91 Lusted Avenue

Property Overview: 91 Lusted Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 91 Lusted Avenue in North Point Douglas presents a practical opportunity in Winnipeg’s market. Built in 1937, it’s a notably newer construction compared to many of its immediate neighbours, potentially suggesting fewer concerns related to the very old infrastructure common in the area. With 1,335 sqft of living space and a 3,371 sqft lot, its size is squarely average for both the street and the wider neighbourhood, offering comfortable, manageable proportions.

The primary appeal lies in its value positioning. With an assessed value of $149,000, it sits in the middle range for its local area but falls within the bottom 3% city-wide. This highlights a significant price differential compared to the Winnipeg average, positioning it as an accessible entry point into homeownership or a strategic investment in a transitioning neighbourhood. Its last known sale was between $100k-$150k in mid-2020.

This property would best suit value-conscious buyers, such as first-time homeowners seeking a foothold, or investors looking for a rental property with a lower initial capital outlay. It also appeals to those interested in the character and potential of North Point Douglas, who are comfortable with a home that offers average local amenities but stands out as a relative value within the broader city context.

Section 2: Frequently Asked Questions

1. Is this a good value for money?
Based on the data, its assessed value is significantly below the Winnipeg city average, while offering living space that is on par with the typical city home. This suggests you are getting comparable space for a lower price point, though market conditions and the home’s specific condition will be the final determinants.

2. How does the age of the home (1937) affect it?
While 89 years old, it is actually a newer build compared to many homes on its street and in North Point Douglas. This could imply updates over the years or potentially less immediate need for major foundational or structural repairs common in century-old homes.

3. What does the sold price history tell us?
The property sold for between $100,000 and $150,000 in June 2020. This provides a recent benchmark, but it’s essential to request the exact sale price and compare it to current market conditions and any changes made to the property since then.

4. How does the lot size impact future potential?
At 3,371 sqft, the lot is smaller than the city average but typical for the neighbourhood. This is sufficient for a garden or patio but may limit expansion possibilities like a large addition or garage, depending on local zoning bylaws.

5. How can I get the exact past sale prices?
The provided data shows price ranges. To obtain fully verified, exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry regulations.