209 Langside Street – Property Summary
Key Characteristics & Buyer Profile
This is a compact, late-1970s home in Winnipeg’s West Broadway neighbourhood. At 1,070 square feet of living area, it’s smaller than most homes on its street and in the surrounding area—roughly 30% smaller than the street average and nearly half the neighborhood average. The assessed value of $185,000 reflects that relative modesty: it's below average locally and sits well below the citywide median for comparable homes.
Where this property stands out is its age. Built in 1978, it’s newer than nearly all nearby homes. On Langside Street, it ranks in the top 12% for newer construction, and within West Broadway it falls in the top 5%. That means fewer deferred-maintenance concerns than the older housing stock that dominates the area. The land, however, is a trade-off: the lot is 1,632 square feet, which ranks near the bottom citywide and last in its neighbourhood. There is very little outdoor space.
The appeal is in the balance of newness and entry-level price. A buyer gets a structurally modern home in an older, character-rich neighbourhood, without the premium attached to larger lots or renovated period homes. It suits first-time buyers who prioritize lower upkeep and a manageable footprint over yard space, or investors looking for a straightforward rental property in an area with below-average entry costs. Buyers should be comfortable with a very small lot and a home that, while relatively new, may still need cosmetic updates—the value is not in turnkey luxury.
Frequently Asked Questions
1. How does the property’s age affect maintenance expectations?
At 45 years old, the home is newer than 95% of properties in West Broadway, many of which date to the 1910s. This typically means more modern electrical, plumbing, and foundation work—but it’s not new construction. The major systems (roof, furnace, windows) will need inspection; age alone doesn’t guarantee they’ve been updated.
2. Why is the assessed value so much lower than the citywide average?
The $185,000 assessment reflects the small living area and very small lot. Citywide, comparable homes average 1,342 square feet, but this property sits below that, with land area that’s among the smallest in Winnipeg. Value here is driven by the structure, not the land.
3. What’s the neighbourhood like in terms of resale potential?
West Broadway has an older housing stock and a mix of rental and owner-occupied properties. Homes in the top tier for newer construction can hold value well because they offer something rare in the area: lower immediate repair risk. However, the small lot and modest size limit upside compared to homes with more land or square footage.
4. Is the “below average” ranking for living area a concern?
It depends on your needs. The home is small by local standards, but the 1,070 square feet is functional for a couple or small family. The main limitation is expansion—there’s very little land to build an addition. What you see is essentially what you get.
5. How does this home compare to a typical starter home elsewhere in Winnipeg?
Citywide, this home is around average in living area and below average in assessed value. It’s cheaper than many entry-level options, but the trade-off is lot size. Most starter homes in Winnipeg offer more outdoor space. For someone who doesn’t need a yard, this is a strong value; for someone who does, it will feel cramped.