Property Overview: 1372 Lee Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained home in Fairfield Park offers a practical, modern living space built in 2007. Its key feature is a renovated basement, adding valuable finished square footage to the 1,730 sqft floor plan. The home includes an attached garage for convenience.
The appeal lies in its balanced position. While the lot size is modest for the immediate street, the home itself is above average in size compared to the wider Winnipeg market, offering more interior space than typical city homes. Its assessed value is strong citywide, suggesting good value retention. The 2007 build date means major components are relatively young, potentially reducing near-term repair costs.
This property would suit a buyer looking for a move-in ready home without the quirks of an older build, who prioritizes interior living space over a large yard. It’s a solid choice for professionals or small families seeking a low-maintenance property in a stable neighbourhood, offering a comfortable upgrade from a starter home without the premium of a brand-new construction.
Section 2: Frequently Asked Questions
1. How does the lot size compare?
The land area is approximately 4,958 sqft, which is smaller than many lots on Lee Boulevard and in Fairfield Park. However, it is very close to the average lot size for the entire city, making it a standard urban parcel.
2. Is the assessed value a reliable indicator of the sale price?
The current assessed value is $543,000. It's important to note that this is a municipal assessment for tax purposes, not a market appraisal. The last known sale was in 2016 for $433,000, so the market value will be determined by current conditions.
3. What does "above average citywide" for living area mean?
With 1,730 sqft of living space, this home is larger than approximately 80% of all homes in Winnipeg, based on the provided data. This is one of its standout features compared to the broader market.
4. What is a "cabover" building type?
"Cabover" typically refers to a house style where the second story overhangs or "cabs over" the first-floor footprint, often seen in certain modern designs. It relates to the architectural structure of the home.
5. How does the age of the home compare to others?
Built in 2007, the home is newer than about 87% of homes in Winnipeg. In its immediate Fairfield Park area, it is also newer than most, ranking in the top 23%. This suggests fewer age-related issues than the typical city home.