Property Overview: 154 Woodlawn Avenue, Winnipeg
Key Characteristics & Appeal
This home at 154 Woodlawn Avenue in Minnetonka presents a compelling case based on its above-average metrics. Built in 1973, it offers 1,845 sqft of living space, which ranks in the top 11% for its immediate street and top 20% for the wider area, providing more room than most comparable local homes. A significant feature is the 9,807 sqft lot, which is notably larger than average, placing in the top 7% city-wide. This combination of spacious interiors on a generous, private lot is the core of its appeal.
The property’s assessed value also ranks highly, suggesting a perceived value that outpaces many neighbours. It last sold in the 2020 price range of CA$350k–400k. The appeal here is grounded in space and established value rather than new construction. It would suit buyers looking for a home with room to grow, garden, or entertain outdoors, and who appreciate a home that already stands out in its neighbourhood for lot size and interior square footage. It’s a practical choice for those who prioritize space and established community character over a brand-new build.
Frequently Asked Questions
1. How does the 1973 build year affect this home?
While not new, the year built is newer than many homes on its own street. Buyers should budget for updates common to homes of this era, but it may offer a more modern layout than older neighbourhood properties.
2. The assessed value seems high for the area. What does that mean?
A high assessed value relative to neighbours often reflects the property’s larger lot and living area. It’s an official indicator that the property has key features the market values, but it’s not a direct predictor of future sale price.
3. Is the large lot mostly usable space?
At nearly 10,000 sqft, the lot offers significant potential. Prospective buyers should verify the topography, zoning, and any easements to understand what can be built, planted, or added like a garage or deck.
4. What can the 2020 sale price range tell me?
It provides a historical benchmark, but market conditions have likely changed. It’s most useful for seeing the price trajectory relative to the current assessment and understanding the seller’s possible equity position.
5. How does this home truly compare to others nearby?
The data shows it outperforms most peers in size and value rank. To get the full picture, consider visiting the neighbourhood analysis map to see how it fits visually with surrounding homes in terms of lot use and upkeep.