Property Overview: 35 Ladywood Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home in Jameswood is a standout property within its immediate neighborhood. Built in 1957, it features 1,324 sqft of living space and a renovated basement, with a detached garage on a 5,499 sqft lot. The core appeal lies in its superior positioning relative to local comparables. It ranks in the top 5% on its street for both living area and assessed value, meaning it offers more space and is valued higher than most homes on Ladywood Drive. This trend continues across the wider Jameswood area, where it places in the elite top 3% for assessed value.
The home suits buyers looking for a well-established neighborhood where this particular property offers a tangible step up in scale and investment profile compared to its direct neighbors. It’s ideal for someone who values space and a modernized basement in a classic home, and who appreciates a property that statistically outperforms its immediate surroundings—a sign of good upkeep or desirable updates. A thoughtful perspective is that while the lot size is slightly below the street average, the significant investment in the living space and assessment suggests the value is in the home itself, appealing to those prioritizing interior space over expansive outdoor land.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it's a leader on its own street. For living space and assessed value, it ranks #1 out of 20 comparable homes on Ladywood Drive, and it remains in the top 3% within the broader Jameswood area.
2. The home was built in 1957. What should I consider?
While the home is older, it ranks above average for its age on the street, meaning many neighboring homes are of a similar or older vintage. The renovated basement is a noted positive. A standard inspection is advised to understand the condition of major aging components like the roof, plumbing, and wiring.
3. What is the significance of the assessed value being so high locally?
A high assessed value relative to neighbors often reflects improvements, additions, or superior maintenance recognized by the city assessor. It can indicate the property has been a substantial investment, but it's also important to compare this to recent actual sale prices in the area.
4. Is the lot size a drawback?
The lot is slightly smaller than the average on Ladywood Drive. This may mean less backyard space than some neighbors, but the trade-off is a home with above-average living area. It depends on whether you prioritize indoor or outdoor space.
5. Where can I find the exact historical sale prices?
The listed sale price ranges are based on public data. The exact sold prices are available by request from the site, which provides them manually via email without using your address for unsolicited marketing.