2700 Assiniboine Avenue – Property Summary
Key Characteristics & Ideal Buyer Profile
This property stands out most for its land and assessed value. The lot measures 12,190 square feet, which ranks in the top 3% citywide—well above the typical Winnipeg lot size of around 6,570 square feet. The assessed value of $652,000 also reflects notable strength, falling in the top 5% across the city and in the top 6% for the Woodhaven neighbourhood.
The living area of 1,777 square feet is slightly above average for both the neighbourhood and the city, but not exceptional relative to other homes on Assiniboine Avenue itself. The house was built in 1955, which is older than the citywide median of 1966 but fairly typical for Woodhaven, where the average build year is 1953.
The appeal here is not a newly renovated or oversized interior. Instead, the value lies in the combination of a generous lot in a well-established neighbourhood, paired with strong property value relative to the broader market. This suits a buyer who prioritizes land size and long-term equity over move-in-ready finishes—someone willing to update or renovate a mid-century home in a desirable area. It may also appeal to buyers who want space for gardens, expansions, or outbuildings, given the lot size places it among the largest in the city.
Five Possible FAQs
1. How does the assessed value compare to similar homes in Woodhaven?
It ranks in the top 6% for the neighbourhood and top 5% citywide. The average assessed value on Assiniboine Avenue is around $533,000, so this property is significantly above that benchmark.
2. Is the living area large enough for a family?
At 1,777 square feet, it is slightly above the citywide average but not oversized. It should work well for a small to mid-sized family, though buyers seeking a very open or sprawling layout may find it moderate. The larger lot offers potential for additions if zoning allows.
3. How old is the house, and should I expect major updates?
The house was built in 1955, making it roughly 70 years old. While this is typical for the neighbourhood, buyers should anticipate possible updates to systems like electrical, plumbing, and insulation. It is not a turnkey property unless recent renovations have been completed.
4. Why is the land area considered a highlight here?
A 12,190 sqft lot places this home in the top 3% citywide. Most Winnipeg homes sit on lots closer to 6,500 sqft. This extra space is rare and can provide room for outdoor living, parking, or future construction—but it also means more yard maintenance.
5. How does this property compare to others on the same street?
On Assiniboine Avenue, it ranks in the top 18% for assessed value and top 24% for land area. Its living area is around average for the street, and its year built is slightly older than the street average of 1960. So it is a strong performer in value and lot size, but not unusual in layout or age relative to immediate neighbours.