Property Overview & Appeal

This home at 350 Kildonan Meadow Drive stands out for its strong, above-average metrics across the board. Built in 2011, it is a relatively modern property in a neighbourhood and city where many homes are older. Its primary appeal lies in its generous proportions—both the 1,869 sqft living area and the 7,217 sqft lot size rank consistently in the top 15-20% of comparable properties on its street, in the Meadows area, and across Winnipeg. This suggests a home that offers more space than most, indoors and out.

Most notably, its assessed value is exceptionally high relative to its immediate peers, ranking in the elite top 4% on its street and top 2% in the Meadows. This indicates it is viewed as a premium property within its locale, a status supported by its recent 2022 sale in the $600k-$650k range. The combination of a newer build, ample space, and a high assessment creates a compelling package for buyers seeking a move-in-ready home with room to grow in a well-established neighbourhood.

This property would best suit buyers who prioritize space and modern construction over purchasing at the lowest price point. It’s ideal for a growing family needing multiple bedrooms and a large yard, or for those who value a home that already holds a premium position in its market, potentially offering stronger long-term value retention.

Frequently Asked Questions

1. Why is the assessed value so much higher than the neighbourhood average?
The assessment places the home in the top 2% of the Meadows area, suggesting it has features, size, condition, or desirability that the market and assessor value significantly above typical homes here. This often correlates with its larger size, newer construction, and premium lot.

2. How does the 2022 sale price relate to the current assessed value?
The home sold for between $600,000 and $650,000 in 2022. The current assessed value is a separate figure used for property tax calculation, but its elite ranking confirms that the market price at that time was consistent with its high valuation relative to other homes.

3. What does "Top X%" ranking actually mean for a buyer?
It’s a comparative measure. For example, the living area being in the "Top 10%" for the Meadows means 90% of comparable homes in the area are smaller. These rankings quickly show how this property measures up against its competition on key metrics.

4. Is a 2011 build considered "new" in this context?
Yes. With area averages suggesting many homes were built in the 1990s and the city-wide average around 1966, a 2011 build is significantly newer. This typically means fewer immediate repairs, modern building standards, and updated systems compared to much of the housing stock.

5. The lot is large, but how does the layout and backyard orientation affect its usability?
While the data confirms the lot size is above average, the specific layout, backyard privacy, orientation (for sun exposure), and any landscaping are not detailed here. These are important factors for usability and are best evaluated with a property visit or by reviewing the neighbourhood map analysis.