Property Overview: 300 Leighton Avenue, Winnipeg
Key Characteristics & Appeal
This 1,232 sqft bungalow, built in 1951 on a 4,677 sqft lot in Rossmere-B, presents a compelling value proposition. Its primary appeal lies in its above-average living space for both its street and neighborhood, ranking in the top 26% and 12% respectively, while carrying a below-average assessed value of $269k. This creates a notable value gap: you get more interior space than many nearby homes for a lower property tax valuation. The home is situated on a street where properties are typically older and on larger lots, suggesting an established, stable community.
The property would suit practical, value-conscious buyers such as first-time homeowners or downsizers looking for roominess without a premium price tag. It’s also a sensible option for investors or renovators who see potential in a home that is physically larger than many comparables but priced below area averages. A thoughtful perspective is that its "below-average" metrics for value and lot size on Leighton Avenue might indicate less redevelopment pressure or a more modest streetscape, appealing to those seeking affordability in a mature neighborhood without the premium for a massive lot.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value of $269k is for municipal tax purposes. Market value is determined by what a buyer is willing to pay, which can be higher or lower. Recent sale price ranges for this home suggest a market value historically between $250k and $300k.
2. How does the living area compare to nearby homes?
Favorably. At 1,232 sqft, the home is larger than the average on its street (1,121 sqft) and in Rossmere-B (1,047 sqft). It offers more interior space than approximately 74% of similar homes in the immediate neighborhood.
3. What does the sale history indicate?
The home sold in 2021 and previously in 2016. The price range increased between those sales, consistent with broader market trends. The public data shows estimated sale price ranges, not exact figures.
4. Is the lot size a disadvantage?
The lot is smaller than the average for Leighton Avenue and Rossmere-B, but is close to the citywide average for comparable homes. It may offer easier maintenance and could be a reasonable trade-off for the larger-than-average living area at this price point.
5. How can I find out the exact past sale prices?
The exact sale prices are not publicly displayed in this report. You can request them by providing an email address to the listing service, which manually provides the figures without using your contact for spam or marketing.