Property Overview: 1050 Lee Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Fairfield Park home presents a practical and modern living opportunity. Built in 2011, it is a notably newer construction compared to most Winnipeg homes, offering contemporary building standards and less immediate concern for major repairs. The 1,826 sqft living space is comfortably above the citywide average, providing ample room for a growing family or those who value space. Key features include a renovated basement and an attached garage.
Its primary appeal lies in its balance. The property doesn’t rank as an extreme outlier in its immediate area on metrics like lot size or assessed value, suggesting it fits harmoniously within a stable, established neighbourhood. However, when viewed citywide, its modern build year and above-average living space become significant advantages. This home would suit buyers looking for a move-in ready, low-maintenance property without the premium often attached to brand-new builds. It’s an ideal match for professionals or families seeking a modern interior in a mature neighbourhood with established amenities, offering more contemporary comfort than many surrounding homes.
Section 2: Frequently Asked Questions
1. How does this home compare to others on Lee Boulevard?
It is solidly within the mainstream for the street. Its living space and assessed value are around the street average, while its 2011 build year makes it one of the newer homes in the area.
2. Is the assessed value a reliable indicator of the likely sale price?
The current assessed value is $58.40k. It’s important to note the last known sale was in 2016 for $46.50k. Market conditions have changed significantly since then, so the sale price will be determined by current market demand and is likely to differ from both historical and assessed values.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or finish. A viewing is essential to determine if it is a fully developed living space, a recreational room, or updated utilities and storage.
4. Who might this property not suit?
Buyers seeking a very large yard or an estate-sized lot may find the parcel size average for the neighbourhood. Additionally, those looking for a historic character home or a fixer-upper project would find this newer, renovated property less aligned with their goals.
5. What is the significance of the build year being "Elite" for Fairfield Park?
Ranking in the top 5% for year built in Fairfield Park highlights that this is one of the newest homes in the entire neighbourhood. This suggests lower likelihood of near-term major system replacements (like roof or furnace) compared to the area’s older housing stock, a key consideration for maintenance budgeting.