Property Overview: 2 Argate Drive, Winnipeg
Key Characteristics & Appeal
This is a practical, no-frills home in the Mandalay West neighborhood, built in 1979. With 1,076 sqft of living space, it is notably compact compared to others on its street, ranking in the bottom 8% locally for size. The lot is also smaller than most in the immediate area. Its assessed value is modest, positioning it below the street average but closer to the middle range for the wider neighborhood and city. This creates a value proposition: you're acquiring a home in an established area at a relatively accessible entry point. The last known sale was between 2020 and 2025 in the $300k-$350k range.
Its appeal lies in its efficiency and location. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property in a mature community without a premium price tag. A thoughtful perspective is that a smaller, well-planned home on a modest lot can mean significantly lower utility costs, less time spent on upkeep, and a smaller environmental footprint—appealing for a pragmatic buyer. It’s a home for living, not for showcasing.
Frequently Asked Questions
1. Is this a "fixer-upper" or a move-in-ready home?
The listing does not specify condition. Given the age and assessed value, prospective buyers should budget for a thorough inspection. Homes from this era may need updates to mechanical systems, windows, or insulation.
2. Why is the living area smaller than most on the street?
This home is simply a more compact model, likely with a different original floor plan than its neighbors. This can be an advantage for those seeking cozier, easier-to-maintain spaces.
3. How accurate is the assessed value compared to the likely selling price?
The assessed value for taxation purposes ($39.3k) is not a market valuation. The last sale price range ($300k-$350k) is a far better indicator of current market value, though prices have likely shifted since that sale.
4. What are the benefits of the Mandalay West neighborhood?
As an established area, it typically offers mature trees, settled community vibes, and convenient access to major routes. Specific amenities aren't listed here, but research into nearby schools, parks, and shopping would be wise.
5. How can I get the exact historical sale price?
The exact sold price is not publicly posted. As noted on the detail page, you can request it directly via email from the listing service, which provides the data manually without marketing spam.