Property Overview & Key Characteristics
This two-storey home at 252 Lindsay Street in North River Heights is a modern, low-maintenance property built in 2020. Its primary appeal lies in its combination of new construction benefits within a well-established, desirable neighbourhood. Key features include a renovated basement, a detached garage, and a living area of 1,689 sqft on a 3,002 sqft lot.
The home’s standout characteristic is its exceptional ranking against comparable properties. It sits in the top tier for its year built, assessed value, and lot size within its street, neighbourhood, and city-wide comparisons. This suggests a property that is both newer and more valuable than most in its immediate area. The appeal is for buyers seeking a move-in-ready home without the concerns or update costs of an older character property, but who still want the mature streetscape and community feel of North River Heights. It would suit a professional, a young family, or a downsizer looking for modern convenience without leaving a prime neighbourhood. A thoughtful perspective is that this home offers a "best of both worlds" scenario: the low upkeep and efficiency of a new build, set within the deep-rooted stability and greenery of a classic Winnipeg community.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in December 2020 for $68,800. Its current assessed value is $66,700, indicating stable value alignment in the years since its construction.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified through a viewing or direct inquiry with the listing agent.
3. The home is newer than most on the street. Is this an advantage?
Typically, yes. It means major components like the roof, windows, HVAC, and plumbing are only six years old, minimizing near-term repair costs and likely offering better energy efficiency than neighbouring older homes.
4. How does this property compare to others nearby?
The provided comparisons show that 252 Lindsay Street has a significantly higher assessed value than several nearby homes on Lindsay, Campbell, and Borebank Streets, which are older and often smaller. This underscores its premium as a modern property in the area.
5. What is the significance of the high percentile rankings?
Rankings in the top 6-11% for lot size and top 2-11% for year built and value mean this property outperforms the vast majority of its peers. For a buyer, this signals a scarce commodity: a new, valuable home on a larger-than-average lot for the location.