Property Overview: 134 Leatherwood Crescent, Winnipeg
Key Characteristics & Appeal
This 1983-built home in River East presents a practical opportunity in Winnipeg's market. At 1,010 sqft, the living space is modest and below area averages, making it a candidate for efficient living or a future expansion. Its primary strengths are its generous 6,405 sqft lot—larger than most on the street—and its relatively newer construction date compared to many Winnipeg homes. With an assessed value of $351k, it sits below the neighborhood average but close to the citywide average, suggesting a potentially accessible entry point into a stable area.
The appeal here is grounded in value and potential rather than immediate grandeur. It suits first-time buyers seeking a manageable home with room to grow outdoors, or investors looking for a property with a solid land base. Its below-average size and assessment for the area indicate it may not be the most updated home on the block, appealing to those comfortable with a project or who prioritize lot size over finished square footage. A thoughtful perspective is that a newer home on a larger-than-average lot in this locale offers a rare combination; many larger lots feature older homes, while newer builds often sit on smaller parcels.
Frequently Asked Questions
1. Is the living area small for the neighborhood?
Yes. At 1,010 sqft, it is below the average for Leatherwood Crescent (1,226 sqft), the River East neighborhood (1,399 sqft), and citywide comparisons (1,342 sqft).
2. What is the standout feature of this property?
The land size. The 6,405 sqft lot is significantly larger than the street average (5,230 sqft) and above the citywide average, offering valuable outdoor space and potential.
3. How does its assessed value compare?
At $351k, it is below the averages for its immediate street ($380.3k) and neighborhood ($401.1k), but very close to the Winnipeg citywide average ($390.1k) for comparable homes.
4. When was it last sold and for roughly how much?
Records indicate a sale between April 2017, with a sold price in the range of CA$250,000–$300,000.
5. How can I get the exact historical sale prices?
The site provides sold price ranges publicly. For fully verified, exact figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.