Property Overview
64 Lloyd Street is a well-established home in Winnipeg's Norwood West neighborhood. Built in 1928, it presents a compelling mix of character and relative value, standing out in its immediate streetscape while offering a more accessible price point within the broader area.
Key Characteristics & Appeal
This 1,237 sqft home sits on a notably generous 4,714 sqft lot, which ranks in the top 4% on its street. This is a key asset, offering ample outdoor space that is rare for the block. The home's living area and assessed value ($312,000) are both above average for Lloyd Street, suggesting a property that is larger and more valuable than many of its direct neighbors.
Its appeal lies in this position as a "big fish in a small pond" on a street of generally smaller, older homes. For a buyer, it means getting more house and significantly more land than what's typical for the immediate vicinity, often at a lower price per square foot than the Norwood West neighborhood average. The 2019 sale price (estimated between $250k-$300k) indicates a history of being a value-oriented option.
This property would suit a pragmatic first-time buyer or an investor looking for a character home in a central location without the premium often attached to the wider neighborhood. It’s for someone who values lot size and interior space over a newer build or a home that’s already fully modernized, seeing potential in both the house and the sizable yard.
Frequently Asked Questions
1. How does the value of this home compare to the rest of Norwood West?
The home’s assessed value is below the neighborhood average, ranking in the top 88% (meaning it's less expensive than about 88% of comparable homes in Norwood West). This suggests it could be a more affordable entry point into the area.
2. Is the lot size a significant advantage?
Yes, particularly on this street. The lot is over 1,100 sqft larger than the street average, offering exceptional outdoor space for the location. This is a less obvious but valuable feature for gardening, expansion, or simply having more privacy.
3. The home was built in 1928. What should I consider?
While newer than many on its street, a home of this age will likely have older infrastructure. A thorough inspection is essential to understand the condition of the roof, foundation, plumbing, and electrical systems, and to budget for any necessary updates or maintenance.
4. The last known sale was in 2019. How can I find the exact price?
The provided data shows a sold price range. For fully verified and exact historical sale figures, you would need to request a manual lookup from the site, as they do not display MLS records directly.
5. Who are the most likely neighbors or comparable buyers?
Given its above-average size for the street but below-average price for the neighborhood, it may attract buyers who are priced out of larger, renovated homes in Norwood West but still want the location, or those who specifically prioritize lot size over a more modern interior.