Property Overview: 1037 Lee Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fairfield Park is defined by its generous, modern living space within a well-established neighbourhood. Built in 2011, it is notably newer than most homes in the area and citywide. Its primary appeal lies in its 2,400 sqft of living area, which places it comfortably within the top tier of homes locally, offering ample room for family life. The property features an attached garage and a renovated basement, adding functional space. While the lot size is more compact compared to some immediate neighbours, this often translates to lower maintenance, focusing the value on the home itself rather than the land.
This home would suit buyers looking for a move-in ready, spacious property without the upkeep of an older house. It’s ideal for growing or established families who prioritize interior space and modern construction within a mature community. The above-average assessed value reflects its substantial size and contemporary build, appealing to those seeking a long-term home with a strong footprint in the neighbourhood.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than some on the street, it is close to the citywide average. This typically means less yard maintenance, potentially a benefit for those seeking more living space over outdoor space. The property’s value is clearly driven by the home's size and condition.
2. Is the assessed value a reliable indicator of the sale price?
The assessed value is for municipal tax purposes. Notably, a very similar home nearby at 90 Shore Street (with a lower assessment) sold for $560k in 2021. Market conditions, specific updates, and buyer demand will ultimately determine the sale price.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A viewing or inquiry with the listing agent is necessary to understand the finish quality, layout, and whether it includes legal secondary suite potential.
4. How does this home compare to others in Fairfield Park?
It ranks highly for living area (top 10% in the area) and is elite for its newer year built (top 5%). This suggests it offers more modern and spacious accommodations than most available options in the neighbourhood.
5. What is the neighbourhood like?
Fairfield Park is an established area. The proximity of homes on Lee Boulevard suggests a traditional suburban street feel. The age of nearby properties varies, with several from the same era, indicating this part of the street may have seen newer infill development.