Property Overview
352 Lindsay Street is a 990 sqft home built in 1905, situated on a 4,500 sqft lot in Winnipeg's North River Heights neighbourhood. With an assessed value of $355k, it presents a distinct profile within its context—a smaller, character home in an area of generally larger, more modern properties.
Key Characteristics & Appeal
This home’s primary appeal lies in its position as a more accessible entry point into the desirable North River Heights area. Its assessed value is notably below the neighbourhood average, which could attract budget-conscious buyers seeking the location's amenities and prestige without the typical price tag. The lot size is fairly standard for the immediate area, offering reasonable outdoor space.
The property suits specific buyer profiles well. It’s ideal for a first-time buyer, a downsizer, or an investor looking for a character rental in a stable neighbourhood. Its smaller living area and vintage (1905) require a buyer comfortable with a cozy footprint and the potential maintenance or renovation considerations of an older home. A thoughtful perspective is that this home offers the chance to own a piece of the neighbourhood's early history, standing as one of the original properties on the street.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold between $300k-$350k in July 2022. Its current $355k assessment is closely aligned with that sale price, suggesting stable value in line with the market at that time.
2. Is the living area small for the neighbourhood?
Yes. At 990 sqft, the living area is below average for both North River Heights and for Lindsay Street itself. This is a key factor in its lower assessed value relative to neighbours.
3. What should I consider with a home built in 1905?
While offering classic charm, a 121-year-old home will likely have older infrastructure. A thorough inspection is essential to understand the condition of wiring, plumbing, the foundation, and the roof, and to budget for potential updates.
4. How does the lot size compare?
The 4,500 sqft lot is slightly below average for Lindsay Street but is around the average for the wider North River Heights area, providing a decent-sized yard typical for the neighbourhood.
5. Where can I get verified historical sale data?
The site notes that exact sale figures are not displayed publicly due to industry rules. You can request the full transaction history and exact sold prices directly from the website via email, which they will provide manually.