Property Summary: 104 Leighton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard-sized lot in Kildonan Drive presents a practical, no-frills opportunity. Its key characteristic is its compact 832 sqft living area, which is notably smaller than most comparable homes in the neighbourhood and citywide. However, this is balanced by a recently renovated basement, adding functional space, and a detached garage. The assessed value is modest and sits around the average for its immediate street, suggesting a relatively affordable entry point into the market.
The appeal lies in its efficiency and potential as a starter home or a downsizing option. The smaller footprint translates to lower maintenance and utility costs, a significant long-term consideration. The renovated basement immediately adds usable living space without the need for initial project work. It would best suit budget-conscious first-time buyers, practical downsizers looking to simplify, or investors seeking a manageable rental property. A less obvious perspective is that a home of this size and vintage, in a stable area, often represents a "blank canvas" with fewer costly, trendy renovations to undo, allowing new owners to personalize it sustainably over time.
Section 2: Frequently Asked Questions
1. Is the living space too small?
While the above-ground living area is compact, the renovated basement effectively doubles the usable space. The layout and how the basement is finished will be key factors in the overall sense of space.
2. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. The most recent recorded sale was in 2022. Market conditions, the home's condition, and buyer demand will determine the final sale price, which may differ significantly from the assessed value.
3. What are the implications of a home built in 1948?
Homes of this era are common in Winnipeg. While the core structure is proven, potential buyers should prioritize inspections for the age of major systems like plumbing, electrical, and the roof, which may be due for updates or replacement.
4. How does this property compare to others on the street?
The data shows this home has a smaller living area than most on Leighton Avenue, but its assessed value is typical for the street. This suggests it may offer a more affordable option on a block of otherwise similarly valued homes.
5. What is the benefit of a detached garage?
A detached garage provides secure storage and parking separate from the house. It can also offer flexibility for workshops or hobbies without concerns about fumes or noise in the main living area.