Property Overview: 89 Khalsa Street, Mandalay West
Key Characteristics & Appeal
This 2008-built home in Mandalay West offers a modern footprint with above-average space. Its primary appeal lies in its strong standing within a desirable neighbourhood. The living area of 1,970 sq ft ranks in the top 16% on its street and an elite top 5% within Mandalay West, indicating a notably spacious interior compared to local peers. Similarly, its assessed value sits in the top tiers for both the street and the wider area, suggesting a property that has been well-maintained and is valued above the local norm. The lot, while slightly smaller than some direct neighbours, is average for the broader neighbourhood and city.
This home would suit buyers seeking a move-in-ready, modern property in an established area, who prioritize interior space over an exceptionally large yard. It’s a solid choice for those looking for a home that performs well on key metrics like size and value within its community, offering a balance of contemporary comforts and neighbourhood stability.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it excels in interior space and assessed value. Its living area is significantly larger than the Mandalay West average, and its value ranks in the top 3% of the neighbourhood, indicating it’s considered a premium property locally.
2. Is the lot size a disadvantage?
While the lot is smaller than the average on Khalsa Street, it is perfectly in line with the average for both Mandalay West and Winnipeg overall. It provides a standard urban yard, making it ideal for those who prefer lower maintenance without sacrificing outdoor space entirely.
3. What does the sold price history indicate?
The home sold in the 2020 range of $450k-$500k. Market-wide rankings from that sale period show it performed well, placing in the top 10-13% for the area, confirming its strong market position.
4. What is the likely condition of a 2008-built home?
Built 18 years ago, this home is modern enough to avoid major aging infrastructure issues common in older stock, but may be due for cosmetic updates or the replacement of early-2000s fixtures and appliances, which is a typical consideration for homes of this era.
5. Who are the immediate neighbours?
The property is on a closely built street with similar homes, as indicated by the proximity of addresses like 85 and 93 Khalsa Street just 13 meters away. This suggests a consistent, established streetscape with homes of comparable age and style.