Property Overview: 648 Lindhurst Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Lindhurst Avenue in Munroe East presents a compelling mix of value and potential. Built in 1957, its 1,030 sqft living space is typical for the immediate street and neighborhood, offering a practical layout for everyday living. The standout feature is the generous 6,395 sqft lot, which is significantly larger than most in the wider Munroe East area, providing ample outdoor space for gardening, play, or future expansion.
The primary appeal lies in its strong value proposition within a well-established community. The home’s assessed value ranks in the elite top 3% on its own street and the top 6% in Munroe East, suggesting it is a well-regarded property in its local market. This, combined with the below-average living area compared to the city-wide average, indicates you are paying for the land and location rather than excessive square footage. It last sold between $350k-$400k in 2021.
This property would suit a practical buyer looking for a solid entry point into a mature neighborhood, someone who values a larger yard over a large house, or an investor attracted by the lot size and strong local assessment. It’s a home for those who see potential in the land and the structure’s good bones, rather than a move-in-ready showcase.
Section 2: Frequently Asked Questions
1. What does the "Elite" assessed value ranking mean for this property?
It means that among the 29 comparable homes on Lindhurst Avenue, this property has the highest assessed value. This typically indicates the municipal assessment views it favorably relative to its direct neighbors, often due to factors like lot size, condition, or improvements.
2. Is the living space considered small?
It depends on the comparison. The living area is very close to the average for both Lindhurst Avenue and the broader Munroe East neighborhood. However, it is notably smaller than the Winnipeg city-wide average for homes, which is over 1,300 sqft. This is a classic neighborhood home sized for its area.
3. How does the large lot size impact the property's value and use?
The lot is a key asset. It's over 25% larger than the Munroe East average, offering more privacy, outdoor space, and future potential (like an addition, garage, or garden) than most nearby properties. This is a significant differentiator in an older neighborhood.
4. The home was built in 1957. What should I consider?
While the home is newer than many on its street, it is still nearly 70 years old. Prospective buyers should budget for a thorough inspection to understand the condition of major aging components like the roof, plumbing, electrical, and foundation, which may need updating or maintenance.
5. Why is there only a sold price range from 2021, and how do I get the exact price?
The exact sale price is not publicly available in Manitoba’s historical records. The provided range is an estimate based on available data. You can request the precise figure by emailing the listing service directly, as they manually compile this non-public information.