Property Overview: 1388 Lee Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained cabover home in Fairfield Park offers a practical and modern living space. Built in 2006, it features 1,788 sqft of living area, a renovated basement, and an attached garage. The home’s primary appeal lies in its balanced, move-in-ready profile within a mature neighbourhood. It represents a solid, middle-ground option: it’s newer than most Winnipeg homes citywide, yet settled within an established community. The renovated basement adds functional space and immediate value.
The property suits buyers looking for a low-maintenance home without the premium of a brand-new build. It’s ideal for small families, professionals, or downsizers who prioritize a modern interior layout and updated finishes over a large lot, as the land area is more compact compared to some neighbours. A thoughtful perspective is that this home offers the benefits of a newer construction (like updated systems and less immediate repair worry) within a neighbourhood that already has developed greenery and established amenities, providing a sense of stability that newer subdivisions are still growing into.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,788 sqft, the living space is very close to the average for both Lee Boulevard and the wider Fairfield Park area. It is, however, notably larger than the average Winnipeg home, placing it in the top 18% citywide.
2. Is the assessed value a good indicator of the likely sale price?
The assessed value is one factor, but recent sale prices on the street provide crucial context. A nearby home sold for $570,000 in mid-2022. Market conditions, the home’s updated condition, and buyer demand will ultimately determine the sale price.
3. What should I know about the lot size?
The land area is 4,958 sqft, which is below average for both the street and Fairfield Park. This means lower yard maintenance but also less private outdoor space. For citywide comparison, it’s close to the Winnipeg average.
4. What are the pros and cons of a 2006 build?
A 2006 home is modern enough to likely have efficient systems and meet current building codes, avoiding the major issues sometimes found in much older homes. However, it is now at an age where some original components (like the roof, major appliances, or HVAC) may be nearing the end of their typical lifespan and could require attention or replacement in the coming years.
5. Who would this neighbourhood suit best?
Fairfield Park is a mature, established neighbourhood. It suits buyers seeking a community with developed parks, mature trees, and a settled feel, rather than the raw, new construction atmosphere of emerging suburbs. It offers convenience to local amenities without being in the core of the city.