396 Cork Avenue

Property Overview: 396 Cork Avenue, Winnipeg

Key Characteristics & Buyer Appeal

This home at 396 Cork Avenue in Margaret Park is a study in solid, middle-of-the-road value. Built in 1965, its 1,031 sqft living space and $320k assessed value are consistently "around average" when compared to its immediate street, neighborhood, and the wider city. This isn't a standout trophy property, but rather a grounded option in a well-established area. Its primary appeal lies in its predictability and stability—you're getting a home that aligns with local norms without extreme premiums or major compromises.

A less obvious advantage is the lot size. At 4,482 sqft, it is notably below average for both Cork Avenue and Margaret Park, which could mean less yard maintenance—a potential perk for buyers seeking a manageable outdoor space without the burden of a large garden.

This property would best suit pragmatic, value-conscious buyers. It's ideal for first-time homeowners looking for an affordable entry into the Winnipeg market, or for downsizers who want a comfortable, low-maintenance footprint in a mature neighborhood. It’s for those who prioritize neighborhood character and functional space over having the newest or largest home on the block.

Frequently Asked Questions

1. How does this home's value compare to recent sales?
It last sold between $250k-$300k in 2023. Its current $320k assessment suggests a stable or slightly appreciating market position, but checking exact sold prices for nearby homes is recommended for the most accurate comparison.

2. Is the below-average lot size a disadvantage?
It depends on your lifestyle. While it offers less private green space than some neighbors, it also translates to less yard work and lower maintenance costs, which can be a practical benefit.

3. What does "around average" for year built mean for maintenance?
Built in 1965, the home is of a common vintage for the area. Buyers should budget for updates common to homes of this era, but can also expect well-understood construction styles and potentially easier sourcing of replacement materials.

4. Who provides the exact historical sold price?
The exact sold price history is available upon request from the listing service. You can submit your email to receive it manually; they state this is done to ensure accuracy and is not used for marketing spam.

5. How can I visually compare this property to the neighborhood?
The listing includes a link to a "neighbourhood analysis page" map. This tool allows you to see the home in geographic context and visually compare its year built, size, value, and lot dimensions against nearby houses.