Property Overview: 1157 Lansdowne Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Lansdowne Avenue in the Mynarski neighbourhood presents a solid, value-oriented opportunity. Built in 1958, it is notably newer than many homes on its street and in the immediate area, which may suggest updated infrastructure or fewer concerns related to very old construction. With 1,064 sqft of living space and a 4,500 sqft lot, its size is practical and in line with local averages.

The primary appeal lies in its strong assessed value of $322,000, which ranks well above average for both its street and neighbourhood. This indicates the property is perceived as holding good value relative to its surroundings. The home last sold in 2016, and its current valuation sits comfortably above the citywide median, while being priced below the Winnipeg average home.

This property would suit a first-time buyer or practical investor looking for a straightforward home in a mature neighbourhood. It’s for someone who values a newer build date within an established area and appreciates a lot size that offers outdoor space without excessive maintenance. A thoughtful perspective: its above-average assessment for the area could signal a well-maintained home or desirable location on the block, but it also means property taxes will likely be higher than those of neighbouring, older, or smaller homes.

Section 2: Frequently Asked Questions

1. How does the 1958 build date compare to nearby homes?
This home is significantly newer than many on its street, where the average build year is 1935. In the broader Mynarski area, it is also above average, ranking in the top 7%. This is a relative advantage in terms of potential building materials and systems.

2. What does the above-average assessed value mean for me?
An assessed value ($322k) that ranks in the top 13% on its street suggests the municipal assessment sees this as a higher-value property in its immediate context. This can be a marker of good condition or appeal, but it directly influences your annual property tax bill, which will be higher than if the assessment were at the street average.

3. Is the living space smaller than average?
At 1,064 sqft, the living area is slightly below the average for Lansdowne Avenue (1,124 sqft) but is actually slightly above the average for the Mynarski area (1,047 sqft). Citywide, it is understandably smaller than the average Winnipeg home. It offers a efficient, manageable footprint.

4. How reliable is the sold price data from 2016?
The sold price range (CA$250k–300k) is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email, as industry rules prevent displaying MLS records here.

5. How does the lot size compare?
The 4,500 sqft lot is very close to the average for both the street (4,305 sqft) and the Mynarski area (4,768 sqft). It provides a standard urban yard size. Citywide, lots are larger on average, so this is typical for an inner-city neighbourhood.