Property Overview: 96 Lawndale Avenue, Norwood West
Key Characteristics, Appeal & Ideal Buyer
This 1,258 sqft home, built in 1942, presents a compelling value proposition centered on its generous lot. The standout feature is the 5,998 sqft land area, which ranks in the top 4% on its street, offering above-average outdoor space for the neighbourhood. While the living area is modest compared to immediate neighbours, the property carries an assessed value ($458k) that is consistently above average for the street, area, and city, suggesting perceived value in the lot and location.
The appeal lies in this balance: a home with functional interior space situated on a lot with significant potential. It suits a practical buyer who values a large yard for gardening, recreation, or future expansion over a large existing footprint. It would also resonate with a value-conscious purchaser looking in Norwood West, who understands that the assessed value premium is likely tied to the desirable lot size rather than the home's current scale. The 2019 sale history indicates established ownership, and the home's age is typical for the well-established character of the area.
Frequently Asked Questions
1. Why is the assessed value above average when the living space is below average?
The assessed value reflects more than just interior square footage. In this case, the premium is strongly influenced by the property's lot size, which is exceptionally large for the street and above average for the neighbourhood, adding significant value.
2. What does the "Elite" ranking for Land Area mean?
It means this property's lot size (5,998 sqft) is larger than approximately 96% of the 90 comparable properties on Lawndale Avenue. It is a standout feature on its specific street.
3. How recent is the sale price data, and why is it shown as a range?
The last recorded sale was in July 2019. For non-registered users, the site displays sold prices in $50k bands (in this case, CA$400k–450k) as a privacy and verification measure. Exact figures require a direct request to the site administrators.
4. Is the home smaller than most in Winnipeg?
Not exactly. With 1,258 sqft, it is slightly below the city-wide average of 1,342 sqft for comparable homes, placing it near the middle of the pack. Its smaller size is more noticeable when compared specifically to other homes on its own street.
5. What might be a consideration regarding the year built?
Built in 1942, the home is older than about 80% of comparable properties across Winnipeg. Buyers should factor in the potential for age-related maintenance or systems updates, which is common for a home of this vintage in a mature neighbourhood like Norwood West.