Property Overview: 186 Lyndale Drive, Norwood West, Winnipeg
Key Characteristics & Buyer Appeal
This 1949-built home in Norwood West offers a compelling blend of established neighbourhood character and above-average metrics for its area. With 1,728 sqft of living space, it sits comfortably above the city-wide average, providing ample room in a mature setting. The lot size of just over 6,000 sqft is a notable feature, ranking within the top 15% for the Norwood West area, suggesting generous outdoor space relative to many local properties.
The home’s primary appeal lies in its strong positional value within the broader market. Its assessed value of $616k places it in the top 6% of Norwood West and the top 7% city-wide, indicating it is perceived as a higher-value asset compared to most Winnipeg homes. This suggests a desirable location or property attributes that assessors value highly. A less obvious perspective is that while the home is older (77 years), it is actually newer than many in its immediate area, ranking in the top 7% for year built in Norwood West. This points to a neighbourhood of classic, well-established homes where this property is among the more recent builds.
It would suit a buyer looking for a character home in a mature, sought-after neighbourhood who values a larger lot and is comfortable with a property of this vintage. The data suggests it appeals to those prioritizing location and land size over a newer construction, and who see value in an asset that stands well above average in its area and city-wide assessments.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is above average for both the immediate street and the wider Norwood West area. On Lyndale Drive, it ranks in the top third, and within the entire neighbourhood, it’s in the top 6%, indicating it is considered a higher-value property in this community.
2. Is the lot size a significant feature?
Yes. The 6,009 sqft lot is a standout for the Norwood West area, ranking in the top 15%. This means it offers more outdoor space than most comparable properties in this specific neighbourhood.
3. Given the home was built in 1949, what should I consider?
While 77 years old, it’s noteworthy that this home is actually newer than many in Norwood West, ranking in the top 7% for its year built locally. This suggests potential for newer infrastructure or updates compared to area averages, but a thorough inspection for age-related maintenance is always recommended.
4. What does the sold price history indicate?
Public data shows it sold between $650k-$700k in June 2022. This sale price ranked in the top 5% for the Norwood West area at that time, confirming the premium market position suggested by its high assessed value.
5. How accurate is this data, and where can I get exact sale figures?
The provided data is sourced from public records and is considered reasonably reliable but not guaranteed. Exact sold prices are not displayed due to industry rules. You can request the precise transaction history via email from the site, which will provide manually verified figures.