Property Summary: 182 Lyndale Drive, Norwood West, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of established character and above-average substance. Its primary appeal lies in its generous scale and premium valuation within a mature neighborhood. At 2,224 sqft, the living space is significantly larger than typical homes in Norwood West, Winnipeg, and even on its own street, placing it in the top 6% citywide. This is reflected in its assessed value of $784k, which ranks in the elite top 2% for both the neighborhood and the entire city.
The property suits buyers seeking space and established prestige over a modern build. Built in 1911, it is notably older than most area homes, appealing to those who appreciate classic architecture and are prepared for the stewardship an older home requires. The lot size, while average for Lyndale Drive, is above average for the wider neighborhood, offering good outdoor space. A thoughtful perspective is that this home represents a "value anchor" on its block—its high assessment can positively influence perceptions of surrounding properties. It’s ideally suited for a buyer who doesn’t need the newest home but desires well-above-average interior space and a proven, high-value location, likely viewing potential maintenance as a trade-off for character and room to grow.
Frequently Asked Questions
1. How does the 1911 build year affect this property?
While it offers classic charm, it means the home is significantly older than most in the area. Buyers should prioritize a thorough inspection to understand the condition of major systems, the foundation, and any historical updates, and budget accordingly for maintenance or modernization.
2. The assessed value seems high for the street. Is that accurate?
The assessment is in the top 10% for Lyndale Drive and top 2% for Norwood West. This typically reflects the home's larger size, lot, improvements, and market position. It’s a verified figure from municipal data, but market value can differ based on condition and current buyer demand.
3. What does the sold price history indicate?
Records show it last sold in May 2020 for between $750,000 and $800,000. This past sale price, which was in the top 2% for the neighborhood even then, confirms the property's sustained high-market positioning.
4. Is the lot size a pro or a con?
At just over 6,000 sqft, the lot is slightly below the street average but above the neighborhood average. It provides ample yard space for a mature area without the extensive upkeep of a much larger parcel, striking a practical balance.
5. How can I get the exact historical sold prices?
Due to data licensing rules, exact sold prices are not displayed publicly on the site. You can request the full transaction history and exact figures via email from the provider, who will manually look up the verified records and send them to you.