Property Overview: 291 Lindsay Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1,210 sqft bungalow, built in 1950 on a 5,600 sqft lot, presents a solid, middle-of-the-road offering in a desirable neighbourhood. Its primary appeal lies in its balance and established location. The home sits comfortably above average for its lot size within North River Heights, suggesting a more generous outdoor space than many area properties. While the living area is modest compared to the neighbourhood average, the assessed value of $432k is positioned reasonably against local and city-wide benchmarks, indicating a fair market valuation.
The property would suit practical buyers looking for a foothold in a well-regarded area without a premium price tag. It’s a candidate for those comfortable with a home of vintage character who may prioritize land size over interior square footage. A thoughtful perspective is that its "average" metrics across the board could signal stability and less volatility, making it a sensible, lower-risk entry into the market rather than a standout bargain or a luxury purchase. The data suggests it’s a home that doesn’t overpromise, potentially offering a straightforward foundation for long-term living or future updates.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in mid-2020. Its current assessed value of $432k is ranked in the top 35% on Lindsay Street, indicating its official valuation is now above the street's average.
2. Is the living space small for the area?
At 1,210 sqft, the living area is below the average for North River Heights (~1,540 sqft) but is close to the average for homes directly on Lindsay Street (~1,175 sqft). It offers a more compact footprint typical of many original bungalows in the area.
3. What does the lot size ranking mean for this property?
With a lot size ranking in the top 21% for North River Heights, this property has a larger-than-typical yard for the neighbourhood. This is a distinct advantage for outdoor space, gardening, or potential expansion.
4. The home was built in 1950. Should I be concerned about its age?
While 76 years old, the home is actually newer than many in North River Heights, ranking in the top 8% for year built in the area. This suggests the immediate neighbourhood has even older housing stock, and major systems may have already been updated over time.
5. How can I verify the exact historical sale price?
The site provides sold price ranges for general research. Due to industry regulations, exact sale figures and full transaction histories are not published online. You can request this verified data directly via email through the site’s manual lookup service.