1030 Lansdowne Avenue

Property Overview: 1030 Lansdowne Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a compelling value proposition within Winnipeg’s Robertson neighborhood. Its primary appeal lies in offering above-average space and land for the area at an assessed value that is highly competitive locally. With 1,196 sqft of living space on a 5,754 sqft lot, it provides more room than most homes in Robertson, where lots and homes are typically more compact. Built in 1955, it is also a newer construction compared to many neighboring properties.

The data reveals a standout feature: its assessed value of $345k ranks in the top 3% for the Robertson neighborhood, significantly above the area average. This suggests the property is viewed as a premium asset within its immediate community, yet it remains below the Winnipeg citywide average for assessed value. This creates a unique position of being a high-value property in its local context while still being accessible relative to the broader market.

This home would suit practical buyers looking for established neighborhoods with room to breathe. It’s ideal for someone who values a larger lot for gardening, children, or future expansion potential, without venturing into suburban sprawl. It also suits value-conscious buyers who recognize the advantage of owning a property that stands out positively in its immediate surroundings, which can be a stabilizing factor for long-term value.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to the likely selling price?
The assessed value of $345k is for municipal tax purposes and is a historical snapshot. The last recorded sale was between $350k-$400k in late 2020. The actual market price will be determined by current conditions, but the assessment indicates the property is considered well above average for its neighborhood.

2. Is the living space size typical for the area?
At 1,196 sqft, the living area is above the Robertson neighborhood average (977 sqft) and slightly above the average for Lansdowne Avenue itself. You are getting more interior space than most homes in the immediate area.

3. What does the "Elite" neighborhood ranking for value mean?
Ranking in the top 3% for assessed value in Robertson means that, according to municipal assessment, this property is among the most valuable in the neighborhood. This often reflects a combination of its larger lot, newer build year (compared to area averages), and overall property characteristics.

4. How does the lot size benefit a buyer?
The lot of 5,754 sqft is approximately 33% larger than the street average. This offers more private outdoor space, greater potential for additions like a garage or deck, and typically more distance from neighboring homes than is common in this part of the city.

5. The home was built in 1955. What should I consider?
While newer than many homes on its street (average year built 1935), a 1955 home will likely have had several updates over the decades. Key systems like roofing, plumbing, electrical, and windows should be checked for their age and condition. The positive angle is that it may have more modern foundations and layout than earlier builds in the area.