Property Overview: 27 Marcus Place, Meadows, Winnipeg

Key Characteristics & Appeal

This 1,231 sqft bungalow, built in 1979, presents a compelling opportunity defined by its generous lot and established neighbourhood setting. Its primary appeal lies in the substantial 7,708 sqft land area, which ranks well above average for both the Meadows area and Winnipeg overall, offering significant outdoor space and potential. While the living area is modest compared to its immediate street, it is on par with the neighbourhood average. The home’s assessed value is consistently strong across comparison levels, suggesting a solid perceived value relative to its peers.

This property would suit a buyer looking for a long-term home with room to grow, garden, or expand in a mature community. It’s ideal for those who prioritize private outdoor space over a larger interior footprint and are comfortable with the maintenance and potential updates typical of a home from this era. A thoughtful perspective is that this lot size, in an established area, offers a rarity that is increasingly difficult to find in newer subdivisions, providing both privacy and future flexibility that isn't always apparent at first glance.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is a standout feature. At 7,708 sqft, it is significantly larger than the average lot in the Meadows area (5,372 sqft) and city-wide (6,570 sqft), placing it in the top 8% of the neighbourhood.

2. Is the house smaller than others on the street?
Yes, the living area is somewhat below the average for Marcus Place itself. However, it is very close to the average size for the broader Meadows neighbourhood, indicating the street has a mix of larger and more modestly sized homes.

3. What does the assessed value ranking indicate?
The assessed value of $44,500 ranks above average on its street and city-wide. This generally suggests the property’s official valuation is robust compared to similar homes, which can be a positive factor for equity, though market conditions ultimately determine sale price.

4. How old is the home, and what does that mean for maintenance?
Built in 1979, the home is 47 years old. It is older than many in the Meadows area but around the city-wide average. Buyers should budget for potential updates to major systems like roofing, windows, and plumbing that are common for this age.

5. Where can I find more detailed neighbourhood comparisons?
The listing suggests using the "Open neighbourhood map analysis" tool to see this property in direct visual comparison with nearby homes regarding year built, size, value, and lot dimensions. For exact historical sold prices, you must request the information via email from the listing service.