Property Overview: 250 Leighton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is defined by its position as a modest, historically grounded property in Winnipeg's Rossmere-B neighborhood. Its key characteristic is being consistently below average in scale and value compared to its surroundings. Built in 1913, it is one of the older homes on its street and in the wider area. With 912 sqft of living space and a 2,588 sqft lot, it is notably more compact than most comparable properties in the city.
The appeal lies primarily in its accessibility and potential. With a tax assessment value of $211,000—significantly lower than area averages—it represents a lower barrier to entry into the housing market. This isn't a move-in-ready showcase home; its appeal is for the value-conscious buyer, the first-time homeowner, or the investor looking for a foundational property. It suits someone comfortable with an older home that may require updates, or who prioritizes a manageable footprint and lower property taxes over size and modern finishes. A thoughtful perspective is that its very compactness and age offer a clear canvas; its value isn't in competing with larger, newer homes, but in providing a straightforward, affordable base in an established community.
Section 2: Frequently Asked Questions
1. What does it mean that the home ranks in the "top 90-99%" for age and value?
In this context, a high percentile (e.g., top 98%) means the property ranks near the bottom of the comparison list for that metric. For "Assessment Value," being in the top 98% means its value is higher than only 2% of comparable properties, confirming it is one of the lowest-valued homes in the area.
2. How reliable is the listed sale price range of $250,000-$300,000 from 2021?
This data is sourced from public records, not the MLS, and is presented as an unverified range. It serves as a general historical reference point. For precise, verified sale history, you must request the information directly from the site via email.
3. Given its age (1913), what should I be most concerned about?
Prospective buyers should prioritize inspections focusing on foundational integrity, wiring, plumbing, and insulation. A home of this era may have outdated systems that require modernization to meet current standards and efficiency expectations.
4. The lot size is much smaller than average. Is this a major drawback?
It depends on your lifestyle. The smaller lot means less exterior maintenance, which can be a benefit for those seeking simplicity. However, it limits potential for expansions, large decks, or extensive landscaping, so it may not suit those desiring significant outdoor space.
5. Are the comparable nearby properties useful for determining value?
The listed nearby properties show a mix of sizes, ages, and values, highlighting the diversity in Rossmere-B. They indicate that while this home is at the lower end of the scale for size and assessed value, it exists within a stable, varied neighborhood of primarily mid-20th century homes.