Property Overview: 684 Lansdowne Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home on Lansdowne Avenue is a practical entry-point into Winnipeg’s Inkster-Faraday neighbourhood. Built in 1947, it offers 1,048 sqft of living space and sits on a standard 4,144 sqft lot with a detached garage. The basement exists but is noted as not renovated, presenting a clear opportunity for future finishing.
Its primary appeal lies in its position as a straightforward, no-frills property. The data shows it consistently ranks as "around average" for its immediate street and area in terms of size, value, and land, meaning it’s a typical home for this specific community. A thoughtful perspective is that, while its city-wide assessed value ranks below average, it is actually above average for the Inkster-Faraday area. This suggests it represents solid value within its local market, rather than being an underperformer. The home would suit first-time buyers, practical investors, or downsizers looking for a modest footprint without major renovation overhead. It’s for someone who sees potential in a baseline property and values a stable, established neighbourhood over newer amenities or luxury finishes.
Section 2: Frequently Asked Questions
1. What is the true market value based on recent sales?
The home sold in June 2021 for an estimated $21.5k - $24.5k. Its current assessed value is $22.2k. For the most accurate sale price history, you can request the exact figures via email from the listing source.
2. How does this home compare to others in the area?
Within Inkster-Faraday, this home is above average in terms of its year built and land area for comparable properties. Its living space and assessed value are typical for the neighbourhood, indicating it aligns well with local expectations.
3. What should I know about the basement?
The listing specifies the basement is "not renovated." Buyers should budget for potential updates and include a thorough inspection to assess its current condition, moisture control, and suitability for future development.
4. Is the lot size a pro or a con?
At just over 4,000 sqft, the lot is larger than many in the Inkster-Faraday area but smaller than the Winnipeg city average. It provides adequate outdoor space for a garden or patio without the high maintenance of a much larger yard.
5. Who might this property not suit?
It may not be ideal for buyers seeking a move-in-ready home with a modern, finished basement, or for those prioritizing a property that stands above average in city-wide rankings for size and value. It’s a home rooted in its local context.