920 Lagimodiere Boulevard

Property Overview: 920 Lagimodiere Boulevard, Holden, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1910, offering a unique proposition in the Winnipeg market. Its key characteristics are defined by its modest 576 sqft living area, an unrenovated basement, a detached garage, and a 3,074 sqft lot. The home’s assessed value is significantly below city averages.

The primary appeal lies in its position as one of the most accessible entry points into homeownership in the city. It suits buyers with a specific vision: those seeking a minimal footprint, investors looking for a straightforward rental property, or hands-on individuals who see potential in a cosmetic refresh rather than a major structural overhaul. Its lower ongoing property taxes, due to the low assessment, are a practical, less obvious advantage. This isn't a move-in-ready showpiece; its value is in the opportunity it presents for a buyer unafraid of a project or prioritizing financial efficiency over space.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's age, very small size relative to modern standards, and the fact it likely requires updates. It ranks in the bottom tier of homes locally and citywide for both value and living area.

2. What does "below average" in the rankings mean for me?
For key metrics like living area and year built, this property ranks at or near the bottom (100th percentile) compared to immediate neighbors and in Holden. This quantifies its uniqueness in the area—it is notably smaller and older than surrounding homes, which can mean lower costs but also indicates it's an outlier.

3. Is the land size a redeeming feature?
The 3,074 sqft lot is below average for the street but is relatively closer to the neighborhood and city-wide averages. It provides a standard outdoor space for a home of this era but is not an unusually large or subdividable parcel.

4. Who would this property not suit?
It would not suit families needing multiple bedrooms, anyone seeking a modern, turn-key home, or buyers uncomfortable with a property that deviates significantly from the norms of its immediate area.

5. The last sold price range seems very low. Is that accurate?
The displayed sold price range is based on available public data. For the exact historical sale price, you can request the information via email from the listing source, as they maintain accurate, manually verified records.