Property Overview: 7 Foxwarren Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 7 Foxwarren Drive in Mandalay West is a practical, mid-sized property built in 1993. With 1,264 sqft of living space and a 5,171 sqft lot, it sits comfortably within the average range for Winnipeg overall, though it is among the more modest properties on its own street. Its appeal lies in its straightforward, manageable scale and its position in a well-established neighbourhood. The 2022 sale price (estimated between $350k-$400k) and current assessed value suggest it represents a more accessible entry point into the Mandalay West area.
This property would suit first-time buyers or downsizers seeking a lower-maintenance home without leaving a mature community. It’s also a sensible fit for value-focused buyers who prioritize location and a functional layout over having the largest home on the block. A thoughtful perspective is that this home offers the benefits of a stable neighbourhood—like mature landscaping and established infrastructure—without the premium often attached to the street's larger, newer homes, presenting a potential opportunity for those comfortable with a property that is "average" in the best sense: proven, stable, and without extremes.
Section 2: Frequently Asked Questions
1. How does this home compare to others on Foxwarren Drive?
It is notably more modest than its immediate neighbours. Data shows it ranks in the bottom 15% on the street for living area, lot size, and assessed value, meaning it is one of the smaller and lower-valued properties on this particular block.
2. Is the assessed value of $42.70k the market value?
No. The assessed value is for municipal tax purposes only. The market value is significantly higher, as indicated by its 2022 sale price range of $350k-$400k.
3. What does the "average" ranking for the wider area mean?
While the home is below average for its street, it is very close to the city-wide average for living space and is on a slightly smaller-than-average city lot. This indicates it's a standard, typical Winnipeg home in terms of size, just situated on a street with many larger properties.
4. How can I find out the exact past sale price?
The listing service provides an estimated range. You can request the exact historical sale prices by submitting your email to them; they manually provide the figures without using your email for marketing.
5. The home was built in 1993. What should I consider?
A 1993 build is newer than the median Winnipeg home. Buyers should still expect to plan for updates consistent with a 30-year-old property, such as roofing, windows, or major appliances, but potentially with more modern building materials and layouts than much older stock.