Property Overview: 159 Houde Drive, Parc La Salle, Winnipeg

Key Characteristics & Appeal

This 1972 bungalow sits on a notably large, approximately 5,930 sqft lot in Parc La Salle. With 912 sqft of living space, the home itself is more compact than many in the city, but its true standout feature is its assessed value of $379,000, which ranks in the top 1% on its own street and the top 15% in the local area. This suggests a property that is valued highly relative to its immediate neighbours, potentially due to its generous lot size, specific upgrades, or desirable location on the block.

The appeal lies in a clear value proposition within its micro-neighbourhood. You are acquiring a property with a premium assessment on one of the larger lots in the area, offering future potential for expansion, gardening, or outdoor space, while the home itself presents a manageable footprint for downsizers or first-time buyers. It suits a practical buyer who sees value in land and location over sheer interior size—someone comfortable with a home that may require updates common for its age but who appreciates the established community and the inherent value reflected in its official assessment compared to nearby homes.

Frequently Asked Questions

1. Why is the assessed value so high compared to other homes on the street?
The assessed value is significantly above the street average, placing it in the elite top 1% for Houde Drive. This is likely influenced by its larger-than-average lot size for the area and may reflect specific features, improvements, or a particularly desirable position on the block not captured in the basic square footage data.

2. How does the sold price range relate to the assessed value?
The home sold for an estimated $300,000–$350,000 in January 2025, which is below its $379,000 assessed value. This is not uncommon, as market sale prices and municipal assessments for tax purposes are determined by different methods and can vary, especially following recent market shifts.

3. What should I consider about the home's size?
With 912 sqft, the living area is below average for the city, neighbourhood, and even its own street. This is ideal for low-maintenance living but may feel compact for those needing multiple bedrooms or dedicated workspace. The generous lot does offer a trade-off, providing ample outdoor space.

4. Is the year built a concern?
Built in 1972, the home is older than most on its street but average for the wider area. This typically means well-established infrastructure but also suggests that major components like the roof, windows, and mechanical systems may be at or beyond their typical lifespan and should be carefully inspected.

5. How can I get the exact sold price?
The exact sale figure is not publicly displayed due to data source restrictions. You can request it by email through the listing site; they will manually look up the verified transaction history and provide the precise number directly to you.