Property Overview
This home at 1064 Pandora Avenue W in Winnipeg's Mission Gardens neighbourhood presents a specific and compelling value proposition. Built in 1985, its key appeal lies in the substantial 8,888 sqft lot, which is exceptionally large for the area, ranking in the top 5% of the Mission Gardens neighbourhood. The 1,056 sqft living area is modest but competitive for the street and local area. The assessed value of $36,100 is above average for the immediate street, suggesting the property is well-regarded in its most direct comparisons.
The home’s primary draw is the land itself. It suits a buyer looking for space and potential in a mature neighbourhood—someone who values a large yard for gardening, recreation, or future expansion more than a large existing footprint. It would also appeal to a value-conscious purchaser who sees the above-average lot size as a long-term asset, especially given the home's relatively modern construction date compared to many on the street. The data indicates you are paying a premium versus direct neighbours, likely for that lot size and newer build, but acquiring a property that is average or better across most metrics when viewed in the wider city context.
Frequently Asked Questions
What is the exact selling history?
Public records show it last sold between $250,000 and $300,000 in 2019. The exact sale price is available upon direct request to the listing service.
Is the lot size a major advantage?
Yes, significantly. The lot is nearly 50% larger than the Mission Gardens average and ranks in the elite top 5% for the neighbourhood. This is the property's standout feature for outdoor space or redevelopment potential.
How does its value compare to nearby homes?
Its assessed value is above average for Pandora Avenue W itself, ranking in the top 21%. This suggests it is considered a higher-value property on its own street, likely due to the lot and newer construction, while being average compared to the broader city.
What does the "year built" ranking mean?
Built in 1985, it is newer than most homes on its street (top 17%) and also newer than the typical Winnipeg home. This could mean fewer concerns with outdated major systems compared to a century-old property.
Are the living space and lot size out of balance?
The home has a fairly standard living area but an unusually large lot. This configuration is less common and suggests the property may prioritize outdoor space over indoor square footage, which is a specific taste.