Property Overview: 79 Lynn Lake Drive
Key Characteristics & Appeal
This home at 79 Lynn Lake Drive is a well-established property in the Meadows neighbourhood, built in 1984. With 1,040 square feet of living space on a 4,998 sqft lot, its size is comfortably average for its immediate street and area, offering a manageable footprint for maintenance. The appeal here lies in its consistency and stability within its community. The data shows it is not an outlier in any category—whether in size, lot, or assessed value—which can signal a predictable, settled streetscape with fewer surprises. This is a home that fits seamlessly into its surroundings.
It would suit a first-time buyer or downsizer looking for a straightforward, no-fuss entry into a mature Winnipeg neighbourhood. The value proposition is one of practicality rather than premium features, ideal for someone whose priority is a sensible layout in a community with established character. A thoughtful perspective is that its "middle-of-the-pack" rankings across the board suggest lower relative volatility; it's less likely to be over-improved or under-improved compared to neighbours, which can be an advantage for long-term value retention.
Frequently Asked Questions
1. How does this home compare to others on the street?
The home is very typical for Lynn Lake Drive. Its living area, assessed value, and year built all rank near the middle compared to its 100 closest neighbours, meaning it closely aligns with the street's general character and scale.
2. What does the assessed value indicate?
The assessed value of $35,900 is around the average for the Meadows area. It's important to note this is a municipal assessment for tax purposes, not a market valuation. The significant difference from the city-wide average assessed value suggests property characteristics and values in this area differ from newer or more central city neighbourhoods.
3. Is the lot size a pro or a con?
At just under 5,000 sqft, the lot is slightly smaller than the street average but very close to the neighbourhood average. It provides adequate outdoor space without the burden of extensive upkeep, which could be seen as an efficient use of space for those not seeking extensive gardening or yard work.
4. The home is 42 years old. What should I consider?
Built in 1984, the home is newer than the Winnipeg city-wide average. While this suggests potentially newer building materials and systems than many older city homes, a professional inspection is always recommended to understand the condition of major components like the roof, windows, and mechanical systems, which may be nearing or past their typical lifespans.
5. Why is the exact sale price history not shown publicly?
Exact sale prices are not part of the public record in Manitoba. The provided data is based on public range estimates. You can request the accurate, researched sale history manually via the email service offered, which compiles this information from non-public sources.