Property Overview: 415 Lindsay Street, Winnipeg

Key Characteristics & Appeal

This home at 415 Lindsay Street in North River Heights presents a compelling mix of value and practicality. Built in 1982, it is a notably newer construction compared to most homes in its immediate area and across the wider neighbourhood, which are predominantly from the mid-20th century. This suggests a potential advantage in terms of modern building materials, layout, and possibly reduced immediate maintenance needs relative to its peers.

The property’s appeal is anchored in its generous 5,598 sqft lot, which is above average for North River Heights, offering valuable outdoor space in a mature community. With a living area of 1,070 sqft, the home itself is more compact than the neighbourhood average, positioning it as a manageable size. Its assessed value of $452k sits above average for the city and for Lindsay Street itself, indicating a strong perceived value for the lot and newer build, even within a desirable area.

This property would suit a buyer looking for a lower-maintenance home in a prime neighbourhood without the typical upkeep of a century-old property. It’s ideal for small families, downsizers, or first-time buyers seeking a foothold in River Heights with a yard that offers room to grow or garden, balanced with a cosier, efficient interior.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 1,070 sqft, the living area is below the average for North River Heights homes. This makes it a more compact option, which can mean lower utility costs and less space to maintain, but may require creative use of space for growing families.

2. Why is the assessed value relatively high for the street?
The assessed value of $452k ranks in the top 26% on Lindsay Street. This is likely driven by the combination of a larger-than-average lot for the area and the home’s relatively newer construction date (1982) compared to the street's average, which adds value.

3. What does the "Elite" ranking for Year Built in North River Heights mean?
Being in the top 4% for year built in the neighbourhood means this is one of the newest homes in an area of mostly older houses. This is a distinct advantage for buyers concerned about the potential for major aging infrastructure repairs common in older homes.

4. What was the home’s previous sold price?
Public records indicate it last sold between $350k and $400k in November 2019. For verified, exact historical sale figures, you can request a manual lookup via email on the property details page.

5. Is the lot size a significant feature?
Yes. The lot of 5,598 sqft ranks above average for North River Heights, where land is at a premium. This is a key asset, providing more private outdoor space than many neighbouring properties, which is a major draw in family-oriented neighbourhoods.