Property Overview: 719 Adsum Drive, Winnipeg
Key Characteristics & Appeal
This 880 sqft bungalow, built in 1980, sits on a 3,033 sqft lot in Mandalay West. With an assessed value of $280,000, it presents as a straightforward, mid-century home in a mature neighbourhood. Its primary appeal lies in its relative affordability and positional value. While the home's size is below average for both the wider city and its own area, it ranks as a newer build on its specific street, suggesting a well-established streetscape with homes of a similar era.
This property would suit first-time buyers or downsizers seeking a manageable footprint without a major renovation project. It’s a practical entry point into homeownership where the value is derived more from land and location than from square footage. A thoughtful perspective for a buyer is to see this as a "blank canvas" property within a stable context—its metrics indicate it’s not an outlier, which can mean fewer surprises and a simpler evaluation process compared to more unique homes.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is quite typical for Adsum Drive. Its living area, assessed value, and lot size are all around the average for the street, though it is one of the newer homes in that immediate group.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($280k) is a municipal valuation for tax purposes. The home last sold in the $250k-$300k range (2021). Market conditions will determine the final price, but this provides a historical benchmark.
3. What are the implications of the living area being below area averages?
The home is cozier than many in the broader Mandalay West area and Winnipeg overall. This often translates to lower utility costs and less maintenance, but buyers should ensure the layout and room sizes meet their needs.
4. How can I get the exact historical sold price?
The exact sold price is not published publicly. You can request it directly via the provided email form on the listing page; the service aims to provide the accurate figure manually by the end of the same day.
5. What is the neighbourhood analysis page?
This is a tool that places the property on a map alongside nearby homes, allowing you to visually compare key metrics like year built, living area, and lot size for a clearer understanding of its context within a few blocks.