1396 Lee Boulevard

Property Overview: 1396 Lee Boulevard, Winnipeg

Key Characteristics & Appeal

This two-storey home in Fairfield Park is defined by its generous, above-average living space. With 2,249 sqft, it offers significantly more room than most homes in Winnipeg, ranking in the top 6% citywide. This is a home built for comfortable family living, featuring a renovated basement and an attached garage. Built in 2006, it is a modern property relative to the city's older housing stock, yet it fits seamlessly within its established neighbourhood.

The primary appeal lies in its efficient use of space and its strong positional value. While the lot size is more compact compared to others on Lee Boulevard, this often translates to less yard maintenance without sacrificing interior square footage. The home’s assessed value places it consistently in the top tiers for its street, neighbourhood, and the entire city, suggesting a solid and recognized investment in a desirable area. It would suit buyers looking for a move-in ready, spacious family home who prioritize modern interiors and a low-maintenance exterior over a vast private yard. It’s an ideal fit for professionals or growing families seeking comfort and convenience in a mature community.

Frequently Asked Questions

1. How does the lot size impact the property?
While the land area is smaller than some direct neighbours, it is close to the Winnipeg city average. This typically means manageable upkeep and potentially lower property taxes tied to land value, while the home itself offers ample interior space.

2. Is the assessed value a reliable indicator of the likely sale price?
The assessed value is for municipal tax purposes and is a historical snapshot. The home last sold in 2020. Given its rankings, it is considered a high-value property in its market segments, but the current sale price will be determined by present market conditions.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finish quality, permits, and the nature of the space (e.g., recreational room, additional bedroom, legal suite).

4. How does this home compare to newer builds in other suburbs?
Built in 2006, this home is newer than the Winnipeg median (1966) but not a brand-new construction. The trade-off is the established charm and mature landscaping of Fairfield Park, compared to the raw lots and potentially higher prices of the newest subdivisions.

5. Are the ranking statistics for the street or the neighbourhood more important?
Both are insightful. The street ranking shows how the property fits on its specific block, often reflecting very localized desirability. The neighbourhood ranking gives a broader sense of its standing within the community, which can be more relevant for long-term value and comparable amenities.