145 Apple Lane

Property Overview: 145 Apple Lane, Heritage Park, Winnipeg

Key Characteristics & Appeal

This one-storey home at 145 Apple Lane is a compact, efficiently designed property in Winnipeg's Heritage Park neighborhood. With 797 square feet of living space and a renovated basement, it offers a practical layout on a manageable 3,038 sqft lot. Built in 1988, it is notably newer than most homes in both Heritage Park and Winnipeg overall, suggesting potentially fewer immediate concerns with aging infrastructure.

The primary appeal lies in its affordability and low-maintenance footprint, underscored by its below-average assessed value compared to local and city-wide benchmarks. It represents a genuine entry point into homeownership. While its size is modest relative to area averages, it ranks solidly among its immediate neighbors on Apple Lane, indicating it fits the scale of the street.

This property would suit first-time buyers, downsizers, or pragmatic investors seeking a straightforward, no-frills home. Its renovated basement adds functional space, and the newer build year is a relative advantage in a city with an older housing stock. A thoughtful perspective for buyers is to weigh the below-average lot size against the benefit of less exterior upkeep, and to recognize that its "below average" city-wide metrics are precisely what create its accessible price point in a challenging market.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 797 sqft, the living area is slightly below the average for the Heritage Park area but is actually quite typical for Apple Lane itself, ranking in the middle of the 14 homes on the street.

2. The assessed value seems low. What does that indicate?
The assessed value is below average for the neighborhood and city. This typically reflects the home’s smaller size and lot dimensions, not necessarily its condition. It often translates to lower property taxes, which is a key part of its affordability.

3. What are the advantages of the 1988 build year?
Built in 1988, this home is significantly newer than the average Winnipeg home (built ~1966) and the average in Heritage Park (built ~1971). This can mean updated building materials, electrical systems, and insulation standards, potentially reducing near-term repair costs.

4. Is the lot size a drawback?
The lot is smaller than most in Heritage Park. This means less yard space for gardening or expansion, but also significantly less maintenance—a trade-off that many buyers seeking a low-maintenance lifestyle may prefer.

5. Where can I find the exact historical sale price?
The provided sold price is a range based on public data. To obtain the exact sale price from the last transaction, you can use the email request form provided on the listing page. The service is manual but prompt, with no marketing spam attached.