814-1355 Lee Boulevard

Property Overview

This 1,344 sqft home at 814-1355 Lee Boulevard in Winnipeg's Fairfield Park neighbourhood presents a compelling, modern offering. Built in 2018, it is a newer construction in its area and features a renovated basement. Its standout characteristic is its exceptional positional ranking within the city. The property ranks in the top 1% of its street and the top 0% of both its neighbourhood and all of Winnipeg for land area, suggesting a larger-than-typical lot for the location. While the living space is comfortably sized, the significant lot size is a key asset.

The appeal lies in acquiring a relatively new, low-maintenance home on a premium lot without the premium price tag of a fully detached property. It suits practical buyers who want modern build quality and space outdoors, but may not require a large interior footprint or a private garage. It's also a sensible option for those who appreciate quantifiable value, as the home's assessed value ranks higher than its sale price history, potentially indicating room for equity growth.

Frequently Asked Questions

1. What does the "top 0% in neighbourhood" ranking for land area actually mean?
This statistical ranking indicates this property's lot size is larger than 100% of other lots in Fairfield Park, making it exceptionally spacious for the area. It's a key differentiator from nearby homes.

2. The home sold for $322k in 2019 but is now assessed at $380k. What does this suggest?
The current assessed value being significantly higher than the last sale price generally reflects market appreciation and improvements (like the basement renovation). It can indicate built-up equity, but the final market price is determined by current buyer demand.

3. There is no garage listed. Is there alternative parking?
The listing does not specify parking details. This is a critical point to clarify with the selling agent, as it could include a dedicated driveway, carport, or only street parking.

4. The "Building Type" is listed as "—". What is this property likely to be?
Given the address format (unit number-building number) and the direct proximity to several other units on Lee Boulevard (as seen in the nearby properties list), this is almost certainly a condominium or townhouse-style property, not a fully detached single-family home.

5. Who would this property NOT be well-suited for?
It may not suit buyers who prioritize absolute privacy (like a detached home), require extensive indoor living space, or need guaranteed private garage parking. The value is weighted more toward the land and modern build than interior size or traditional detached features.