153 Leighton Avenue

Property Overview: 153 Leighton Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-three-quarter storey home, built in 1920, presents a classic character property with practical space. Its key features include 1,232 square feet of living area, a detached garage, and a full, unrenovated basement on a 4,990 sqft lot. The data reveals a nuanced position: while its living space and assessed value rank above average for its immediate street, the home is notably older than most in the broader Kildonan Drive area and citywide.

The appeal lies in its solid, no-frills foundation. It’s a home that offers more interior space than many on its block, situated on a manageable lot. The unrenovated basement presents a clear opportunity for customization or additional storage. This property would suit a pragmatic buyer—perhaps a first-time homeowner comfortable with a property that has good bones but may require updates over time, or an investor looking for a character home in a stable neighborhood. Its above-average standing on its own street suggests it’s a stronger performer in its micro-location, appealing to those who value established, quieter residential lanes.

Section 2: Frequently Asked Questions

1. What does "above average for the street" really mean for this home?
The data shows that compared to its 175 neighbors on Leighton Avenue, this home has more living area and a higher assessed value than most. This suggests it could be a relatively substantial and valuable property on its specific block, which can be a positive indicator of its standing in the immediate community.

2. The home is noted as being much older than area averages. Should I be concerned?
The year built (1920) places it among the oldest 5-15% of homes in the Kildonan Drive area and citywide. This isn’t inherently a concern but sets clear expectations. Buyers should prioritize a thorough inspection focusing on foundational integrity, plumbing, electrical systems, and insulation, understanding that charm comes with the responsibility of maintaining an older structure.

3. What is the potential of the unrenovated basement?
The basement is described as full and unrenovated. This means it’s likely a blank canvas with existing infrastructure (like plumbing rough-ins) but will require significant investment to finish. It offers flexible space for future expansion, a rental suite (subject to zoning and permits), or ample storage, but these are future costs to factor in.

4. How reliable are the sold price ranges shown?
The listed sold price ranges are based on public data. The site explicitly states that to get the exact historical sold price, you must request it via email, as they manually verify this information. This is a common practice to ensure accuracy, as public records can sometimes be incomplete or generalized.

5. The assessed value seems low. Is that the market value?
No, the assessed value (approximately $33.5k) is for municipal tax purposes and is typically a fraction of the actual market value. The nearby "similar assessed value" properties are only grouped for tax assessment comparison, not as indicators of similar market price or home type. Always rely on a current market evaluation from a real estate professional for true market value.