1772 Assiniboine Avenue

Property Summary: 1772 Assiniboine Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home in Bruce Park, built in 1944, offers a compelling mix of space, location, and value. Its primary appeal lies in its generous proportions: with over 2,175 sqft of living space, it ranks well above average for both the neighbourhood and the city, providing ample room for a growing family or those who value spacious interiors. The lot size of 8,820 sqft is notably above average for Winnipeg, offering significant outdoor potential in a mature area.

The home’s renovated basement adds modern, functional living space, while the attached garage provides practical convenience. From an investment perspective, the property stands out with an assessed value that places it in the top tier for Bruce Park, suggesting it is a premium asset within a desirable neighbourhood. It suits buyers looking for a character home with substantial interior and exterior space who are comfortable with the maintenance considerations of an older property. A thoughtful perspective is that while the home itself is older, its large lot and above-average living area in a well-ranked area represent a solid foundation of intrinsic value that isn't solely dependent on the building's age.

Frequently Asked Questions

1. How does the lot size compare to others?
The land area is above average for Winnipeg overall and for the Bruce Park neighbourhood specifically. However, it is around the average size for other properties directly on Assiniboine Avenue itself.

2. Is the home’s age a concern?
Built in 1944, the home is older than many in the city. This typically means potential for character but also underscores the importance of a thorough inspection to understand the condition of major systems like plumbing, electrical, and the roof, which may have been updated over time.

3. What does the "Elite" assessed value ranking mean?
This indicates the home’s municipal assessed value is in the top 4% of all properties in the Bruce Park neighbourhood. It generally reflects that the city assesses this as a high-value property relative to its immediate area, which can be a positive indicator of its standing.

4. Has the property been sold recently?
According to available data, it was last sold in June 2016. The sale price from that transaction provides a historical benchmark, but the current assessed value and market conditions will be the primary drivers of its present listing price.

5. What are the immediate neighbours like?
The property is situated on a street with closely spaced homes, as neighbouring addresses are within 15-50 meters. This suggests a typical urban residential streetscape with nearby neighbours, common for the area.