Property Overview: 6-1429 Molson Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a 975 sqft condo located in the Eaglemere neighbourhood. Built in 2013, it offers a balance of modern construction while being established enough that any major initial build issues are likely resolved. The living space is consistently "around average" compared to similar properties on its street, in the area, and citywide, making it a practical, mid-sized home.
Its primary appeal lies in its solid positioning within the market. The data suggests it's not an outlier in size or value, which can mean less volatility and predictable utility costs. It suits first-time buyers or downsizers seeking a manageable, low-maintenance property without the uncertainties of a brand-new build. A thoughtful perspective is that its "average" metrics across the board could be a strength for a pragmatic buyer; it avoids the premium of a top-tier unit or the potential compromises of a lower-ranked one, representing a stable, middle-ground investment in a mature building.
Section 2: Frequently Asked Questions
1. How does this condo rank compared to others?
Across key metrics like living area and assessed value, this unit consistently ranks in the middle tiers (typically between the 40th and 62nd percentile) compared to immediate neighbours and citywide condos. It is squarely an average, mainstream property in the data.
2. Is the building relatively new?
Yes. Built in 2013, it is newer than 77% of all comparable properties citywide. However, within the specific Eaglemere area and on Molson Street itself, it is actually one of the older units, as many nearby comparables are newer, averaging a 2021 build year.
3. What is the price trend based on past sales?
The unit sold in 2020 for $210k, in 2021 for $232k, and most recently in 2023 for $260k. This shows steady appreciation over that three-year period.
4. What does the "assessed value" figure mean?
The assessed value (listed as $25.40k) is for taxation purposes only and is not the market value. The actual market value is closer to recent sale prices, like the 2023 sale at $260k. The assessed value is useful for estimating annual property taxes.
5. Are there many similar units in the building or area?
Yes. The listing shows several other units at the same street number (1425 and 1429 Molson Street), indicating this is part of a larger condo complex or a street with many similar properties, which is helpful for comparing values.