Property Overview: 725 Lansdowne Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home stands out as a property of significant scale and space within its established neighborhood. Its primary appeal lies in its generous proportions: at over 3,100 square feet of living area on an 8,100+ square foot lot, it ranks in the top 1% for size both on its street and in the broader Robertson area. Built in 1953, it is a newer construction compared to many neighboring homes, offering modernized infrastructure within a classic setting. The assessed value is notably high for the immediate locale but aligns more closely with the Winnipeg citywide average, suggesting you are acquiring substantial physical assets—land and living space—that are rare for the area.
This property would ideally suit buyers who prioritize interior space and a large yard over a newer suburban build. It’s a compelling option for multi-generational families, those who work from home and need dedicated offices, or anyone seeking a home where the square footage itself is a long-term asset. The data indicates it offers an "estate-sized" footprint within a mature community, appealing to those looking to put down roots without compromising on room to grow.
Section 2: Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold for between $500,000 and $550,000 in June 2024. This is above its $435,000 assessed value, which is common in active markets and reflects the premium buyers placed on its exceptional size and lot.
2. Is the house unusually large for the neighborhood?
Yes, significantly. The living area is nearly triple the street average and the lot is nearly double the average size. It is objectively one of the largest properties in the Robertson area.
3. What does the "Top 31% citywide" ranking for assessed value mean?
While the value is elite locally, citywide it falls just above the middle. This indicates that for a similar price across Winnipeg, you might find comparable value, but you would be unlikely to find this combination of immense lot and living space. It highlights the unique, hyper-local value proposition.
4. Are property taxes based on the assessed value or the sold price?
Taxes are based on the municipally assessed value ($435k), not the sold price. However, a sale at a higher price can influence future assessment cycles.
5. How can I get the exact sold price?
The exact sale figure is not publicly displayed due to industry data rules. You can request it by email from the site provider, who will manually look up and provide the verified transaction history.