Property Overview: 141 Balaban Place, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 141 Balaban Place presents a compelling blend of space, lot size, and established neighbourhood character. Built in 1978, it stands out on its street as one of the newest homes (top 2%), suggesting potentially fewer immediate concerns with aging infrastructure compared to its immediate peers. The 1,138 sqft living area is notably above average for the street and provides comfortable space within the Mission Gardens area.
The property’s most distinctive feature is its generous 7,676 sqft lot, which ranks in the top 11% of the neighbourhood and top 13% city-wide. This offers significant outdoor potential—from gardening to expansion—that is increasingly rare. With an assessed value of $340,000, it sits around the middle range for its area, indicating a fair market positioning.
Its appeal lies in this balance: it’s a home with above-average interior and exterior space on a quiet street in an established community. It would suit practical buyers looking for a solid, no-fuss family home with room to grow, as well as those who value a larger private yard over a brand-new build. The recent sale history suggests stable value in the $300k-$350k range.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others on the street?
The data shows it excels in lot size (top 23%) and living area (top 9%) on Balaban Place, while its assessed value is average. This suggests you may get more house and land here relative to the street's typical price point.
2. What does the "Elite" ranking for year built mean?
On this specific street, a 1978 build date is among the newest. This is a relative advantage within the context of Mission Gardens, where many homes are of a similar vintage, potentially indicating updates or newer core systems.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($340k) is for municipal tax purposes. Notably, the home sold within the $300k-$350k range in both 2021 and 2025, showing price consistency that aligns closely with this assessment.
4. What are the implications of such a large lot?
A 7,676 sqft lot is substantially larger than the neighbourhood average (~5,370 sqft). This not only allows for more privacy and recreation space but may also offer future potential for additions, subject to local zoning.
5. How can I get the exact historical sold prices?
The provided prices are estimated ranges from public data. The listing service offers to provide the exact sale figures via a manual email request, which they aim to fulfill by the end of the same business day.