1132 Lansdowne Avenue

Property Overview: 1132 Lansdowne Avenue, Winnipeg

Key Characteristics & Appeal

This 1,040 sqft bungalow, built in 1958, sits on a generous 4,994 sqft lot in the Mynarski neighbourhood. Its primary appeal lies in its strong value proposition within its immediate area. The home's assessed value of $336k ranks well above average for both Lansdowne Avenue and the broader Mynarski area, suggesting it is a substantial property relative to its local peers. However, its living space is modest and closer to the local average, indicating the value is likely derived from other factors like lot size, condition, or specific features.

The property would suit a practical buyer looking for a solid footprint in a mature neighbourhood. It’s ideal for a first-time homeowner who values space to grow outdoors over expansive interior square footage, or an investor seeking a property with a strong assessed value foundation in a community with historically more accessible price points. A thoughtful perspective is that while it may feel average in size city-wide, its standout valuation on its own street could signal a well-maintained home or a lot with potential in a transitioning area.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home last sold between $250k-$300k in early 2020. Its current assessed value of $336k is higher, which may reflect market changes, improvements, or the city's assessment methodology. Requesting the exact sold price history is recommended for precise comparison.

2. Is the living space smaller than similar homes?
At 1,040 sqft, the living area is slightly below the average for Lansdowne Avenue (~1,124 sqft) but very close to the Mynarski area average (~1,047 sqft). It offers a compact, efficient layout typical of its era.

3. What does the "above average" year built ranking mean?
A 1958 build date is "newer" than many homes on its street and in Mynarski, where average build years are 1935 and 1957, respectively. This suggests potentially fewer age-related issues than some neighbouring properties.

4. How does this property fit into the wider Winnipeg market?
City-wide, this home is around average for assessed value and lot size but has less living area than the Winnipeg average (~1,342 sqft). It represents a more affordable, land-focused option compared to the city's typical offering.

5. Where can I see how this property compares to its direct neighbours?
A neighbourhood analysis map is available to visually compare this home's year built, living area, assessed value, and lot size against nearby houses, providing immediate context.