Property Overview: 59 Sorokin Street, Winnipeg
Key Characteristics & Appeal
This 820 sqft home, built in 1983, sits on a notably generous 3,099 sqft lot in the Mandalay West neighbourhood. Its key appeal lies in a combination of modest home size paired with a lot size that stands out as above average for its immediate street. The assessed value is strong for the local area, suggesting the property is viewed favorably compared to its closest neighbours. This creates a unique value proposition: a manageable, lower-maintenance home that offers more outdoor space than is typical for the block.
The property would suit first-time buyers or downsizers looking for an entry point into a stable neighbourhood without a sprawling house to maintain. The ample lot presents a clear opportunity for gardening, outdoor living, or future expansion (subject to permits), appealing to those with a vision to add value over time. It’s a practical choice for someone who prioritizes land potential and neighbourhood comparability over a large interior footprint.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The land area of 3,099 sqft ranks in the top 15% on Sorokin Street itself, meaning it is larger than most direct neighbours. However, it is below the average lot size for the broader Mandalay West area.
2. What is the likely price range based on recent sales?
The home sold between CA$250k–300k in 2019. For a current market valuation, consulting a local realtor for comparable sales is essential, as the assessed value is for municipal tax purposes and not a market price.
3. Is the living space smaller than average?
Yes. At 820 sqft, the living area is below the average for both the Mandalay West neighbourhood and the city overall. It is, however, close to the average size for other homes on Sorokin Street.
4. What does the assessed value tell us?
The assessed value of $32,800 is above the street average, indicating that for its specific location and characteristics, the municipal valuation is relatively strong. This can sometimes reflect the value of the lot or recent improvements.
5. How can I get the exact historical sold price?
The listing service provides sold price ranges publicly. To obtain the exact sale price from previous transactions, you must request it directly from the provided contact, as this detail is not disclosed publicly.