Property Overview & Key Characteristics
95 Lloyd Street is a well-established one-and-a-half storey home in Winnipeg's Norwood West neighbourhood, built in 1912. Its key appeal lies in a combination of character, practical updates, and a generous lot size. The home features a renovated basement and a detached garage, sitting on a 3,263 sqft parcel of land that is notably larger than most in the immediate area. With 1,564 sqft of living space, it offers more room than the vast majority of comparable homes on its street.
The property would particularly suit buyers who value established neighbourhoods with mature landscapes and appreciate the potential of a large lot for gardening, expansion, or outdoor living. Its recent sale history shows steady value appreciation, and its above-average lot size and living area for the street suggest a solid footprint. It's a practical choice for someone seeking a character home without the extreme maintenance of an unrenovated century property, given the updated basement.
Frequently Asked Questions
1. How does the lot size compare to the area?
The 3,263 sqft lot is a significant asset, ranking in the top 38% on Lloyd Street itself and in the top 5% within the wider Norwood West neighbourhood. This means you're getting more outdoor space than most properties nearby.
2. What is the recent sales history and trend?
The home sold for $29,700 in October 2019 and then $34,900 in April 2021. This indicates a pattern of value growth over a short period prior to the current listing.
3. Is the living space typical for a home of this age on the street?
No, it's quite atypical in a positive way. With 1,564 sqft, this home ranks in the top 6% on Lloyd Street for living area, meaning it is substantially larger inside than most of its direct neighbours.
4. How does the assessed value compare to nearby similar properties?
The $34,500 assessed value is consistent with several homes in other established neighbourhoods like Varsity View and Elmhurst, as shown in the comparable list. On Lloyd Street specifically, it ranks in the top 12%, indicating it is assessed higher than most on the block.
5. What is the context of the "renovated basement" mention?
The listing specifies a renovated basement, which is a key functional update for a 1912 home. This suggests the lower level has been modernized for living or utility space, a valuable improvement over a typical original cellar in a home of this era.