Property Overview: 10 Leatherwood Crescent, Winnipeg
Key Characteristics & Appeal
This well-situated home at 10 Leatherwood Crescent in River East presents a solid, middle-ground opportunity in the Winnipeg market. Built in 1986, its age is a standout feature, ranking among the newest 1% on its street and the newest 5% in the broader neighborhood, suggesting a potentially more modern build quality and systems compared to many area homes.
With 1,149 sqft of living space and a 5,487 sqft lot, the property sits comfortably around average for its immediate street in both categories. Its assessed value of $411k is notably above the street average, indicating strong perceived value relative to its closest peers. The appeal here lies in its balance and relative modernity. It suits practical buyers looking for a move-in-ready home in an established neighborhood without the common concerns of an older property. It’s particularly well-matched for those who prioritize a newer construction date within a mature community, offering a blend of contemporary infrastructure and settled surroundings. A thoughtful perspective is that while the lot size is smaller than the neighborhood average, this can translate to lower maintenance, appealing to those seeking a manageable yard without sacrificing indoor living space.
Frequently Asked Questions
1. How does this home’s value compare to recent sales in the area?
The home last sold between $300k-$350k in mid-2016. Its current assessed value of $411k is above the averages for its street, neighborhood, and city, suggesting appreciation and a valuation that sits in a competitive tier for similar properties.
2. Is the living space smaller than average?
At 1,149 sqft, the living area is slightly below the averages for the street (1,226 sqft), neighborhood (1,399 sqft), and city (1,342 sqft). It ranks in the top 55-65% city-wide, indicating it is a compact but efficiently sized home, common for its era.
3. What are the advantages of the 1986 build year?
A 1986 build is significantly newer than many homes in River East. This often means updated electrical wiring, plumbing, insulation standards, and potentially fewer major system replacements (like roof or furnace) compared to homes built in the 1960s or 70s.
4. How does the lot size impact the property?
The lot of 5,487 sqft is larger than the average on its own street but below the broader neighborhood average. This typically means a reasonably private outdoor space that is manageable to maintain, without the extensive yard work of larger lots.
5. Where can I get verified historical sale price data for this property?
The site provides estimated sold price ranges. For fully verified transaction history and exact sale figures, which are not displayed due to industry data rules, you must request a manual lookup via email from the site’s team.