142 Woodhaven Boulevard – Property Summary
Key Characteristics & Buyer Profile
This property stands out most sharply for its age. Built in 2023, it ranks in the top 1% citywide for newness, and it is both the newest home on Woodhaven Boulevard and in the entire Woodhaven neighbourhood. The lot is also notably large: 12,001 square feet, which places it in the top 12% locally and the top 4% across Winnipeg. The assessed value of $512,000 is well above average for the street, neighbourhood, and city—ranking in the top 13–18% at each level. Living area is 1,296 square feet, which is roughly average for comparable homes on the street and in the neighbourhood, but slightly below the citywide average for similar properties.
The appeal here is not about sheer square footage inside. It is about owning a brand-new home on an oversized lot in a well-established area, where most neighbouring houses were built in the 1940s and 1950s. This combination is relatively rare: a new build with mature lot size, without the compromises of a tear-down or an infill squeezed onto a smaller parcel. The assessed value reflects that scarcity.
This property would suit buyers who prioritize location and land over interior size. It works well for someone who wants a modern, low-maintenance home (given its age) but also values outdoor space, gardening, or room for future additions. It may also appeal to buyers looking for a home that is already at a higher assessed value relative to the area, which could be relevant for long-term equity considerations. It is less suited for buyers who need a large, open-concept main floor plan or who want maximum square footage for the price.
Frequently Asked Questions
1. How does the living area compare to other homes in the area?
The 1,296 sqft living area is right around average for Woodhaven Boulevard and the wider Woodhaven neighbourhood. It sits slightly below the citywide average for comparable properties (1,342 sqft). This is not a standout feature of the home.
2. Is the assessed value of $512,000 accurate for what the market would pay?
Assessed value is a public estimate, not a market price. This property ranks in the top 13% on its street and top 18% citywide, which suggests it is valued well above typical homes of similar age and size. Buyers should still compare with recent sale prices for new builds on large lots in the area.
3. Why is the lot considered a major selling point?
At 12,001 sqft, the lot is roughly double the citywide average for comparable homes (6,570 sqft). It places in the top 4% of Winnipeg for lot size. This offers flexibility for landscaping, outdoor structures, or future expansion—features that are uncommon on a 2023-built home.
4. Are there any downsides to the home being brand new?
New construction generally means fewer immediate maintenance issues and better energy efficiency. However, the yard and landscaping may be minimal or unfinished, depending on the builder. Also, newer homes in older neighbourhoods can sometimes face minor settling or soil adjustment over the first few years.
5. How does this property compare to a typical infill home in Woodhaven?
Many infills in established areas are built on smaller lots (often under 5,000 sqft) and can feel cramped relative to older homes. This property avoids that by sitting on over 12,000 sqft of land. It offers the newness of an infill without the tight lot—though the interior square footage is more modest than some infills that maximize floor area on smaller parcels.