102 Lyndale Drive

Property Overview: 102 Lyndale Drive, Norwood West, Winnipeg

Key Characteristics & Appeal

This home at 102 Lyndale Drive is a standout property in Winnipeg, characterized by its generous scale and premium positioning. Its primary appeal lies in offering substantial space on a large lot within a well-established neighborhood. The 2,134 sqft living area is significantly above averages for the street, Norwood West, and the entire city, placing it in the top 8% citywide. This is complemented by an expansive 8,701 sqft lot, which ranks in the top 3% for the neighborhood, providing rare outdoor space and potential.

The property’s assessed value of $781k reflects its elite standing, ranking in the top 2% both in Norwood West and across Winnipeg. This indicates it is viewed as a high-caliber asset within the market. A less obvious point of consideration is the home’s 1945 build year; while typical for the area, it is older than the Winnipeg average. This suggests buyers should value classic construction and be prepared for the character and potential maintenance nuances of an older, well-sized home. Its last recorded sale was between $850k-$900k in April 2021.

This home would best suit buyers looking for a established, spacious property where the value is driven by lot size, interior square footage, and location rather than modern build date. It’s ideal for those who prioritize room to grow, garden, or entertain privately, and who appreciate a home with a proven history of value appreciation in a mature community.

Frequently Asked Questions

1. How does this home’s size compare to its neighbors?
It is notably larger than most. Its living area is in the top 22% on Lyndale Drive and the top 8% in the wider Norwood West neighborhood, offering more interior space than the vast majority of comparable local homes.

2. What does the "Elite" assessed value ranking mean?
An assessed value ranking in the top 2% for both the neighborhood and city means this property is officially valued among the highest in Winnipeg. It signals a premium market position, which typically correlates with desirable location, size, and amenities.

3. The house was built in 1945. Should I be concerned?
The build year is around average for Norwood West. It signifies a classic home, likely with solid construction, but a thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the roof, which may need updates or have specific maintenance histories.

4. Can I get the exact historical sold price?
The provided sold price is a range from public data. To receive verified, exact sale figures from the full transaction history, you must request them directly via email through the site, as per the note on the listing page.

5. How does the lot size benefit a buyer?
At over 8,700 sqft, the lot is substantially larger than area averages (top 3% in Norwood West). This offers greater privacy, landscaping possibilities, space for additions like a deck or garage, and generally contributes significantly to the property’s value and appeal.