Property Overview: 1151 Lansdowne Avenue, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home at 1151 Lansdowne Avenue in the Mynarski neighbourhood presents a compelling mix of established value and relative modernity for its area. Built in 1958, it is notably newer than many homes on its street and in the immediate vicinity, which often translates to fewer concerns about the age of core components. With 1,137 sqft of living space, it offers above-average roominess for Mynarski while providing a manageable footprint. The lot size of 4,300 sqft is consistent with the local streetscape.
The primary appeal lies in its standout assessed value of $379,000. This valuation places it in the elite top 2-3% of homes on Lansdowne Avenue and in the Mynarski area, suggesting a property that is either better appointed, better maintained, or on a more desirable parcel than its direct neighbours. Recent sold price data indicates strong, above-average sale prices in 2022, reinforcing its perceived market value. This creates an interesting dynamic: while the home fits comfortably within city-wide averages for size and value, it stands out as a premium offering on its own block.
This property would suit a value-conscious buyer looking for a well-positioned asset in an established neighbourhood. It’s ideal for someone who appreciates a home that outperforms its immediate peers, potentially offering a more secure investment within the local context. It would also appeal to buyers seeking a home that requires less immediate updating than older area averages might suggest.
Frequently Asked Questions
1. Why is the assessed value so high compared to neighbours on the street?
The assessment places this home in the top 2% on Lansdowne Avenue. This typically reflects factors like superior condition, significant updates, desirable lot features, or a larger living area than comparable homes. It indicates the municipality views this as a premium property on this specific block.
2. How does the 1958 build year compare to nearby homes?
This home is newer than the average on its street (avg. ~1935) and in Mynarski (avg. ~1957). Being built decades later than many neighbours can be an advantage, potentially meaning updated building materials, electrical systems, or a layout that feels more modern.
3. What do the past sold prices tell us?
The home sold in 2022 within two price brackets: $350k-$400k in April and $400k-$450k in September. This shows a strong, increasing market value at that time, consistent with its elite assessment tier for the area. Exact figures require a manual lookup from the provider.
4. Is the living space suitable for a growing family?
At 1,137 sqft, it is above the Mynarski average (1,047 sqft) and provides a comfortable size for a small to medium family. It offers more space than many area homes while remaining a manageable size for maintenance.
5. How can I get verified historical price data for this property?
The site states that due to industry rules, exact MLS sold records are not displayed. To obtain fully verified transaction history and exact sold prices, you must request a manual lookup via email from the website provider, which they will send directly to you.