Property Overview: 94 Woodlawn Avenue, Winnipeg

Key Characteristics & Appeal

This home at 94 Woodlawn Avenue stands out for its above-average scale and significant lot size. Built in 1974, it offers 1,865 sqft of living space, which is notably larger than most comparable homes on its street, in the Minnetonka area, and across Winnipeg. The property’s most defining feature is its 11,044 sqft lot, placing it in the elite top 5% city-wide for land area. This combination suggests a home with ample interior room situated on a generous, private parcel.

The appeal lies in this rarity: securing a property that outperforms benchmarks in both living space and land size. Its assessed value ranks in the top 3% on its street, indicating it is viewed as a premium property in its immediate locale. This isn't just a standard family home; it's one with uncommon potential for outdoor enjoyment, expansion, or simply more breathing room than is typically available.

This property would best suit buyers who prioritize space and long-term value over a move-in-ready modern finish. It’s ideal for a growing family seeking room to grow, a homeowner with renovation or landscaping vision, or an investor attracted by a fundamentally strong asset with standout metrics in a established neighbourhood.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $59.30k is for municipal tax purposes and is typically much lower than market value. The last known sale was between $550k-$600k in 2019, which is a more relevant benchmark for current market value.

2. What does the lot size mean for me practically?
At over a quarter-acre (11,044 sqft), the lot is significantly larger than the city average. This allows for substantial landscaping, large gardens, recreational space like a pool or sport court, and greater privacy from neighbours. It also may provide future potential for additions, subject to local zoning.

3. The home was built in 1974. What should I consider?
A home from this era may have original components, like windows, roofing, or major systems (heating, electrical, plumbing), that are nearing or past their typical lifespan. A thorough inspection is crucial to understand the condition and budget for any updates, while also recognizing the solid construction and room layouts common from that period.

4. The rankings show it's "Elite" for land area city-wide. How important is that?
This is a key indicator of long-term value and uniqueness. Land is a finite resource, and a lot in this top percentile is a permanent advantage that differentiates the property from the majority of the market, contributing to stability and desirability.

5. How can I find out the exact historical sale prices?
The provided sale price is a public data range. The listing service offers to provide the exact sale price history via a manual email request, which they aim to fulfill by the end of the same business day without using your email for marketing.