Property Overview: 471 Leighton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 970 sqft bungalow in Rossmere-B presents a balanced offering centered on its generous lot. Built in 1955, the home itself is of average size for its street and neighborhood, with an assessed value aligned with local averages. The primary standout feature is the 6,598 sqft land area, which ranks in the top 5% on its street, offering significantly more outdoor space than most comparable properties.
The appeal lies in this land potential. It’s a property where the value is grounded more in what you could do, rather than sheer interior size. It suits a practical buyer looking for a solid, no-fuss home in an established neighborhood, with the bonus of a large yard for gardening, recreation, or future expansion. It would also appeal to a value-conscious purchaser who sees opportunity in a lot that outperforms the house itself, making it a candidate for long-term investment through landscaping, additions, or simply enjoying the extra privacy and space.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 970 sqft, the living space is very close to the Rossmere-B neighborhood average (1,047 sqft) and typical for the street. It is, however, below the wider Winnipeg average, indicating a more compact interior layout common in this specific area.
2. What does the "Elite" ranking for land area mean?
This means the property's lot size of 6,598 sqft is larger than 95% of the 175 comparable lots on Leighton Avenue. It’s a notably larger parcel than most of its immediate neighbors, which is a key differentiator.
3. Is the assessed value a reliable indicator of the market price?
The assessed value of approximately $323k is around the average for the street and neighborhood. It provides a baseline for municipal taxation, but market price is determined by current conditions, the property's state, and buyer demand. Recent sold data suggests homes here transact within a competitive range.
4. The home was built in 1955. What should I consider?
While newer than many on its street (average year built is 1946), a 1955 home will likely have systems and components, like roofing, plumbing, or wiring, that require inspection for age and condition. This is typical for well-established neighborhoods and allows for updates to be made to the owner's preference.
5. How can I get the exact historical sold price for this property?
The provided data shows a sold price range from 2016. Due to industry regulations, exact MLS sold records are not published on this site. You can request the full transaction history and exact figures via email from the service provider for a manually verified report.