251 Langside Street – Property Summary
Key Characteristics & Buyer Profile
This 1,940 sqft home built in 1909 sits on a 3,037 sqft lot in Winnipeg’s West Broadway area. Its main appeal is that it offers notably more interior space than most city-wide homes, while carrying an assessed value well below the city average. On Langside Street specifically, it ranks in the top 20% for living area and top 26% for assessed value, meaning it’s a larger, more substantial home relative to its immediate neighbours.
The trade-off is the land. The lot is smaller than typical for the neighbourhood and the city, which may limit expansion or yard use. The home is also older (1909), which is common for the area but puts it in the oldest 5% of properties city-wide. Buyers should expect character features, but also older systems and potential maintenance needs.
This property would suit buyers who prioritize square footage and value over lot size and modern construction. It’s a strong fit for someone looking for a larger home in a central, established neighbourhood without paying a premium. It may be less ideal for those wanting a large yard, a newer build, or an investment property where land value is a key consideration.
Five Possible FAQs
1. How does the assessed value compare to similar homes?
On Langside Street, this home’s assessed value of $269k is above average (top 26% on the street). But compared to the city-wide average for comparable homes ($390k), it’s significantly below. That gap suggests the property offers more space than the price would typically command, though location and lot size factor in.
2. Is the lot size a concern?
It depends on your needs. At 3,037 sqft, the lot is about average for the street (top 31%) but small for West Broadway (bottom 24%) and very small compared to city-wide averages. If you want a garden, garage, or room to expand, this lot may feel tight. If you’re fine with a compact urban footprint, it’s not unusual for the area.
3. What should I expect from a 1909 home?
The year built is typical for Langside Street and West Broadway. Many homes in the neighbourhood have character details like high ceilings, plaster walls, and original woodwork. However, city-wide, 1966 is the average year built, so this home is older than most. Budget for possible updates to electrical, plumbing, insulation, and windows—common in homes of this era.
4. How does this home compare to others in West Broadway?
It’s around average for the neighbourhood in both living area and assessed value, ranking near the middle (top 54% and top 55%, respectively). It’s not the biggest or the most valuable on the block, but it’s also not underbuilt or undervalued relative to its immediate peers. The lot is where it falls short compared to neighbours.
5. What does “rank by living area, larger = better rank” mean in the data?
The rankings compare this property to others in the same category (e.g., all homes on Langside Street). A higher rank (closer to #1) means the home has a larger living area than more of its peers. The same logic applies to assessed value and lot size. For year built, newer homes rank higher. The fill colour on the bar indicates how many peers you outperform—lighter bars mean you’re closer to the middle of the pack.