Property Overview: 70 Lonsdale Drive, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Heritage Park offers a practical and comfortable living space. Its 1,360 sqft layout sits on a 6,045 sqft lot, providing a good balance of indoor and outdoor space. A key feature is the renovated basement, adding valuable finished living area. The home includes an attached garage for convenience.
The appeal lies in its solid, move-in-ready condition and its strong standing within the local market. Data shows its assessed value ranks above average for both its immediate street and the wider Heritage Park neighborhood, suggesting it is a well-regarded property in the area. Built in 1968, it is a typical home for the era but benefits from updates like the basement renovation.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout in a stable neighborhood. It’s also a sensible choice for value-conscious buyers who appreciate a home that performs well in comparative assessments, indicating a sound investment relative to its peers. The lot size is notably above average citywide, offering a bit more private outdoor space than many Winnipeg homes.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $41.30k ranks in the top 28% on Lonsdale Drive and the top 21% in Heritage Park, meaning it is assessed higher than most direct neighbors and homes in the neighborhood, indicating strong relative value.
2. Is the basement development a full suite?
The listing specifies a renovated basement, but does not detail if it is a legal suite with a separate entrance. This would be an important point to clarify for potential rental income or multi-generational living.
3. What is the typical lot size in this area?
The lot is 6,045 sqft, which is slightly below the average for Lonsdale Drive but above the average for the city of Winnipeg as a whole, offering a decent-sized yard in an urban context.
4. When was the home last sold, and for how much?
Public records indicate a sale between August 2020, in the range of $39.50k to $42.50k. The exact sale price can be requested directly from the listing source.
5. Are homes in this area newer or older?
Built in 1968, this home is typical for Heritage Park. Its build year is very close to the neighborhood average (1971), so buyers can expect a similar vintage and construction style to most homes in the area.