Property Overview: 19 Woodlawn Avenue, Winnipeg
Key Characteristics & Appeal
This home on Woodlawn Avenue in Minnetonka presents a compelling value proposition centered on spaciousness. Its primary standout feature is its generous 2,838 sqft of living area, which ranks in the top 1-3% compared to homes on its street, in its area, and across the entire city. This means you get significantly more interior space than the typical Winnipeg home. The lot size of 7,313 sqft is also notably above the city-wide average, offering ample outdoor room.
Built in 1973, the home is newer than most on its specific street, potentially suggesting fewer concerns with the aging components common in older neighbourhoods. Interestingly, the assessed value is positioned as "around average" across all comparison levels. This combination—exceptional size with an average valuation—hints at a potentially efficient price per square foot, which is a key appeal for value-conscious buyers seeking space.
The property would suit growing families or anyone needing extensive room, who prioritize interior square footage over a premium, updated status. It’s a practical choice for buyers looking for a established neighbourhood home where the investment has gone into space rather than a high-end assessment or the newest build date.
Frequently Asked Questions
1. How does the sold price history inform the current value?
The home sold for an estimated $400k-$450k in 2019. This past sale, ranking in the top 20-32% for its area at the time, provides a historical benchmark. Current value is influenced by market changes since then, the home’s condition, and its unique size advantage.
2. The living area is in the top 1%, but the assessed value is average. Why?
An average assessment despite high square footage can indicate several things. The home’s interior may require modernization, or its functional layout or finishes might not align with current premium standards. It can also reflect the specific valuation models used by the assessor, which consider more than just size.
3. What does it mean that the home is "newer" than others on the street?
With a 1973 build date ranking in the top 15% on Woodlawn Avenue, it’s likely one of the more recent homes on the block. This could mean relatively newer core systems (like plumbing or electrical) compared to neighbours, but a professional inspection is still essential, as the home is over 50 years old.
4. Is the lot size a major feature?
The lot is above average city-wide (top 15%), providing good outdoor space. On its street and in Minnetonka, it’s around average. So, while it’s a solid, city-sized lot, it’s not an unusually large estate parcel for the immediate area.
5. How can I get the exact historical sold price?
The precise sale price is not publicly listed. You can request it by email through the listing service. They provide this data manually and state they do not use email addresses for unsolicited marketing.