11 Libra Street

Summary: 11 Libra Street

Key Characteristics & Buyer Fit

This 1,520 sqft home, built in 2020, offers a strong living area and a notably recent construction date compared to the broader Winnipeg market. Its appeal lies in being a relatively new, move-in-ready property on a street where it ranks above average for both living space and assessed value. The lot is generous for the immediate street (top 7%), though it is smaller than the citywide norm—a common trade-off in newer infill or denser subdivisions.

The property would suit buyers who prioritize a modern, low-maintenance home with efficient use of space over a large yard. It’s a practical fit for first-time homeowners, downsizers, or anyone looking for a newer build in an established neighbourhood without the premium of a sprawling lot. The assessed value is around the city average, suggesting no significant pricing quirks relative to local comparables, which may appeal to value-conscious purchasers.

Frequently Asked Questions

1. How does the year built compare to other homes in Winnipeg?
This home was built in 2020, placing it in the top 3% of properties citywide for newness. The average Winnipeg home was built in 1966, so this is substantially newer than the vast majority of listings.

2. Is the land area considered small?
Relative to the city, yes—the lot is 2,869 sqft, which is in the bottom 9% of Winnipeg homes. However, on Libra Street itself, it’s actually above average (top 7%), meaning it’s a typical or slightly generous size for this specific block.

3. How does the assessed value compare to similar homes nearby?
The assessed value of $385k is slightly above the street average of $377.3k, but below the neighbourhood average of $442.9k. This suggests the home is priced competitively relative to the wider West Kildonan Industrial area, likely reflecting its smaller lot size.

4. What does the living area rank tell me about the home’s size?
At 1,520 sqft, the living area is above average for Libra Street (top 17%) and citywide (top 29%), but roughly average for the broader neighbourhood. So it’s spacious for its immediate street, but not unusually large for the area overall.

5. Why does the ranking differ so much between street and city for land area?
This is common in older, established parts of Winnipeg. Libra Street’s lots tend to be smaller than the citywide average, but within that context, this home’s lot is one of the larger ones. The rankings measure relative performance within each scope—being top 7% on the street is a strong comparison, even if the lot is small by city standards.