Property Overview: 109 Apple Lane, Heritage Park, Winnipeg
Key Characteristics & Appeal
This 714 sqft bi-level home at 109 Apple Lane is a compact, efficiently sized property in Winnipeg's Heritage Park neighborhood. Built in 1988, it is notably newer than most homes in the wider area, potentially offering more modern construction fundamentals. The home sits on a 3,038 sqft lot, which is modest compared to the neighborhood and city averages, suggesting lower maintenance. A key feature is its renovated basement, adding functional living space. The property has no garage or pool.
Its appeal lies in its manageability and position as a relatively contemporary home in an established area. With an assessed value of $280,000, it presents as a more accessible entry point into homeownership compared to the broader city and even neighborhood averages. The data indicates it is a fairly typical home for its specific street but stands out in Heritage Park as being newer and of lower assessed value than most.
This home would suit first-time buyers or downsizers seeking a low-maintenance, modern-built property without the upkeep of a larger lot or older structure. It’s a practical choice for those prioritizing a solid, renovated foundation in a quiet lane over expansive square footage or yard space.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 714 sqft of living area, this bi-level is smaller than the average home in Heritage Park and Winnipeg overall. However, it is very close to the average size for other homes directly on Apple Lane.
2. The assessed value seems lower than the city average. Why is that?
The assessed value of $280,000 is below the citywide average, which is influenced by many factors including the home's smaller size and lot dimensions. It is, however, close to the typical value for this specific street.
3. What does it mean that the home is "newer" than area averages?
Built in 1988, this home is significantly newer than the average home in both Heritage Park and Winnipeg. This can suggest updated building materials, electrical systems, and insulation standards compared to much of the existing housing stock.
4. Is the lot size a limitation?
The 3,038 sqft lot is below average for the neighborhood, meaning less outdoor space for gardening or expansion. For buyers seeking minimal yard work, this could be an advantage. It's consistent with other properties on Apple Lane.
5. Where can I find the exact historical sale price?
The listing indicates that exact sold prices are available upon request via email. The provided range for the October 2019 sale is between $24.50k and $27.50k.