Property Overview: 60 Meadow Gate Drive, Winnipeg

Key Characteristics & Appeal

This home at 60 Meadow Gate Drive is a practical, no-frills property that represents an accessible entry point into Winnipeg’s Meadows neighbourhood. Built in 1979, it is a modest 837 sqft bungalow on a standard 5,273 sqft lot. The data reveals a clear profile: its living space is notably smaller than most comparable homes in the immediate area and across the city, and its assessed value is also below average for its neighbourhood. This positions it firmly as a value-oriented listing.

The primary appeal lies in its affordability and lot potential. The asking price is positioned below typical area benchmarks, offering a lower barrier to entry. While the interior is compact, the lot size is consistent with the street average, presenting a valuable canvas for future expansion, a garden, or outdoor living space—a feature often prioritized over interior square footage by certain buyers. It would suit first-time buyers, downsizers looking to minimize space and cost, or investors seeking a rental property with a manageable overhead. A thoughtful perspective is that this home, being older than many on its street, may have a more established landscape and mature trees, contributing to a settled streetscape feel that newer subdivisions lack.

Frequently Asked Questions

1. Is the low assessed value a concern?
Not necessarily. The assessed value is used for calculating property taxes and often lags behind market value. Its below-average assessment for the Meadows area primarily suggests your property tax burden may be comparatively lower than neighbours with larger or more renovated homes.

2. How does the smaller living area impact livability?
At 837 sqft, the home is cozy and efficient, requiring thoughtful furniture choices and organization. It is well-suited for individuals, couples, or small families comfortable with simpler, low-maintenance living. The potential to finish a basement or add an extension (subject to permits) exists for future needs.

3. What does the 1979 build year mean for maintenance?
Homes from this era may have original components, like windows, roofing, or major systems, nearing the end of their typical lifespan. A thorough inspection is crucial to budget for potential updates. On the positive side, construction from this period is often straightforward and less complex than some newer builds.

4. How does the property rank compared to others on the street?
The home ranks in the lower half for size and value on Meadow Gate Drive itself, meaning it is one of the more modest homes on the block. However, its lot size is average for the street, and it is actually older than about 75% of its immediate neighbours, which can sometimes correlate with larger lot proportions or more generous setbacks.

5. Can I find out the exact historical sale price?
Yes, but not automatically on the public page. The exact sold price from its last transaction in 2019 is available by request. You can submit your email to the listing service to receive the precise figure manually, as they curate this data separately from public records.