Property Overview: 122 Khalsa Street, Mandalay West, Winnipeg
Key Characteristics & Appeal
This 1,495 sqft home, built in 2008, presents a compelling blend of modern convenience and established neighbourhood living. Its primary appeal lies in its relative newness compared to the broader market; it ranks in the top 3% for year built within Mandalay West, indicating it is one of the area's newest properties. This suggests updated building standards, materials, and potentially lower immediate maintenance needs than older stock.
The assessed value of $490,000 sits above average for both the wider city and the Mandalay West area, but is around average for Khalsa Street itself. This positioning indicates you are purchasing in a well-regarded pocket where property values are consistently strong. The living space is practical and aligns with city-wide averages, suitable for a small family or those seeking comfortable space without excessive upkeep.
A thoughtful perspective: while the lot size is the smallest on Khalsa Street, this could appeal to buyers seeking a manageable yard with less landscaping responsibility, while still benefiting from the prestige and stability of the street. The property suits buyers looking for a move-in-ready home from the 2000s era, who value a modern structure within a mature neighbourhood, and who prioritize a strong value position in the broader community over having the largest lot on the block.
Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The home’s assessed value is above average for both Mandalay West and Winnipeg overall, but ranks around the middle (70th percentile) on its own street. This suggests Khalsa Street is a desirable enclave with higher-than-average values, and this property is priced in line with that local market.
2. Is the house relatively new?
Yes. Built in 2008, it is significantly newer than the average Winnipeg home. Within the Mandalay West area, it ranks in the elite top 3% by year built, making it one of the neighbourhood's newest properties.
3. What should I know about the lot size?
The lot is 5,022 sqft, which is below average for Khalsa Street and the Mandalay West area. This means a more manageable yard but less private space than some direct neighbours. City-wide, however, the lot size is around average.
4. Is there recent sales history available for this home?
The public listing does not show sales history. Exact sale figures can be requested manually from the data provider via the "Request exact figures by email" link on the detail page.
5. How does the living space compare to other homes?
At 1,495 sqft, the living area is slightly above the city-wide average. It is very close to the average for the Mandalay West area, but somewhat smaller than the average home specifically on Khalsa Street.