Property Overview: 82 Meadow Lake Drive

Key Characteristics & Appeal

This home at 82 Meadow Lake Drive presents a solid, above-average offering within its immediate neighborhood. Built in 1985, it is newer than most homes on its street, ranking in the top 10% locally for its year of construction. Its primary appeal lies in its generous living space of 1,490 sq ft, which is notably larger than other homes on Meadow Lake Drive, placing it in the top 19%. The lot size of just under 5,300 sq ft is consistent with the area standard, providing typical outdoor space for the Meadows community.

The home’s assessed value is above the street average, suggesting it is a well-regarded property in its micro-location. A less obvious perspective is that this home represents a "best-in-class" option for its specific street and era—it’s not just a standard 1980s home, but one that stands out in its direct peer group for size and relative modernity. It would suit a buyer looking for a move-in ready home in a settled neighborhood who values more interior space without necessarily needing the largest lot on the block. It’s a practical choice for small families or downsizers seeking single-level living (assuming bungalow layout, based on context) with room to breathe, especially for those who prioritize being above the local average in key metrics.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows this home is a standout on its own street, particularly for its living area and newer construction date compared to immediate neighbors. In the broader Meadows area and city-wide, it sits comfortably around average, indicating it’s a well-sized, standard home for Winnipeg.

2. What does the sold price history indicate?
The home sold between $300k-$350k in 2019. This range was around the median mark city-wide and for the area at that time, suggesting it has historically been priced as a market-average property, not as a premium or discount listing.

3. Is the assessed value a reliable indicator of market value?
The assessed value ($40.80k for tax purposes) is an administrative figure and should not be confused with market value. Its usefulness here is for comparison: it confirms the property is consistently assessed higher than its street average, which often correlates with better condition, size, or features.

4. What are the potential considerations for a home built in 1985?
While newer than many neighbors, a 41-year-old home will likely have had updates. A thoughtful inspection would focus on the lifespan of original components like the roof, windows, and major mechanical systems (furnace, water heater), which may be due for replacement or have already been updated.

5. How can I get more precise historical data?
The exact sold prices are not publicly displayed online. As noted, you can request the precise history via email from the listing service, which they provide manually without marketing spam.