Property Overview: 156 Woodlawn Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 156 Woodlawn Avenue in Minnetonka presents a balanced and practical offering. Its key appeal lies in a generous, above-average lot size of nearly 9,500 sqft, providing substantial outdoor space that is a standout feature both for the street and the wider city. The house itself, built in 1969, offers a functional 1,374 sqft of living space and an assessed value of $400k, both figures that are consistently around the average for comparable homes in its immediate area, suggesting it is a typical and competitively positioned property for the neighbourhood.
The appeal is grounded in its proportionality and established location. It suits buyers looking for a manageable-sized home without sacrificing yard space—ideal for gardening, children, or pets. It would particularly fit first-time buyers or downsizers seeking a stable, no-surprises property in a mature neighbourhood, where the value is derived more from the land and location than from a large or modernized interior. A thoughtful perspective is that while the home is older than many in Minnetonka, its lot size offers a tangible asset with long-term flexibility that newer builds on smaller lots often lack.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home last sold between $250k-$300k in 2016. Its current assessed value of $400k reflects market changes and the property’s characteristics, but for an exact historical sold price, you can request the information via email.
2. Is the lot size a significant advantage?
Yes. The lot is notably larger than average. Compared to city-wide lots, it ranks in the top 7%, meaning it offers more private outdoor space than most properties in Winnipeg.
3. The home was built in 1969. What should I consider?
As a home from the late 1960s, prospective buyers should budget for updates consistent with its age, such as roofing, windows, or mechanical systems. It is older than many homes in the broader Minnetonka area but is typical for its specific street.
4. Who are the immediate neighbours?
The property is on a settled street with closely spaced homes. The direct neighbours at 154 and 160 Woodlawn Avenue are just 22 meters away, indicating a typical urban lot layout.
5. How does this property rank for its size and value on its own street?
On Woodlawn Avenue, this home ranks above average for lot size, around average for living area, and around average for assessed value. This indicates you are paying primarily for a standard-sized home but on a better-than-standard lot for that specific street.