Property Overview
51 Argate Drive is a well-established home in Winnipeg's Mandalay West neighbourhood. Built in 1981, it offers 1,560 sqft of living space on a generous 6,509 sqft lot. The home's appeal lies in its balanced, above-average proportions for both interior space and land size relative to much of the city, providing room to grow without the premium of a brand-new build. Its assessed value and recent sale price indicate it sits comfortably within the mid-range of the market.
This property would suit practical buyers looking for a solid, move-in-ready family home in a mature area. It’s ideal for those who value more indoor and outdoor space than the city average and prefer a neighbourhood with settled character over a new development. The numbers suggest it’s not a standout fixer-upper or luxury offering, but a reliable and spacious option for establishing a long-term home.
Key Details & FAQs
Key Characteristics & Appeal
- Space & Value: The home's living area is notably larger than many comparable properties in Winnipeg, ranking in the top 27% citywide. The lot size is also a significant asset, ranking in the top 24% within Mandalay West. This combination of ample indoor and outdoor space is its primary advantage.
- Market Position: With an assessed value near the median for its immediate street and area, and a recent sold price reflecting citywide averages, this property represents a stable, mid-market investment. It’s a home that offers more physical space than many at its price point without commanding a premium for location or ultra-modern features.
- Ideal Buyer: This home is best suited for growing families or downsizers seeking single-level living (assuming a bungalow layout, common for the era) who prioritize practical space over a flashy renovation. It fits buyers who want a established neighbourhood where the value is derived from the property's substantial footprint and functional layout rather than its architectural novelty.
Frequently Asked Questions
1. How does the home’s size compare to nearby properties?
The 1,560 sqft living area is above average for Argate Drive, Mandalay West, and Winnipeg as a whole. On this street, it ranks 3rd largest out of 12 homes, indicating it's one of the more spacious options in its immediate vicinity.
2. Is the lot size typical for the area?
The 6,509 sqft lot is larger than most in Mandalay West, ranking in the top quarter of the neighbourhood. However, it's slightly below the average lot size for the 12 homes directly on Argate Drive.
3. What does the sold price history indicate?
The home sold in 2024 for an estimated CA$350k–400k. This price range was around the citywide average (top 34%) for comparable sales at that time, suggesting it was priced in line with the general market.
4. How old is this home relative to others?
Built in 1981, it is older than most homes in Mandalay West (ranking in the top 82%, meaning 82% of area homes are newer). Citywide, however, its age is closer to the average. Buyers should anticipate maintenance and updates consistent with a 45-year-old property.
5. Where can I see more detailed comparisons?
You can open the dedicated neighbourhood analysis page to view this property on a map and compare its year built, living area, assessed value, and lot size in detail against nearby houses. For the exact historical sold price, you can request it via email from the listing service.