Property Overview: 897 Renfrew Street, Winnipeg
Key Characteristics & Appeal
This 1,111 sqft bungalow, built in 1958, sits on a roughly 5,600 sqft lot in the Mathers neighbourhood. Its core appeal lies in being a solidly average home in its immediate context, offering a balanced entry point into the market. The data shows it consistently ranks in the middle ranges for size, value, and lot area compared to homes on its street, in Mathers, and citywide. A notable characteristic is its age; built in 1958, it is newer than many comparable homes on Renfrew Street and in the Mathers area, which could suggest updates or a potentially more modern foundation than some neighbours.
The property would suit pragmatic first-time buyers or investors looking for a straightforward, no-surprises home in a stable setting. Its recent sale history (2023, in the $350k-$400k range) and assessed value align with its "around average" positioning, indicating a market-tested price point. For someone seeking a home that doesn't stand out for extreme size or value but offers a manageable footprint and lot, this represents a practical choice.
Frequently Asked Questions
1. What does it mean that the home is "around average" in most metrics?
It means the property is very typical for its specific location. You're not paying a premium for an unusually large lot or modern square footage, nor are you compromising significantly on those points. It represents a median offering in the area.
2. The home is noted as being newer than many on the street. Is that a major advantage?
While a 1958 build is not new, being newer than the street and neighbourhood averages can be a subtle plus. It may indicate that major systems (like wiring or plumbing) are from a later era, potentially with fewer updates needed compared to homes built 5-15 years earlier.
3. How stable has the property's value been?
The home sold in the $350k-$400k range in 2023. Its current assessed value is significantly lower, but it's important to remember that municipal assessments often lag behind market values and are calculated differently. The recent sale price is the more relevant indicator of its market value.
4. Who would this property not be ideal for?
It may not suit buyers looking for a standout feature like a very large lot, a recently built home, or a project property priced well below area averages. It's a middle-of-the-road option.
5. How can I get the exact historical sale price?
The exact sold price is not publicly listed. You can request it directly via the email prompt on the listing page. The service provides the accurate figure manually and does not use submitted emails for marketing spam.