Property Overview: 488 Leighton Avenue, Winnipeg
Key Characteristics & Appeal
This 1956 bungalow at 488 Leighton Avenue presents a solid, grounded opportunity in the Rossmere-B neighborhood. With 1,014 sqft of living space, the home sits on a notably generous 6,193 sqft lot, which is larger than most on its street and in the wider area. Its assessed value of $303K is comfortably in line with neighborhood averages, suggesting a stable and established setting.
The appeal here is one of practical value and potential. The home itself is of a very typical size for the area, but the lot size offers a tangible advantage—room for gardening, expansion, or simply more private outdoor space than many comparable properties. Being built in 1956, it is newer than many homes on Leighton Avenue, which may imply updates over time or fewer concerns associated with very old infrastructure. It suits first-time buyers seeking an entry point into a stable neighborhood, or practical-minded homeowners who prioritize land size over a large interior footprint. It’s a property for those who see value in a manageable home with room to grow outdoors, rather than a turn-key or luxury offering.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is very typical for the Rossmere-B neighborhood, ranking almost exactly in the middle among similar homes. It’s a standard-sized bungalow for the community.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($303K) is a municipal calculation for tax purposes and is a useful benchmark. It shows the home is valued consistently with its immediate area, where averages are around $311K. Market conditions, property condition, and updates will ultimately determine the sale price.
3. What are the advantages of the larger lot size?
At over 6,000 sqft, the lot is a standout feature. It offers more yard space than over 75% of homes on the street. This provides greater privacy, landscaping possibilities, and future potential for additions like a garage, shed, or deck.
4. The home was last sold in 2019. Can I find out the exact sale price?
Exact historical sale prices are not published on this site due to industry regulations. You can request the verified transaction history by email, and the information will be provided manually.
5. How does the year built (1956) affect this property?
Built in 1956, this home is newer than the average house on Leighton Avenue (where the average year built is 1946). This can be an advantage, potentially meaning newer wiring, plumbing, or structural components compared to many pre-war homes in the city.