are the nearby and similarly-valued listings good comparisons?
The listed nearby properties (e.g., 22 Whiteway Road) and homes with a similar assessed value can be useful for a general price comparison. However, value is influenced by many factors like condition, layout, and updates, so a direct assessment is always recommended.