Property Overview: 94 Khalsa Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Mandalay West presents a compelling blend of space, value, and modern convenience. Built in 2008, it offers the advantages of a relatively newer construction within a mature neighbourhood. With 1,289 sqft of living area and a generous 6,246 sqft lot, it provides ample room for comfortable living and outdoor enjoyment.
The primary appeal lies in its strong value proposition. While the home’s living space is modest for its immediate street, its assessed value ranks significantly above average for both the broader Mandalay West area and citywide. This suggests you are acquiring a solidly built, modern home on a desirable lot without paying a premium often associated with newer neighbourhoods. The lot size itself is a standout feature, offering above-average outdoor space compared to many city properties.
This property would suit practical buyers looking for a move-in ready home without the maintenance concerns of an older build. It’s ideal for small families, professionals, or downsizers who prioritize a quiet, established community but appreciate the efficiencies and design of a 21st-century home. The above-average lot also offers excellent potential for gardening, recreation, or future expansion.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the neighbourhood?
At 1,289 sqft, the living area is below the average for Khalsa Street itself but is very close to the average size for both the wider Mandalay West area and the city of Winnipeg as a whole. This indicates the home is comfortably sized for the market, while the immediate street may have larger, custom-built properties.
2. What does the assessed value ranking tell me?
The assessed value is notably strong. It ranks in the top 22% citywide and the top 21% in Mandalay West, meaning it is valued higher than most comparable homes. However, on its own street, it ranks lower (top 74%). This can signal an opportunity, as you may be acquiring a property with superior city-wide metrics for a value influenced by its direct, high-calibre surroundings.
3. Is the 2008 build date a significant advantage?
Yes. A 2008 build is considered modern, likely featuring contemporary building materials, insulation standards, and floor plans. Its ranking is in the elite top 3% for year built within Mandalay West, highlighting that newer construction is uncommon in this established area, which can be a major draw.
4. What is the potential based on the lot size?
The 6,246 sqft lot is a key asset, ranking above average for both the neighbourhood and city. This provides not only more private outdoor space but also greater flexibility for potential future projects like a deck, shed, or garden, which can be limited on smaller urban lots.
5. How can I get the exact historical sale price?
The listed sale price is a public data range. To obtain the exact sale price from its last transaction, you can request it directly via the email prompt on the listing page. The service commits to providing the accurate figure manually, typically by the end of the same business day, without using your email for unsolicited marketing.