Property Overview

This home at 1,707 square feet sits in a strong position for its size, ranking in the top quarter citywide and well above the local average of 1,521 square feet. Built in 2008, it’s one of the newer homes in the Templeton-Sinclair area—top 5% for its vintage. The assessed value of $512,000 reflects that combination of size and age, landing in the top 18% across Winnipeg. The land is where things get interesting: at 4,391 square feet, the lot is actually on the smaller side compared to others on Swailes Avenue and in the broader neighbourhood. That’s not unusual for a newer build in an established area, but it’s worth noting for anyone expecting a large yard.

The appeal here is practical. You get a modern home with generous interior space—more than most houses on the same street and in the area—without the premium of an oversized lot. That trade-off works well for buyers who prioritize indoor square footage and a recent build over outdoor space. It suits families or professionals who want a move-in-ready home with good resale potential, especially given the above-average assessed value relative to the neighbourhood. It’s also a solid pick for someone who values efficiency: newer construction typically means better insulation, updated systems, and lower maintenance costs compared to older homes in the same price bracket.

Frequently Asked Questions

1. Why is the land area below average for the street and area, but the assessed value is still high?
The assessed value is driven more by the house itself—its size, age, and condition—than by lot size alone. In this case, a well-built 2008 home with 1,707 square feet simply outweighs the land factor. Many buyers in this segment are willing to trade a smaller lot for a newer, larger house.

2. How does this property compare to newer infill builds in Winnipeg?
Infill homes on smaller lots often sacrifice living space to keep land costs down. This property offers a larger interior footprint than most infills, but with a lot size that’s still manageable. It’s a middle ground: more house than a typical infill, but less land than a traditional older home on a double lot.

3. Is the living area of 1,707 square feet considered “above average” for a home from 2008?
Yes, especially in Templeton-Sinclair. Homes built around 2008 in that area tend to average closer to 1,500 square feet. This unit is about 12% larger than the neighbourhood norm, which is a noticeable difference in layout flexibility and room sizes.

4. What should a potential buyer look out for with a home this age?
Built in 2008, the home is about 17 years old. Key items to check include the condition of mechanical systems (furnace, A/C, water heater), roof lifespan, and any settling or foundation shifts common to that era of construction in Winnipeg. Having an inspection focus on those points is wise, though the age generally means fewer surprises than a 1970s or 1980s home.

5. Does the smaller lot affect resale value?
It can limit the pool of buyers who prioritize outdoor space, but it also keeps the purchase price more accessible compared to similar square footage on a larger lot. For a home that’s already in a strong value position (top 18% citywide), the lot size tends to be a secondary consideration for most buyers—especially those drawn to a newer home with less yard maintenance.