Property Overview: 15 Southborough Key, Winnipeg
Key Characteristics & Appeal
This 1,723 sqft home, built in 1984, presents a compelling mix of space, value, and potential. Its standout feature is the generous 8,440 sqft lot, which places it in the top 20% on its street and top 10% city-wide for land area. This offers significant room for gardening, recreation, or future expansion. The living space is comfortably above the Winnipeg average, providing ample room for a growing family.
The appeal lies in its position as a value-conscious opportunity within the Richmond West neighborhood. While the home’s assessed value ($441k) is below the area average, it sits well above the city-wide benchmark, suggesting you get more house and significantly more land for your investment compared to most of Winnipeg. It suits practical buyers who prioritize lot size over a newer build, and who see the value in a well-located property from the 1980s that has solid fundamentals and clear potential for updates or personalization.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
No direct sales history is published for this listing. To obtain verified, exact sold prices for this and comparable properties, you can request a manual lookup via email from the listing service.
2. Is the below-average neighborhood assessment a concern?
Not necessarily. It primarily indicates that many homes in Richmond West are newer or have higher valuations. With an assessed value above the city average, this property could represent a more affordable entry point into the area while still offering above-average space.
3. What does the 1984 build year mean for maintenance?
As a home from the mid-80s, buyers should budget for potential updates to major systems like roofing, windows, or the furnace, which may be nearing the end of their typical lifespan. A thorough inspection is advised.
4. The lot is large, but how is it shaped and positioned?
The data confirms the lot size is a major asset. For specifics on lot shape, orientation, and topography, reviewing the neighborhood analysis map or a site visit is essential to understand its full potential.
5. Why is the living area "around average" for the street but "above average" city-wide?
This highlights the character of the neighborhood. Southborough Key and Richmond West generally feature larger homes than the Winnipeg norm. So, while this home fits right in on its street, it offers more space than the typical city property.