Here is a clean, standalone summary of the property at 32 Libra Street.
Key Characteristics & Appeal
This is a newer home (built in 2021) that stands out most for its assessed value relative to the immediate street. On Libra Street, it ranks #1 out of 46 homes for assessment, which is an “Elite” position, while the living area (1,342 sqft) sits right around the street average. This suggests the property holds a premium valuation that is not simply tied to having more square footage.
The property offers a compact, modern footprint. It is a good fit for buyers who prioritize a newer build and low-maintenance living over a large lot. The lot itself (2,557 sqft) is below average for the neighborhood and significantly smaller than the citywide norm for comparable homes, which points to less yard work and a more efficient use of space. This home would suit someone looking for a well-valued, contemporary asset in a street where it ranks at the top, rather than someone seeking maximum interior or exterior space.
Five Possible FAQs
1. The lot is small compared to the city average—how much yard space is there?
The lot is 2,557 sqft. While this is below the neighborhood average of 3,839 sqft, and well below the citywide average of 6,570 sqft, it is consistent with many newer infill builds. The yard is likely compact and manageable, requiring less upkeep.
2. Why is the assessed value so high if the living area is only average for the street?
The property ranks #1 for assessment on Libra Street, which indicates it has features or a condition that drives value beyond just floorplan size. This could be tied to a superior finish level, a desirable configuration, or a premium position on the street, rather than raw square footage.
3. How does the year built compare to other homes in the area?
This home is very new for the area. It ranks in the top 2% citywide for newer construction. The average home in the neighborhood (West Kildonan Industrial) was also built in 2021, so you are right in line with the newer builds nearby, but well ahead of the city average of 1966.
4. What does “ranked #1 out of 46” for assessment actually mean in practical terms?
It means that among the 46 comparable homes on Libra Street, this property has the highest assessed value. For a buyer, this often implies strong resale value potential relative to neighbors, but it may also mean higher property taxes compared to other homes on the same street.
5. Does a below-average lot size affect the property’s value negatively?
The data shows the lot is below average for the street, neighborhood, and city. However, because the property ranks elite for assessment on its street, the smaller lot does not appear to be dragging down the overall valuation. Buyers may find that the trade-off for a smaller yard and a newer home is a premium that the market already supports.