Property Overview: 624 St. Anne's Road, Winnipeg
Key Characteristics & Appeal
This 900 sqft bungalow, built in 1975 on a 3,119 sqft lot in Meadowood, presents a straightforward, value-oriented opportunity. Its core appeal lies in its position as an affordable entry point into the Winnipeg market. The home is notably modest in scale, with a living area consistently ranking below the average for similar homes on its street, in the neighbourhood, and across the city. This is reflected in its assessed value, which is significantly lower than area averages, suggesting a potentially lower property tax burden and a accessible purchase price for a standalone house.
The property would suit first-time buyers, investors, or downsizers seeking a low-maintenance footprint without the commitment of a large lot or home. Its age (around average for the area) means it may benefit from updates, offering a chance for equity growth through renovation. A thoughtful perspective is that its smaller size and lot could translate to lower utility costs and less time spent on upkeep, aligning with a simpler, more efficient lifestyle. The data indicates it last sold for an estimated $200k-$250k in 2016, providing a clear historical benchmark for value.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages shown?
The assessed value is determined for municipal tax purposes and is often lower than market value. Its significantly lower assessment compared to neighbours suggests it may be a more modest home or in need of updates, which is a key factor in its affordability.
2. What does the ranking for "Land Area" mean, given the huge average on St. Anne's Road?
The street average is skewed by properties with very large lots. For a realistic comparison, look at the Meadowood neighbourhood average (5,554 sqft). This home's lot is below that average, indicating a compact, manageable yard typical of many mature suburbs.
3. Is the smaller living area a concern?
It depends on your needs. At 900 sqft, it is compact. This is ideal for individuals, couples, or those seeking to minimize space. Buyers should be prepared for cozier living quarters compared to the typical Winnipeg home.
4. How can I find out the exact past sale price?
The provided sale price is a public data range. As noted on the detail page, you can request the exact sale price by emailing the listing service. They provide this manually and do not use the contact for unsolicited marketing.
5. What are the next steps to compare this property with others nearby?
Use the provided link to the neighbourhood analysis page. This tool maps nearby houses, allowing you to visually compare this home's year built, size, value, and lot size directly with its immediate neighbours for context.