Property Overview: 18 Litz Place, Winnipeg
Key Characteristics & Appeal
This one-storey home, built in 1969, offers a practical and straightforward living space of 1,256 sqft on a 5,623 sqft lot. Its key features include a renovated basement and a detached garage. The appeal lies in its solid, no-fuss foundation and its position as a consistently average-to-above-average property within its immediate neighborhood of Kildonan Drive. While its living space is slightly below average for its specific street, its assessed value ranks notably higher than many area homes, suggesting good perceived value for the location.
This property would suit a first-time homebuyer or a downsizer looking for a manageable, single-level layout in an established neighborhood. It’s also a sensible fit for a value-oriented buyer who prioritizes a renovated basement for extra living space and a decent lot size over having the newest or largest home on the block. A less obvious perspective is that a home ranking steadily "around average" across many metrics can represent a stable, lower-risk purchase in a well-established area, avoiding the premium for standout features or the pitfalls of a underperforming property.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,256 sqft, the living area is slightly below the average for homes on Litz Place itself, but is very close to the average size for homes across the wider Kildonan Drive area and the city overall.
2. Is the assessed value high for this area?
Yes, the assessed value of $40,600 ranks in the top 28% for the Kildonan Drive area, meaning it is considered above average compared to similar local properties.
3. What is the history of sold prices for this home?
Public data shows it last sold between $32,500 and $35,500 in January 2018. For the exact historical sold price, you can request the information via email from the listing source.
4. How old is this home compared to others in Winnipeg?
Built in 1969, it is newer than many homes in the Kildonan Drive area, ranking in the top 9% for year built locally. City-wide, its age is very close to the Winnipeg average.
5. What does the ranking data actually tell me?
The rankings compare this home to specific groups of "comparable homes." They show that this property isn't an outlier; it typically performs around or better than the median, indicating it aligns well with market norms for its type and location, which can be a marker of stability.