Property Overview: 1154 Balgona Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of space, modernity, and value within Winnipeg. Built in 2010, it is a notably newer construction compared to most homes on its street and across the city, suggesting updated building standards and potentially lower immediate maintenance. With 1,550 sqft of living area, it offers more space than the typical Winnipeg home, providing ample room for a growing family or those who value extra square footage.
The property’s standout feature is its generous 12,125 sqft lot, which ranks in the top 3% city-wide. This offers exceptional outdoor space for gardens, recreation, or future expansion—a rarity in many urban areas. However, it’s worth noting that on Balgona Road itself, this lot size is actually below average, indicating the street may have unusually large properties, placing this home in a more modest position among its immediate neighbors.
Its assessed value of $428k sits below the averages for both the street and the broader Rosser-Old Kildonan neighborhood, potentially offering more house for the money in that locale, while aligning closely with the citywide average. This profile suits value-conscious buyers seeking a modern, spacious home with a large yard who are comfortable in a neighborhood where property sizes and values vary widely. It’s ideal for those who prioritize a newer build and substantial outdoor space over being in the most expensive home on the block.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes in the area?
The data suggests it could be. The home’s assessed value is below the average for both the street and the neighborhood, while the living space is above the city average and the lot size is exceptional city-wide. This indicates you may get more physical space and a newer build for your money here than in many other parts of Winnipeg.
2. The lot size is listed as "Elite" city-wide but "Below Average" for the street. Why?
This highlights the unique character of Balgona Road. The street appears to consist of very large lots, making this property’s sizable yard seem modest in immediate comparison. In the broader context of Winnipeg, however, a 12,125 sqft lot is a significant and rare asset.
3. What does the year built tell me about this property?
Built in 2010, this home is significantly newer than most on its street (where the average build year is 1975) and in the city overall. This typically implies newer major systems (like plumbing, electrical, and HVAC), modern insulation standards, and potentially fewer looming large repairs compared to an older home.
4. How reliable is the sold price data shown?
The listed sold price range (CA$400k–450k) from September 2021 is based on publicly available internet data, not the MLS. The site states the figures are reasonably reliable but not guaranteed. For fully verified and exact historical transaction details, you must request a manual lookup from the site via email.
5. Who would this property not suit?
Buyers seeking a home that is the largest or most valuable on its street may be disappointed, as the living area and assessed value rank in the middle-to-lower end among immediate neighbors. It may also not suit those who prefer a tightly uniform neighborhood, as the data shows great variety in lot sizes, home ages, and values on this street.