75 Libra Street

Here is the property summary for 75 Libra Street, written for direct display on a webpage.

Key Characteristics & Buyer Profile

This home offers a balanced set of numbers that stand out strongest at the citywide level. Built in 2020, it places in the top 3% citywide for newness—a significant advantage in Winnipeg’s broader housing stock, where the average comparable home was built in 1966. However, at the street and neighborhood level (West Kildonan Industrial), this age is closer to the average, meaning the immediate area already skews toward newer builds.

The living area is 1,507 sqft, which is slightly above the citywide average but sits around the norm for Libra Street and the wider neighborhood. The assessed value of $384,000 is similarly middle-of-the-pack locally, ranking 41st on the street and 64th in the area, though it lands just below the neighborhood average of $442,900. This suggests a pricing tier that is deliberate rather than premium within the immediate context.

Where the property diverges noticeably is the lot size. At 2,868 sqft, the lot is above average for the street but falls into the bottom 10% citywide. This is a less obvious trade-off: you gain a newer, well-sized house on a street with relatively larger lots, but you sacrifice the deep backyards or side yards typical of older Winnipeg homes.

Who it suits: This property is a strong fit for a buyer who prioritizes a modern, lower-maintenance structure over a large yard. It works well for first-time homeowners or downsizers who want a recently built home without paying a premium for land they won’t use. It is less suited for someone seeking a large garden, space for a workshop, or significant outdoor privacy.

5 Possible FAQs

1. How does this home’s value compare to others on the street?
   The assessed value of $384,000 is close to the Libra Street average of $377,300, but a bit below the neighborhood average. It ranks 19th out of 46 homes on the street, putting it in a solid middle position rather than at the top or bottom.

2. Is the lot size a concern?
   It depends on your needs. At 2,868 sqft, the lot is larger than most on Libra Street (top 28%), but it is small by citywide standards (bottom 10%). You get more outdoor space relative to immediate neighbors, but significantly less than what you would find in older, more established areas of Winnipeg.

3. Why is the home ranked top 3% in the city for year built?
   The citywide average for comparable homes is 1966. Because 2020 is a very recent construction year, it places this home firmly in the top tier of newer properties across Winnipeg. This is unusual for the West Kildonan Industrial neighborhood, where the average build year is 2021.

4. How does the living space feel compared to other homes nearby?
   The 1,507 sqft is almost exactly on par with the Libra Street average (1,412 sqft) and the neighborhood average (1,591 sqft). It will feel typical of homes in this area, not notably cramped or spacious by local standards.

5. What does “West Kildonan Industrial” mean for this property?
   The neighborhood analysis groups it within West Kildonan Industrial, which sets the baseline for comparisons. While “industrial” is in the name, the data shows this specific section of Libra Street features residential homes, with local averages for size and value that are distinct from the wider city.