274 Newton Avenue

Property Overview: 274 Newton Avenue, Winnipeg

Key Characteristics & Appeal

This 1968 bungalow in Margaret Park presents a practical opportunity in a well-established neighbourhood. Its key appeal lies in a balanced profile of above-average lot size and newer construction relative to its immediate street and area, paired with a manageable 1,031 sqft living space.

The home sits on a 5,015 sqft lot, which is notably larger than many on Newton Avenue and in the broader area, offering valuable outdoor space or future potential. Built in 1968, it is newer than many neighbouring homes, which may suggest updates or different construction materials compared to older stock. The assessed value is strong for the street, indicating perceived value relative to peers.

This property would suit a first-time buyer or downsizer looking for a solid, no-fuss home in a mature neighbourhood without the premium of a fully modernized showpiece. It’s also a candidate for a long-term holder who values the inherent asset of a larger lot in a central location over immediate move-in perfection. The appeal is grounded in fundamentals—space, relative age, and position within the local market—rather than luxury finishes.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value ranks above average on its own street and is competitive within the Margaret Park area, suggesting it is priced in line with or slightly above its immediate peers based on municipal valuation.

2. Is the living space smaller than average?
At 1,031 sqft, the living area is slightly above average for similar homes on Newton Avenue but falls below the citywide average. It represents a typical size for many bungalows in mature neighbourhoods.

3. What are the implications of the larger lot size?
A 5,015 sqft lot is a standout feature, offering more yard space than many comparable properties. This can provide greater privacy, room for gardening, play area, or future expansion, subject to local zoning.

4. The home was built in 1968. What should I consider?
While newer than many area homes, a 1968 build still requires a thorough inspection for era-specific items like original plumbing, electrical systems, insulation standards, and windows, which may need attention or updating.

5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. To obtain the precise sale price from the 2020 transaction, you can request it directly via the email link provided on the listing page.