642 Brock Street

Property Overview: 642 Brock Street, Winnipeg

Key Characteristics & Appeal

This is a well-situated, single-storey home in Central River Heights, built in 1955. Its primary appeal lies in its generous, above-average lot size (over 5,300 sq ft), which offers significant outdoor space and potential in a mature neighbourhood. The home itself is of a practical size at just under 1,300 sq ft of living area and features a renovated basement and a detached garage.

The property suits buyers looking for a solid foundation in a desirable area without a premium price tag. It’s ideal for someone who values land and location over a large existing footprint, seeing potential in the lot itself or in future expansions. The data suggests it represents a grounded opportunity: while the home is average in size and age for the immediate area, its assessed value ranks more favorably citywide, hinting at underlying value. This could appeal to a first-time buyer, an investor, or a downsizer seeking a manageable home with a spacious yard in a central, established community.

Frequently Asked Questions

1. How does the lot size compare to others?
The land area of 5,386 sq ft is notably larger than most on Brock Street itself (top 16%) and is a defining feature of this property compared to its direct neighbours.

2. What does the assessed value indicate?
The assessed value is around average for Brock Street and Central River Heights. However, it ranks in the top 30% citywide, suggesting the property holds stronger value relative to many homes across Winnipeg, likely due to its combination of location and lot size.

3. Is the house newer or older than others nearby?
Built in 1955, it is actually newer than many comparable homes on its street and in Central River Heights, ranking in the top 10-19% for its age group in the neighbourhood.

4. What is the living space like?
At 1,298 sq ft, the living area is fairly typical for the area. It indicates a comfortable but not expansive layout, making the renovated basement a valuable addition for extra space.

5. How does the last sale price relate to current value?
The home sold for $40.5k in July 2021. The current assessed value is slightly higher at $44.1k. For the most accurate current market valuation, a comparative market analysis with a local agent is recommended, as assessments and sale prices can differ.