Property Overview: 77 Lawndale Avenue, Norwood West, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 77 Lawndale Avenue presents a balanced offering in Winnipeg's Norwood West neighbourhood. Built in 1944, its 1,320 sqft living space and $401k assessed value are both squarely around the average for the immediate street and wider area. The true standout feature is the lot: at just under 6,000 sqft, it ranks in the elite top 4% for land size on Lawndale Avenue and is well above average for Norwood West. This creates a valuable contrast—a home with standard interior dimensions on a larger-than-standard parcel of land.
The appeal lies in this potential. It suits a buyer who sees opportunity in the generous outdoor space for gardening, expansion, or simply enjoying a sizable yard in a mature neighbourhood. It would also fit a practical buyer looking for a home that is competitively priced within its local market, without extreme highs or lows in its core metrics. The data suggests a property that is financially in line with its peers, but with the less common advantage of a substantial lot, offering a foundation for future value addition or personal enjoyment.
Section 2: Frequently Asked Questions
1. How does the sold price from 2023 relate to the current assessed value?
The home sold for an estimated $450k-$500k in August 2023. The current assessed value of $401k is a municipal assessment for tax purposes and is typically lower than market value; the recent sale price is a stronger indicator of its actual market worth.
2. Is the older year of build (1944) a concern?
The home is older than the Winnipeg city average. However, it's actually newer than many homes on its own street and in Norwood West, ranking above average locally. A thorough inspection is always recommended for a home of this age to understand the condition of major systems.
3. What does the "Elite" ranking for land area actually mean?
This means that among the 90 comparable homes on Lawndale Avenue, only 3 have a larger lot size. It signifies a scarce and desirable feature on this specific street.
4. Are the living area and assessed value considered low?
Not in their immediate context. Both the square footage and assessed value are very close to the average for the neighbourhood. This indicates you are getting a standard-sized home for the area, at a valuation in line with the market, with the lot size being the premium feature.
5. How can I get the exact historical sold price data?
The site does not display exact sold prices from the MLS. You can request the exact figure by emailing them directly; they will perform a manual lookup and provide the information at no cost.