Property Overview: 71 Lonsdale Drive, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Heritage Park presents a practical and comfortable living proposition. Its key features include a renovated basement, an attached garage, and a private pool—amenities that offer immediate move-in comfort and summer enjoyment. With 1,220 sqft of living space, the house is modestly sized but efficiently laid out for everyday living.
The property’s standout attribute is its land. At nearly 7,830 sqft, the lot is significantly larger than most in the neighbourhood, city, and even on its own street. This offers valuable outdoor space for gardening, recreation, or future expansion, a rarity in mature areas. While the home itself is older (built in 1964) and smaller than some direct comparables, its recent sale history suggests strong market interest and value retention.
This home would suit buyers looking for a solid, single-level dwelling in an established community without the burden of a major renovation, thanks to the updated basement. It’s ideal for those who prioritize private outdoor space and amenities like a pool and garage over a larger interior footprint. It represents a balanced option for first-time buyers, downsizers, or investors seeking a property with a generous lot in a stable area.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
Based on its assessed value, this home ranks above average for the Heritage Park neighbourhood, indicating it is viewed favorably relative to local properties. Its recent sold price also performed well against area averages.
2. Is the lot size a significant advantage?
Yes. The land area is a clear strength, ranking in the top 15% in Heritage Park and the top 12% city-wide. This larger-than-average lot provides more privacy and potential than is typical for homes in this price range.
3. The home is noted as smaller than some neighbours. Is that a concern?
The living area is around the city-wide average but slightly below the average for Lonsdale Drive itself. This means the interior is functional and typical for Winnipeg, but buyers seeking above-average square footage on this street might find it compact. The renovated basement and generous lot help offset this.
4. What does the sale history tell us?
The home sold in May 2023 at a price that ranked well above area averages, demonstrating strong demand. A previous sale in 2016 was closer to the average. This recent performance suggests the property’s specific combination of features (pool, renovated basement, large lot) holds particular appeal in the current market.
5. Who should consider requesting the exact sold price history?
Serious buyers or market analysts should request this detail. Knowing the precise sold prices (rather than the published range) from 2016 and 2023 allows for an accurate calculation of price appreciation and a clearer understanding of the home’s financial trajectory, which is crucial for making a competitive offer.