Property Overview: 86 Meadow Lake Drive

This home at 86 Meadow Lake Drive in the Meadows neighbourhood presents a solid, average-sized offering in a mature community. Built in 1984, the 1,065 sqft house sits on a roughly 5,200 sqft lot. Its key appeal lies in its established location and its position as a competitively assessed property within its immediate area, suggesting a potentially accessible entry point into the neighbourhood. The data indicates it is a home that doesn’t stand out for being particularly large or small, but rather fits comfortably within the norms of its street and community, which can be appealing for those seeking predictability and value.

The property would suit first-time buyers or downsizers looking for a practical home in a settled area without a premium price tag. Its assessed value is notably below the area average, which could attract investors or buyers focused on fundamentals. A thoughtful perspective is that while the living space is modest, the lot size is consistent with the area, offering balanced indoor-outdoor potential for its scale. The home’s age (42 years) means prospective buyers should be prepared for updates, but it also places the home as one of the newer builds on its street, which may imply more modern construction than some direct neighbours.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value ($35.50k) is used for property tax calculations and is below the Meadows area average, market conditions, the home’s interior condition, and recent upgrades ultimately determine the sale price. It does, however, signal a lower tax base and a potentially competitive starting point.

2. How does the size of this home compare to others nearby?
At 1,065 sqft, the living area is slightly below the average for Meadow Lake Drive (~1,137 sqft) and the broader Meadows neighbourhood (~1,286 sqft). It is a comfortably sized home for its street but is considered more compact when compared to the wider city average.

3. What should I consider about a home built in 1984?
A 42-year-old home is in its mature years. While potentially featuring more modern layouts and systems than older stock, key components like the roof, windows, furnace, and major appliances are likely at or beyond their typical lifespan and should be carefully inspected.

4. The data shows "no sales history" for this listing. How can I get that information?
The exact sale price history is not publicly displayed. As noted on the detail page, you can request this information directly via email from the service, and they provide it manually without using your email for marketing.

5. Are the homes on this street similar to each other?
The data suggests Meadow Lake Drive is a consistent street. The home’s metrics for year built, lot size, and value are all around the street’s average, indicating a neighbourhood of similar-era homes without extreme variations, which can contribute to stable property values.