Property Overview: 64 Sanford Fleming Road, Winnipeg

Section 1: Key Characteristics & Appeal

This 1981 bungalow in the Meadows neighbourhood presents a distinct value proposition defined by its contrasts. Its primary appeal lies in its efficient use of space. With 1,088 sqft of living area, it offers more interior space than most comparable homes on its street, ranking in the top 17%. This makes it a notably roomier option within its immediate locale.

However, its standout characteristic is its exceptionally low assessed value ($25,700), which ranks in the bottom 3% for the Meadows area. This creates a compelling opportunity for specific buyers: first-time purchasers, investors, or renovators seeking an affordable entry into the Winnipeg market with a solid foundation. The home suits those comfortable with a property that may require updates, as the low assessment often reflects its original condition and smaller lot size (2,994 sqft, which is below average). A thoughtful perspective is that this home represents a "value play" on its street—you're acquiring more house for less money than the neighbours, but with less land. Its recent sale in the 2022-2025 period suggests it's already been identified as a project or investment opportunity by the current owner.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's characteristics as of a prior valuation date. This low value primarily reflects the home's original 1981 condition, its below-average lot size for the city, and its modest specifications compared to newer or renovated homes. It does not necessarily reflect the final market sale price.

2. What does the "Sold 2022 CA$200k–250k" price range indicate?
This is an estimated sale price range derived from public data. The exact price is not publicly listed, but this range indicates the home sold for significantly more than its assessed value, which is common. You can request the exact sale price from the site via email.

3. Is the smaller lot size a major drawback?
It depends on your priorities. The lot is smaller than most in the city and neighbourhood, limiting expansive backyard potential. However, it requires less maintenance and may contribute to the property's affordability, appealing to those seeking a lower-maintenance yard.

4. How does the living area compare practically?
At 1,088 sqft, it is larger than many similar bungalows on the street (which average 944 sqft). This suggests a efficient, potentially well-designed layout that maximizes the available space, making it feel more spacious than others in the immediate area.

5. What is the likely scope of work needed?
Given its age, original condition, and low assessment, buyers should budget for modernizing updates. Key areas to inspect would include the roof, windows, heating system, and kitchen/bathroom fixtures, common update points for a home of this vintage.