Property Overview: 479 Lindsay Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 479 Lindsay Street presents a compelling blend of space, modern age, and established value within the desirable North River Heights neighborhood. Built in 1978, it is a notably newer construction compared to most homes in the area, which typically date back to the mid-20th century. This suggests potentially fewer concerns with aging infrastructure and systems. With 1,354 sqft of living space, it offers above-average roominess for Lindsay Street itself, and sits on a generous 5,598 sqft lot that is larger than many in the broader neighborhood.

Its appeal lies in its strong positional value. The assessed value of $483k ranks well above average for its immediate street and city-wide, indicating a solid foundation of perceived worth. For buyers, this represents a move-in-ready home in a prime location without the premium often attached to a century-old character property. It would particularly suit professionals or small families seeking the tranquility and prestige of North River Heights, but with the practical advantages of a more contemporary build. It’s also an astute choice for those who value a larger yard within the neighborhood—a less obvious perk that provides space for gardening, play, or future expansion.

Frequently Asked Questions

1. How does the 1978 build year affect this property?
Being built in 1978 makes this home significantly newer than the neighborhood average (often pre-1950). This typically means updated electrical, plumbing, and insulation standards, potentially resulting in lower immediate maintenance costs and better energy efficiency compared to much older homes in the area.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($483k) is for municipal tax purposes and provides a benchmark. It ranks in the top 17% on its street and top 23% city-wide, suggesting a strong underlying value. However, the final sale price will be determined by current market conditions, the home’s interior condition, and buyer demand.

3. What does the sold price history from 2016 tell us?
The home sold for between $300k-$350k in September 2016. This historical data shows substantial equity growth over the past eight years, reflecting strong appreciation in the North River Heights area. It is not, however, a direct predictor of the current market value.

4. How does the lot size compare?
At 5,598 sqft, the lot is above average for North River Heights. This offers more private outdoor space than many properties in the community, which is a valuable and less frequently highlighted asset in established neighborhoods.

5. Where can I get verified sale history and exact past prices?
The provided data is compiled from public sources. For fully verified transaction history and exact sale figures, you must request a manual lookup via email through the site, as this information is not sourced from the MLS system.