Property Overview
23 Willowood Road is a well-sized, established home in Winnipeg's Leila-Mcphillips Triangle neighbourhood. Built in 1989, it sits on a generous 7,279 sqft lot and offers 2,261 sqft of living space. The home's assessed value is $53.30k, and it last sold between $500k-$550k in 2023.
Key Characteristics & Appeal
This home stands out for its above-average scale and value within its immediate area and the wider city. Its living space ranks in the top 17% on its street and the top 6% in its neighbourhood, offering more room than most comparable homes. The lot size is also notably larger than the city average. While it's an older build, its construction date is newer than many Winnipeg homes. The appeal lies in securing a spacious property with a established neighbourhood feel, without the premium often attached to brand-new builds. It would particularly suit buyers looking for a family-sized home with room to grow or renovate, and who value quantifiable space and lot size over a modern build year. A thoughtful perspective is that its strong rankings for space and value, paired with an average build year, suggest it's a practical "blank canvas" property where investment can be directed to interior updates rather than compensating for a small footprint.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
Its living area of 2,261 sqft is significantly above average, placing it in the top 6% of homes in the Leila-Mcphillips Triangle neighbourhood.
2. What is the difference between the assessed value and the recent sale price?
The assessed value is $53.30k for taxation purposes. The home sold for between $500,000 and $550,000 in 2023, which is the market price a buyer paid.
3. Is the lot size a feature here?
Yes. At 7,279 sqft, the lot is larger than approximately 85% of residential lots across Winnipeg, offering ample outdoor space.
4. The home was built in 1989. What should I consider?
While newer than the typical Winnipeg home, a 1989 build means essential systems (roof, HVAC, windows) may be nearing or due for updates. This is a key factor for inspection and budgeting.
5. How can I find out the exact price it sold for in 2023?
The provider offers a manual service to share the exact sold price. You can submit your email request on the page, and they aim to reply by the end of the same day, without using your information for unsolicited marketing.