Property Overview: 235 Lyndale Drive, Norwood West
Key Characteristics & Appeal
This home at 235 Lyndale Drive is a substantial and well-established property in Norwood West. Its primary appeal lies in its generous scale and superior valuation within a desirable neighborhood. With over 2,000 square feet of living space, the home is significantly larger than average for Winnipeg, ranking in the top 11% city-wide. This size advantage is even more pronounced within Norwood West itself, placing it in the top 12% of the neighborhood.
The property’s assessed value of $701,000 underscores its premium positioning, ranking in the elite top 3% of Norwood West and top 4% city-wide. This indicates a home that is not only spacious but also likely well-appointed or possessing desirable features that translate to high perceived value. The lot size is also above average for the neighborhood, offering more outdoor space than most nearby homes.
Built in 1948, the home is typical for its street but is actually newer than many in the broader Norwood West area. This suggests a blend of classic neighborhood character with potentially updated infrastructure. It would best suit buyers looking for a spacious, established home in a prime location, who value above-average room sizes and a property that stands out in terms of investment value and stature within a mature community. It’s a solid choice for those prioritizing space and established prestige over a brand-new build.
Frequently Asked Questions
1. What does the "Elite" assessed value ranking mean?
It means this home's official assessed value is in the top 4% of all comparable homes in Winnipeg and the top 3% in Norwood West. This typically reflects a combination of its large size, desirable location, lot characteristics, and the quality/condition of the home itself.
2. Is the 1948 build date a concern?
While older than the city average, the home is actually newer than the typical Norwood West house. Its systems, roof, and structure would require a thorough inspection, but the year built is consistent with the classic character of the area.
3. How does the lot size compare?
At just over 6,100 sq. ft., the lot is above average for Norwood West but slightly smaller than the average on Lyndale Drive itself. This offers a good balance of outdoor space while keeping maintenance manageable.
4. Why isn't a full sales history shown?
The provided data is compiled from public records, not the MLS. For a complete and verified transaction history with exact sale prices, you must request a manual lookup from the site via email.
5. The home is larger than most—what are the trade-offs?
While offering exceptional space, a home of this size and caliber in a mature neighborhood often comes with higher property taxes, potentially higher utility costs, and a premium purchase price reflective of its "elite" valuation status.