Property Overview: 201 Lindsay Street, North River Heights, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home at 201 Lindsay Street is a well-situated property in the established North River Heights neighbourhood. Built in 1950, it offers 1,440 sqft of living space on a generous 5,595 sqft lot, with a current assessed value of $406,000.
Its primary appeal lies in its balanced positioning within a desirable area. The living space is notably above average for Lindsay Street itself, suggesting a home that stands out for its roominess on its own block. The lot size is also comfortably above the neighbourhood average, offering more outdoor space than many nearby properties. While the assessed value is around the median for the immediate street, it sits below the broader neighbourhood average, which could indicate a relative value opportunity within North River Heights.
This property would suit buyers looking for a character home in a mature, central neighbourhood who prioritize space—both indoors and out—over a modern build. It’s a practical choice for someone who wants a established community feel without paying the premium for a newer home in the area. The data suggests it’s a solid, middle-ground option: not the largest or newest on the market, but offering a compelling combination of lot size and interior space for the price point in this location.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, a home at this address sold in the $400k-$450k range in late 2022. The current assessed value of $406k is around the middle of the pack for Lindsay Street, suggesting its official valuation is consistent with the street's market activity.
2. Is the house older than others in the area?
Yes, but context matters. Built in 1950, it is slightly newer than the average home in the wider North River Heights area. On its own street, its age is quite typical. Buyers should be prepared for the maintenance and potential update needs common to homes of this era.
3. What does the lot size ranking mean for me?
The lot is in the top 23% for size within North River Heights. This means you’re getting more yard space than most properties in the neighbourhood, which is a significant advantage for privacy, gardening, or future expansion.
4. Why is the assessed value lower than the neighbourhood average?
While the assessed value is above the citywide average, it’s below the North River Heights average of ~$479k. This can be due to various factors, including the home’s age, specific condition, or interior finishes compared to larger or renovated homes in the area. It often represents a more accessible entry point into the neighbourhood.
5. How can I get the exact historical sale prices?
The provided sold price data is presented in ranges. To obtain the exact sale figures and a verified transaction history, you must request a manual lookup from the site via email, as this information is not sourced from or displayed on the MLS system.