Property Overview: 145 Woodlawn Avenue, Winnipeg
Key Characteristics & Appeal
This home on Woodlawn Avenue in Minnetonka presents a compelling mix of space and value. Its primary appeal lies in the generous, quarter-acre lot (10,744 sq ft), which is significantly larger than most properties in Winnipeg, ranking in the top 5% city-wide. This offers exceptional outdoor potential for gardening, recreation, or future expansion. The living area (1,487 sq ft) is comfortably above average for the immediate street and provides ample room for a growing household.
Built in 1947, the home is a classic post-war property, meaning buyers should anticipate the character and potential maintenance considerations of a nearly 80-year-old structure. Its assessed value is positioned solidly in the middle range compared to neighbors, suggesting it is priced in line with the local market without significant premium or discount.
This property would best suit a practical buyer who values private outdoor space over a brand-new build. It’s ideal for someone with a vision for landscaping, who appreciates the established feel of a mature neighborhood, and who is prepared for the stewardship of an older home. The large lot also makes it a sensible option for long-term holders who see value in land.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
The lot is approximately 10,744 square feet, which is over 60% larger than the Winnipeg city-wide average lot of about 6,570 square feet. It’s a standout feature of this property.
2. The home was built in 1947. What should I consider?
As an older home, prospective buyers should budget for potential updates to major systems like plumbing, electrical, or the roof. A thorough inspection is essential. However, homes of this era often feature solid construction and desirable room proportions.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value ($39,400) is for municipal tax purposes. The last known sold price was between $350k-$400k in 2021. Market conditions, property condition, and buyer demand will determine the final sale price.
4. How does the living space feel compared to newer homes?
At 1,487 sq ft, the living area is above average for the street. While the layout may differ from modern open-concept designs, it offers substantial room. The true sense of space is enhanced by the very large lot.
5. What is the neighborhood context for this property?
The home sits on a street where it has an above-average lot size and living area. Its age is typical for the street but is older than most homes in the broader Minnetonka area, giving it a more established character.