Property Overview
51 Balaban Place is a well-established home in Winnipeg's Mission Gardens neighbourhood. Built in 1977, it presents a practical opportunity with a straightforward value proposition. The home's key appeal lies in its manageability and its position as a typical, unassuming property within its immediate area. It suits first-time buyers, downsizers, or investors looking for a functional home without the premium price tag of a larger lot or a more recently built property. Its assessed value and living space are very much in line with neighbouring homes, suggesting it's a standard offering for the street and community.
A thoughtful perspective for buyers is to see the smaller land area (4,399 sqft) not just as a limitation, but as a feature for those seeking lower maintenance. Similarly, while the living area is below the city average, its efficiency is reflected in its average ranking within the neighbourhood, indicating the floor plan likely meets local expectations for comfortable living without excess.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is very typical for Balaban Place. Its living area, assessed value, and year built all rank very close to the average for the 64 homes on the street, meaning it is a representative, middle-of-the-road property in its direct peer group.
2. Is the lot size a concern?
The lot is smaller than average for both the street and the Mission Gardens area. This translates to less yard maintenance, which can be a positive for some, but may limit expansion possibilities or spacious outdoor living compared to some neighbours.
3. What can the sold price history tell me?
Public records show it last sold between 2016 and 2025 for an estimated CA$250k–300k. For the exact sale price and date, you must request the information directly via the provided email service, as this data is manually verified.
4. What is the likely condition of a home built in 1977?
As a 49-year-old home, it is crucial to factor in the potential need for updates or replacements to major aging components, such as the roof, windows, plumbing, or electrical systems. A thorough inspection is highly recommended.
5. Who would this property not suit?
Buyers looking for a large yard, above-average square footage for the city, or a recently built home without renovation projects may find this property too constrained. It is best suited for those whose needs align with the established norms of the Mission Gardens community.