Property Overview & Key Characteristics
This home at 98 Santa Fe Drive in Winnipeg's Mandalay West neighbourhood presents a solid, middle-ground option in the market. Built in 2006, it is a notably newer construction compared to the average Winnipeg home, suggesting modern building standards and potentially lower immediate maintenance costs. With 1,535 sqft of living space, it offers comfortable room for a small family or couple, sitting above the city-wide average but slightly more modest than some immediate neighbours. The lot size of 5,823 sqft is fairly standard, providing adequate outdoor space without the burden of extensive upkeep.
Its primary appeal lies in its balance and relative modernity within a well-established area. The assessed value is strong for both the neighbourhood and the city, indicating good perceived value by the municipality. A less obvious perspective is that this property doesn't necessarily excel in any single extreme—it's not the largest, nor on the biggest lot—but instead offers a dependable combination of above-average age, reasonable space, and stable valuation. This would suit practical buyers looking for a move-in ready home in a mature suburb, who prioritize a newer build and predictable costs over having the most square footage on the street.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 1,535 sqft, the living area is slightly below the current average for Santa Fe Drive but remains above the average for both the wider Mandalay West area and the city of Winnipeg as a whole.
2. What does the assessed value tell me?
The assessed value of $51,200 is above average for both the neighbourhood and the city. This is a municipal valuation for tax purposes and often correlates with market value, suggesting the property is in a desirable bracket within its peer group.
3. Is the home relatively new?
Yes. Built in 2006, it is newer than approximately 86% of homes in Winnipeg and ranks in the top 10% for year built on its own street, meaning major components like the roof, windows, and HVAC are likely in good condition.
4. What was the last sale price?
Public records indicate a sale occurred in 2019 for an estimated price between $400,000 and $450,000. For the exact sale price, you can request the information directly via the provided email service.
5. Who would this property best suit?
This home is well-matched for first-time buyers or downsizers seeking a low-maintenance, modern build in a settled suburb. It’s also a sensible fit for value-focused buyers who appreciate a home that performs steadily across key metrics—like age and assessment value—rather than standing out for sheer size.