Property Overview
This home at 8 Philiman Place in Winnipeg's Mandalay West neighbourhood presents a solid, middle-of-the-road offering. Built in 1992, its 1,402 sqft living space and 5,609 sqft lot are consistently average or slightly above when compared to its immediate street, the wider neighbourhood, and the city. Its appeal lies in its stability and established setting. The assessed value of $473,000 positions it above average for both Mandalay West and Winnipeg overall, suggesting it's in good company and likely well-maintained. This isn't a standout luxury property or a fixer-upper, but a dependable home in a mature area.
It would suit buyers looking for a move-in-ready house without the unknowns of a much older build or the premium of a new one. It's ideal for someone who values neighbourhood consistency over a flashy custom home, and who appreciates that its metrics—size, value, age—don't show any major red flags or surprises, just reliable performance across the board.
Frequently Asked Questions
What does the assessed value ranking actually mean?
The assessment of approximately $473,000 ranks in the top 25% for Mandalay West and top 24% citywide. This generally indicates the property is considered more valuable than most in its comparison groups, often reflecting factors like condition, updates, or desirable lot traits not captured in basic square footage.
How does the home's size compare practically?
At 1,402 sqft, it's moderately sized. It's slightly smaller than the average on its own street but larger than the average Winnipeg home. This suggests it offers comfortable space for a small family or couple without the upkeep of a very large house.
Is the 1992 build date a concern?
Built 34 years ago, the home is from an era where major systems like roofing, windows, and HVAC are likely at or beyond their typical lifespan. A thorough inspection is key, but this age also means the home avoids some construction practices of earlier decades and may have more modern layouts than much older stock.
What can the lot size tell me?
The 5,609 sqft lot is fairly typical. It's not the largest on the street, but it's above the city average. This points to having a decent backyard for a city lot, without the extensive maintenance of a much larger property.
Why is the exact past sale price not listed publicly?
For privacy and data accuracy reasons, Manitoba does not publicly disclose exact sale prices. The provided range (e.g., $400k-$450k for a 2020 sale) is an estimate based on public data. You can request the precise historical sale price directly from the listing service via the provided email link.