Property Overview: 1144 Lansdowne Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its lot and location. Built in 1958, it is a notably newer construction compared to many homes on its street and in the Mynarski neighbourhood. The key figures tell an interesting story: with 912 sqft of living space, the house itself is more compact than most comparable properties locally and citywide. However, it sits on a larger-than-average lot for the immediate area (4,798 sqft), offering valuable outdoor space or future potential.
The primary appeal lies in its assessed value of $319,000, which ranks well above average for Lansdowne Avenue and the Mynarski area. This suggests the property is perceived to hold significant value for its specific setting, potentially due to the lot size, the home's condition, or its newer age relative to neighbours. It suits a practical buyer who prioritizes land size and a solid valuation foundation over sheer interior square footage. It could be an ideal fit for a first-time homeowner comfortable with a cozier footprint, an investor interested in the lot's value, or someone looking for a lower-maintenance property with room to garden or expand outdoors.
Frequently Asked Questions
1. Why is the assessed value relatively high for a smaller home?
The assessment likely reflects the property's newer age (1958) compared to neighbouring homes, its larger lot size for the street, and overall condition. The value is driven more by the land and the property's standing in its immediate context than by living area alone.
2. How does the smaller living area impact daily life?
With 912 sqft, efficient use of space is essential. It's well-suited for individuals, couples, or small families comfortable with a more compact layout. The larger lot can effectively extend living space outdoors in warmer months.
3. What does the "newer" build year mean for maintenance?
While still a 68-year-old home, being newer than many on the block (where averages date to 1935) can imply updates to core systems may have occurred later. However, a thorough inspection is still crucial to understand the current state of the roof, wiring, plumbing, and insulation.
4. Is the higher assessment a benefit or a drawback?
It's a double-edged sword. It indicates strong value for the area, which is positive for equity. However, it typically correlates with higher property taxes compared to similarly sized but older or less favorably assessed homes nearby.
5. How can I get exact historical sale price data for this property?
The public listing data does not include MLS sale history. You can request the exact sales figures by emailing the site directly via the "Request exact figures by email" link provided; they will manually retrieve and send the information.