Property Overview: 40 Sanford Fleming Road, Meadows, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a compelling case as a well-maintained, efficient property within its immediate neighborhood. Built in 1981, it is actually newer than many homes on its own street and in the wider city, suggesting a potentially more modern build. With 1,088 sqft of living space, it offers more room than most comparable houses on Sanford Fleming Road, providing a sense of value within its specific locale.

The primary appeal lies in its established neighborhood setting and its recent sales history, indicating strong demand. The sold price in 2024 places it in the top tier of its street, showing it commands a premium among its direct peers. This home suits practical buyers looking for a move-in ready property in a settled area without the premium of a larger lot. It’s ideal for first-time homeowners, small families, or downsizers who prioritize interior space and neighborhood character over expansive yard size. A thoughtful perspective is that its below-average assessed value for the Meadows area could represent a perceived value opportunity, but it’s essential to understand this is likely tied to its smaller, more standard lot size compared to area norms.

Section 2: Frequently Asked Questions

1. How does the lot size compare to the area?
The land area is 3,071 sqft, which is very typical for Sanford Fleming Road but is below the average for the broader Meadows neighborhood. This indicates a more compact, low-maintenance yard, which is common for this specific street.

2. The assessed value seems low. Does that affect the potential selling price?
Not directly. The assessed value is for municipal tax purposes. The 2024 sale price, which was in the $300k-$350k range and ranked in the top 4% on its street, is a far more accurate indicator of its current market value.

3. What does the "above average" living area ranking mean for this street?
It means that among the 36 comparable homes on Sanford Fleming Road, this home’s living area is larger than most (ranked 6th). It offers more interior space than the street average of 944 sqft, which is a key advantage in this location.

4. Is the 1981 build date a concern?
The data suggests it’s not a major drawback. At 45 years old, the home is newer than many on its street and is around the city-wide average age. Its strong 2024 sale price indicates buyers did not see its age as a significant deterrent, but a thorough inspection is always recommended.

5. Why is there a range for the sold price, and how can I get the exact figure?
The exact sale price is not publicly available in Manitoba’s registry. The provided range is estimated from public data. You can request the precise sold price by emailing the site; they provide this verified information manually as a service.