Property Overview: 216 Le Maire Street, Winnipeg
Key Characteristics & Appeal
This 928 sqft home, built in 1974, presents a practical and affordable entry point into Winnipeg’s Parc La Salle neighbourhood. Its primary appeal lies in its value proposition. With an assessed value of $216k, it sits significantly below average prices for its street, area, and the wider city, suggesting a lower property tax burden and an accessible purchase price. The living space is manageable and on par with nearby homes, making it a low-maintenance option.
The home would suit first-time buyers or investors seeking a straightforward, no-frills property with solid fundamentals. Its smaller lot size (1,762 sqft) means less yard work, which could be a plus for those wanting minimal exterior upkeep. A thoughtful perspective is that its older construction date (1974) ranks as newer than many on its specific street, potentially indicating fewer immediate concerns with some aging infrastructure common in older neighbourhoods. However, buyers should be prepared for a home that may require updates.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $216k is for municipal tax purposes and is typically below market value. The last recorded sale was between $100k-$150k in early 2018. A current market evaluation would be needed to determine a realistic listing or offer price.
2. What does the smaller lot size mean for me?
At 1,762 sqft, the lot is compact. This limits expansion possibilities and outdoor space but translates to less maintenance and lower landscaping costs. It’s a trade-off that prioritizes efficiency over spaciousness.
3. The home is below average in size and value for the city. Is that a concern?
Not necessarily. This profile is common for many mature neighbourhoods and reflects the property’s role as an affordable housing option. It performs adequately within its immediate local context, which is often more relevant for daily living than city-wide comparisons.
4. Are exact past sale prices available?
The provided data shows a sold price range. To obtain the exact historical sale figures, you must request a manual lookup via email from the site, as they do not display MLS records.
5. What might be a less obvious consideration with a 1974-built home?
While the build year is relatively newer on its street, a home from the 1970s may have original components—like wiring, plumbing, windows, or insulation—that are functional but not up to modern efficiency standards. A thorough inspection is advised to budget for potential updates.