Property Overview: 58 Woodlawn Avenue, Winnipeg
Key Characteristics & Appeal
This home at 58 Woodlawn Avenue in Minnetonka presents a compelling blend of space and established value. Built in 1972, its key strength lies in its generous proportions, offering 1,543 sqft of living area—which is above average for its street, neighbourhood, and the city overall. The lot size is a significant feature at over 9,000 sqft, placing it in the top 8% city-wide for land area, providing ample outdoor space and potential.
The appeal is rooted in its strong positional value. The property’s assessed value ranks consistently above average across all comparison levels, particularly on its own street where it sits in the top 9%. This suggests a well-regarded location within Minnetonka. The home last sold in the 2020-2025 period for an estimated $400k-$450k.
This property would suit a buyer looking for a established home with a large yard in a mature neighbourhood. It’s ideal for those who prioritize indoor and outdoor space over a newer build, and for value-focused buyers who appreciate a home with assessed value metrics that outperform many of its peers.
Frequently Asked Questions
1. How does the 1972 build year affect this home?
While not a historic property, a 1972 build means major components like the roof, windows, and mechanical systems (furnace, electrical) are likely at or beyond their typical lifespan and may require inspection or planned updates, balanced against the character and space of an older home.
2. The assessed value seems low compared to the recent sold price. Why?
Manitoba property assessments are for tax purposes and often lag behind market values. The fact that its assessment is in the top 9% on its street indicates it is valued highly relative to its immediate neighbours, which is a positive sign for its desirability in the local market.
3. What does the large land area (9,088 sqft) practically offer?
Beyond a bigger yard, it provides rare potential for expansions like a large deck, garage, or garden suite (subject to zoning), and offers more privacy and distance from neighbouring homes than is typical in much of the city.
4. The living area is above average, but what does the "Top 33%" neighbourhood ranking imply?
It means that within Minnetonka, the home’s size is solid but not exceptional—there are larger homes. The appeal here is that you get both above-average interior space and a lot size that is significantly above average, a combination that can be hard to find.
5. How can I get the exact sold price history?
The exact sale price is not publicly listed in Manitoba. As noted on the detail page, you can request this information directly via email from the service; they provide the accurate figure manually without using your email for marketing.