Property Overview: 101 Leighton Avenue
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1946, presents a classic Winnipeg character with practical updates. Its key feature is a generously sized 6,720 sqft lot, which is notably larger than most in the immediate area and ranks in the top 4% on its street. The home itself offers 1,136 sqft of living space, which is typical for the neighbourhood, and includes a renovated basement and a detached garage.
The primary appeal lies in its land value and location within the Kildonan Drive area. The expansive lot offers significant potential for gardening, outdoor living, or future expansion, setting it apart from neighbouring properties. The renovated basement adds modern, functional living space. While the home’s age and living area are average for the city, its assessed value is positioned below the area average, suggesting it may represent a value-conscious entry point into the neighbourhood.
This property would best suit a buyer looking for a solid, no-frills home with an excellent yard in an established area. It’s ideal for someone who values outdoor space over a large interior footprint and is comfortable with a home of this era. It could appeal to first-time buyers, downsizers seeking a manageable property with room for hobbies, or an investor looking for a land-value play with a rentable dwelling.
Frequently Asked Questions
1. What does the assessed value tell us about the property?
The assessed value of $33,100 is below the average for the broader Kildonan Drive area. This often reflects the home’s older age and modest size, but it can also indicate a more affordable tax base compared to nearby homes.
2. How significant is the lot size?
Very. At 6,720 sqft, the lot is substantially larger than the street average (~5,162 sqft). This is a standout feature that offers more privacy, green space, and potential than is typical for the block, which is a key point of value.
3. What should I consider about a home built in 1946?
While the basement has been renovated, the main structure is 80 years old. Prospective buyers should budget for potential updates to major aging components like the roof, windows, or plumbing, and consider an inspection to assess the condition of original features.
4. How does the living space compare?
At 1,136 sqft, the living area is perfectly average for the street, neighbourhood, and city. This indicates the home provides standard accommodation for the market, without being particularly spacious or cramped relative to its peers.
5. What can the 2020 sale price range tell me?
The prior sale in August 2020 for between $28.5k and $31.5k provides a historical benchmark. The current assessed value is slightly above that range, which may reflect market changes or the impact of the basement renovation. For the exact sale price, you can request details via the provided email service.