Property Overview: 257 Lindsay Street, Winnipeg
Key Characteristics & Appeal
This home at 257 Lindsay Street in North River Heights is a property defined by its generous lot and established neighbourhood character. Built in 1952, the 1,224 sqft house sits on a notably large 6,294 sqft parcel of land, which ranks in the top 13% for lot size on its own street. This presents a significant opportunity for buyers who value outdoor space, potential for gardening, expansion, or simply a greater sense of privacy relative to nearby homes.
Its appeal lies in a balanced, grounded position within the market. With an assessed value of $418,000, it sits close to the average for its immediate street and the broader North River Heights area, suggesting it is priced in line with neighbourhood norms. The home’s living area is modest compared to some area averages, indicating a more efficient or traditional layout rather than a sprawling one. This combination—a larger-than-average lot with a house of average size and value—makes it a practical canvas. It would suit a buyer looking for a solid entry into a desirable, mature neighbourhood without a premium price tag, and who sees potential in the land itself, whether for immediate enjoyment or future renovation.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $350,000 and $400,000 in August 2024. This sale price range came in below its $418,000 assessed value, which is not uncommon as assessed value for taxation purposes and market sale price can differ.
2. Is the house older than others in the area?
At 74 years old (built in 1952), the home is actually newer than many in North River Heights, ranking in the top 6% for year built in the area where many homes are from the 1930s. However, it is around the average age for its specific street.
3. What does the lot size ranking mean for me?
Ranking in the top 13% on Lindsay Street for land area means this property has a larger yard than most of its direct neighbours. This could offer more privacy, space for additions like a garage or deck, or simply a more substantial garden area.
4. How accurate is the sold price data shown?
The sold price is presented as a range based on publicly available data. For verified, exact sale figures and a full transaction history, you must request the information directly via email, as this site does not display proprietary MLS sales records.
5. What are the likely maintenance considerations for a home of this age?
While newer than many area homes, a house built in 1952 will still require diligent attention to aging components. A prospective buyer should prioritize inspections of the roof, foundation, plumbing, electrical systems, and windows to understand the home’s condition and any upcoming capital needs.