516-1355 Lee Boulevard

Property Overview

This 913 sqft property at 516-1355 Lee Boulevard in Winnipeg's Fairfield Park neighbourhood is a modern, low-maintenance home built in 2017. Its key appeal lies in a combination of newer construction and a highly ranked location. The home sits in the top 1% of properties on its street and the top 0% within both its neighbourhood and the entire city for land area, suggesting a premium lot or a desirable positioning within the complex. With an assessed value of $270k, it ranks in the top tiers for value on its street, indicating it is perceived as a substantial asset relative to its immediate surroundings.

The property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the upkeep of a large yard or exterior maintenance (note: details on condo/strata fees or building type are not provided, so this should be verified). It also appeals to value-focused buyers who prioritize a strong positional ranking within a community over sheer square footage. A less obvious perspective is that this home may represent an efficient use of space; its assessed value is competitive with larger, older homes in other areas, offering a trade-off between newer infrastructure and living area size.

Potential Buyer FAQs

1. What is the specific building type, and are there monthly condo or association fees? The listing does not specify if this is a townhouse, condo, or other style of property. This is the most critical detail to confirm, as it directly impacts monthly costs and rules.
2. Why is the land area ranking so exceptionally high? The property is ranked in the top 1% on its street for land. It's important to clarify if this refers to a private yard, a premium lot location within a development, or shared green space.
3. How does the living space feel at 913 sqft, and what is the layout? The square footage is efficient. Requesting a floor plan or detailed room dimensions will help determine if the layout meets your needs for storage, furniture placement, and daily living.
4. What are the specifics of "no basement"? Understand what this means for storage and mechanical systems. Is there alternative storage space, and where are the furnace, water heater, and electrical panels located?
5. The assessed value is $270k, but what are recent sale prices for similar units in the complex? The assessed value is for taxation. Reviewing recent sale data for units in the same building or complex at 1355 Lee Boulevard will provide a clearer market value.