119 Leighton Avenue

Property Overview: 119 Leighton Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1948, presents a solid and above-average offering within its established Kildonan Drive neighborhood. Its key strength lies in its proportion: a comfortable 1,276 sqft of living space situated on a near-standard 4,989 sqft lot. The home features a renovated basement and a detached garage.

The primary appeal is value and stability. The property's assessed value ranks in the elite top 4% on its own street and above average for the wider area, suggesting it is a well-regarded asset in a consistent locale. While the lot size is smaller than many in the Kildonan Drive area, the home itself offers more living space than most direct neighbors, creating an efficient balance. This is a home for practical buyers—perhaps first-time homeowners, small families, or downsizers—who prioritize move-in readiness (thanks to the renovated basement) and long-term equity over a sprawling yard. It suits someone looking for a character home in a mature neighborhood without the premium price tag of a newer property or a larger lot, offering a sense of established community and predictable value growth.

Section 2: Frequently Asked Questions

1. How does the lot size impact the property?
While the lot is below the area average, it is very close to the standard for Leighton Avenue itself. This means lower maintenance without a significant sacrifice in outdoor space compared to immediate neighbors, but it may offer less privacy or expansion potential than other homes in the broader Kildonan Drive area.

2. What does the "Elite" assessed value ranking mean for taxes and resale?
A high assessed value relative to the street indicates the municipality views this as one of the more valuable properties on the block, which can correlate with higher property taxes. Positively, it also strongly suggests a history of maintained or improved condition that supports its value, which is a good sign for future resale.

3. Is the renovated basement a full legal suite?
The listing notes a "renovated basement" but does not specify it as a legal suite. Buyers should verify the permits and compliance of the renovation to understand if it’s simply finished living space or an income-generating unit.

4. How does the 1948 build year affect the home?
Built in the post-war era, the home likely has solid construction but will also have aging core components. Prospective buyers should pay particular attention to the condition of the roof, plumbing, electrical systems, and insulation, as these may be due for updates or have been modernized over time.

5. Why is the exact sold price from 2022 not publicly listed?
The precise sale price is often held in proprietary databases. The provided range is estimated from public records. You can request the exact figure from the site, as they manually retrieve it from a verified source, ensuring accuracy for serious buyers.