Property Summary: 174 Woodlawn Avenue, Winnipeg
Section 1: Overview & Appeal
This home at 174 Woodlawn Avenue in the Minnetonka neighbourhood presents a compelling case based on its strong comparative metrics. Built in 1971, its primary appeal lies in offering above-average space both inside and out. With 1,778 sqft of living area, it ranks within the top 14% of homes on its own street for size, and its 10,299 sqft lot is notably larger than most, placing in the top 6% city-wide. This combination suggests a property with ample room for living, entertaining, and outdoor activities.
The assessed value of $51,300k ranks well above average for the immediate street and area, indicating it is viewed as a substantial property within its micro-market. A less obvious point of appeal is its relative modernity compared to its direct neighbours; while it's a 55-year-old home, it is newer than the average house on Woodlawn Avenue, potentially implying fewer immediate concerns than much older stock. This property would best suit a buyer looking for a established home in a mature neighbourhood who prioritizes generous indoor and outdoor space over a brand-new build. It’s ideal for someone who values privacy and room to grow, and who interprets its strong assessed value ranking as a marker of long-term stability rather than just a current price tag.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is a formal estimate of the property's value. While the sold price history shows a range of CA$400k–450k in 2019, market conditions determine the final sale price. The fact that this home's assessment ranks in the top 9% on its street suggests it is considered a premium property in its immediate context.
2. Is the 1971 build date a concern?
The year built, 1971, is around the city-wide average. While not a new build, it is actually newer than the average home on Woodlawn Avenue. This means major systems may be more recent than those in neighbouring houses, but a thorough inspection is still essential to understand the condition of the roof, wiring, plumbing, and foundation.
3. What does the large land area (over 10,000 sqft) practically offer?
A lot of this size, ranking in the top 6% in Winnipeg, provides significant outdoor space for gardens, play areas, patios, or future additions like a shed or garage. It also offers greater privacy and distance from neighbouring homes compared to standard city lots.
4. How does this home compare to others in Minnetonka?
The data shows this home is above average for the Minnetonka area in both living area (top 23%) and land area (top 17%). Its assessed value also ranks in the top 21% for the area. However, it is noted as being "below average" for its year built within Minnetonka specifically, meaning the neighbourhood has many newer homes, but this home is newer than most on its own street.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request the accurate sold price history by emailing the provided service. They manually provide this data without using your email for unsolicited marketing.