Property Overview: 707 Lansdowne Avenue, Winnipeg
Key Characteristics & Appeal
This 980 sqft bungalow, built in 1951, presents a solid, value-oriented opportunity in the Robertson neighborhood. Its primary appeal lies in its strong positioning within its immediate community. The home sits on a larger-than-average lot for the street (5,452 sqft), offering more outdoor space than many neighbors. While the living area is modest by city-wide standards, it is competitive within Robertson. The assessed value of $308k is notably above average for both the street and the neighborhood, suggesting official recognition of the property's standing or potential.
This home would suit a first-time buyer or a downsizer looking for a manageable footprint without sacrificing yard space. It’s a practical choice for someone seeking a foothold in a stable area, where the investment is backed by tangible land value. A thoughtful perspective is that this property may represent a "middle ground"—it’s not the newest or largest home, but its above-average lot size and assessed value for the area indicate a foundation for future value, whether through enjoyment of the space or strategic updates.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold in March 2025 for an estimated $350k-$400k. This sale price range is in the top 10% for the street and top 7% for the neighborhood, indicating strong market demand that exceeded the $308k assessed value.
2. Is the living space small?
At 980 sqft, it is slightly above the neighborhood average but below the Winnipeg average. It is a efficiently sized home, typical of its era, and is larger than many direct comparisons in the area.
3. What does the above-average lot size mean for me?
The 5,452 sqft lot is over 1,000 sqft larger than the street average. This provides more privacy, gardening space, and potential for outdoor living or expansion (subject to zoning regulations) than many nearby properties.
4. How old is the home, and what does that imply?
Built in 1951, it is newer than many homes on its street (average year built 1935). Buyers should budget for maintenance and updates consistent with a home of this age, but it may have more modern underlying systems than older neighbors.
5. Where can I get the exact sale price and history?
The exact sale price is not publicly displayed due to industry data rules. You can request the full transaction history and exact figures via email from the site provider, who will manually look up and provide the information.