Property Overview: 55 Lawndale Avenue, Norwood West, Winnipeg
Key Characteristics & Appeal
This home at 55 Lawndale Avenue is a standout property in its established Norwood West neighborhood, primarily due to its significant size and premium valuation. With 1,842 sqft of living space, it ranks in the top 20% on its own street and outperforms both neighborhood and citywide averages. Its most notable feature is its assessed value of $585k, which places it in the elite top 3% on Lawndale Avenue and well above average for the wider area, signaling a property that is both substantial and highly regarded by municipal assessment.
The appeal lies in acquiring a home that offers more space than most in a mature, sought-after location. Built in 1946, it is actually newer than many peers on the street, suggesting potentially updated infrastructure or a later-built character home amidst older stock. While the lot size is typical for the neighborhood, the focus here is squarely on the generous interior footprint. This property would suit buyers looking for a spacious, classic home in a central Winnipeg community, who value established neighborhoods and are comfortable with an investment that carries an above-average assessed value. It’s a strong fit for those prioritizing room over a massive yard, and for whom a higher valuation aligns with their long-term equity and stability goals.
Frequently Asked Questions
1. Why is the assessed value so much higher than the street average?
The assessed value of $585k ranks in the top 3% for Lawndale Avenue, where the average is $434.1k. This significant premium typically reflects a combination of the home's larger-than-average living area, its condition, improvements, and its specific location within the neighborhood.
2. How does the lot size compare to other homes?
The land area of 5,997 sqft is just below the exact street average but is very close to the typical lot in Norwood West. This indicates the property offers a standard-sized yard for the area, with the home's appeal driven more by its interior space.
3. The home sold in 2016. What was the exact price?
The public data shows a sold price range of CA$500k–$550k for December 2016. To obtain the exact sale figure and a verified transaction history, you can request a manual lookup via email from the site, as they do not display MLS records.
4. Is a 1946-built home a concern?
While older than the city average, this home is newer than many on its street (where the average build year is 1934). This can be an advantage, suggesting potentially fewer legacy issues than some neighbors. A thorough inspection is always recommended to understand the specific condition and any updates.
5. What do the rankings for "Year Built" mean?
The rankings compare the property's age against others. Being "Above Average" on the street (ranked #8 out of 90) means it is relatively newer than most homes on Lawndale Avenue. The "Below Average" city-wide ranking simply reflects that Winnipeg has many newer suburban areas, making a 1946 home older in that broader context.