103-134 Langside Street – Property Summary
Key Characteristics & Buyer Profile
This is a 550 sqft unit built in 1984, located on Langside Street in Winnipeg’s West Broadway neighbourhood. Its assessed value is $101,000.
The property’s main appeal is its construction year. Within the street, it ranks first out of nine similar homes, meaning it’s the newest on the block. That said, it’s older than the neighbourhood average (built mostly around 1996), so buyers should expect an older building overall, but one that likely stands out locally.
Where the trade-off shows is in size and value. At 550 sqft, the unit is small—well below the citywide average of 1,042 sqft for comparable homes, and also on the smaller side for its own street (average 680 sqft) and neighbourhood (653 sqft). The assessed value reflects that, landing at $101,000—significantly below both the neighbourhood average ($174,700) and citywide average ($256,100). In both living area and value, it ranks in the bottom 2% citywide.
This property would suit a buyer focused on affordability and willing to prioritize a newer build (relatively speaking) within an older area. It’s less suited to someone seeking space or strong resale value, as both metrics sit well below local and city norms. It may also appeal to investors looking for lower entry cost in a neighbourhood with older housing stock, where this unit’s age is an outlier.
Frequently Asked Questions
1. How does the size compare to similar units in the building or street?
On the street, the average living area for comparable homes is 680 sqft, so this unit is about 19% smaller. That places it seventh out of nine on the street. It’s also about 16% smaller than the West Broadway neighbourhood average of 653 sqft.
2. Is the assessed value in line with what similar units sell for?
The assessed value is $101,000, which is below both the street average ($111,400) and well below the neighbourhood average ($174,700). Assessed value isn’t the same as market price, but the gap suggests the unit is priced on the lower end relative to its immediate peers.
3. Why is the year built listed as 1984 when the neighbourhood average is newer?
The building was completed in 1984, making it the oldest on its street but slightly younger than the citywide average of 1990. Many homes in West Broadway were built or renovated later (average 1996), so this unit is older than much of the surrounding area. The street ranking is unusual because other comparable homes on Langside Street are also from 1984, so it ranks first by default.
4. Does the small size affect livability for everyday use?
550 sqft is typical for a compact one-bedroom or studio. It’s functional for a single person or couple who doesn’t need extra storage or separate rooms. The layout and natural light aren’t covered in this data, so it’s worth viewing in person to see how the space works.
5. How does this property compare to others listed for sale nearby?
For a direct comparison, the neighbourhood analysis page provides a map view with side-by-side data on year built, square footage, assessed value, and lot size. Given the unit’s low citywide rank for both size and value, it will likely be one of the more affordable options in the area, but also one of the smallest.