Property Overview: 15 Woodlawn Avenue, Winnipeg
Key Characteristics & Appeal
This 1,230 sqft bungalow, built in 1973, presents a solid, no-surprises opportunity in the Minnetonka neighbourhood. Its primary appeal lies in a balanced profile that offers stability rather than extremes. The home sits on a 7,311 sqft lot, which is notably above average compared to lots citywide, providing generous outdoor space for its footprint. While the living area is modest and typical for the immediate street, the property’s assessed value ranks well above average for Woodlawn Avenue, suggesting it is viewed favorably relative to its closest peers.
The home would suit practical buyers looking for a manageable size on a spacious lot, potentially first-time homeowners or downsizers who value a bit of yard. Its above-average assessment for the street and newer construction date compared to neighbouring homes could indicate better upkeep or updates, appealing to those seeking a move-in-ready property without the premium of a fully renovated showhome. A thoughtful perspective is that this property represents the "reliable middle" – it may not lead in any single category, but its combined above-average lot size and assessment on its own street create a foundation of inherent value and potential.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
Its assessed value is in the top 24% on Woodlawn Avenue, meaning it is valued higher than most comparable homes on the same street, which could reflect condition, features, or improvements.
2. Is the lot size a significant feature?
Yes. While the lot is average for Minnetonka, it ranks in the top 15% citywide, offering more outdoor space than most Winnipeg homes—a key asset for privacy, gardening, or future expansion.
3. What does the sale history indicate?
The home sold once between 2016 and 2025, in the 2017 price range of CA$350k–$400k. For the exact sale price, a manual request via email is required.
4. Is the living space considered small?
At 1,230 sqft, it is slightly below the average for both the street and the city. It suits efficient living and may indicate lower utility costs, but buyers seeking ample indoor space should verify the layout meets their needs.
5. Given it was built in 1973, what should I consider?
While newer than many homes on its street, a 53-year-old home will likely have had some systems updated. A thorough inspection is recommended to assess the condition of the roof, wiring, plumbing, and windows.