Property Summary: 1286 Lee Boulevard, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home in Fairfield Park is defined by its generous scale and premium positioning within the market. Its primary appeal lies in offering substantial space—both indoors and out—within a modern, 2007-built framework. With over 2,800 square feet of living area, the home ranks in the top tier (top 9% on its street, top 3% in the neighborhood, and top 1% city-wide) for size, providing ample room for family living, entertaining, or dedicated work-from-home spaces. This is complemented by a large, 11,268 sqft lot, which is notably spacious for the area (top 4% in Fairfield Park), offering significant outdoor potential. A renovated basement and an attached garage add to the functional appeal.
The home suits buyers who prioritize space and modern construction without sacrificing a sizable yard, a combination that can be rare in established neighborhoods. It’s an ideal fit for growing families or those who value room to expand. A less obvious perspective is its appeal to value-conscious buyers looking for a "forever home" in a stable area; its above-average rankings across multiple metrics suggest it may hold its value well relative to smaller or older properties. The 2021 sale price indicates a history of strong market valuation.
Frequently Asked Questions
1. How does the home’s assessed value compare to its last sale price?
The property was last sold in December 2021 for $775,000. Its current assessed value is $866,000. This difference reflects market changes and assessments for tax purposes, not a guaranteed sale price.
2. What does the "Elite" or "Top X%" ranking mean for the living area?
These rankings compare the home directly to others. For example, being in the top 1% city-wide for living area means it is larger than over 99% of homes in Winnipeg, highlighting its exceptional interior space.
3. Is the lot size typical for Fairfield Park?
No, it is well above typical. The lot is in the top 4% of the neighborhood, meaning it is significantly larger than most properties in Fairfield Park, which average closer to 6,105 sqft.
4. What is the significance of the home being built in 2007?
Built 19 years ago, it is newer than most homes in Winnipeg (top 13% city-wide) and above average for its neighborhood. This suggests potentially fewer major maintenance issues in the near term compared to much older homes.
5. Who would this property not suit as well?
It may not suit buyers seeking a historic character home, as its construction is modern. The scale of the home and lot also implies corresponding utility and maintenance costs, which could be a consideration for those desiring a lower-maintenance lifestyle.