Property Overview: 104-700 Regent Avenue W, Winnipeg
Key Characteristics & Appeal
This condominium at 104-700 Regent Avenue W in the Melrose neighbourhood presents a practical and competitively positioned home. Built in 2009, it offers modern construction within a 1,018 sqft layout. The standout characteristic is its efficient use of space; its living area is notably larger than most comparable units on its street, ranking in the top 2%. This suggests a floor plan that maximizes functionality relative to its peers. With an assessed value of $220,000, it sits above average for its immediate area, indicating perceived solid value by municipal assessors.
The appeal lies in its balance of a newer build, manageable size, and established location. It suits first-time buyers seeking a move-in-ready, low-maintenance property, or downsizers looking for a comfortable space without the upkeep of a house. A thoughtful perspective is that its strong ranking on its own street for both size and value may offer a sense of relative stability and desirability within the specific building or complex, which isn't always apparent from city-wide data alone.
Frequently Asked Questions
1. How does this property compare to others in the building?
The data shows this unit excels within its own building complex on Regent Avenue W. It ranks 1st out of 57 for living area and 5th for assessed value, meaning it is among the larger and more highly valued units in the immediate vicinity.
2. What is the likely condo fee, and what does it cover?
This information is not provided in the public data. A buyer must request the condo corporation's financial statements, bylaws, and reserve fund study from the listing agent to understand the monthly fee and its inclusions (e.g., exterior maintenance, building insurance, amenities).
3. Why is the assessed value higher than the 2021 sale price range?
The assessed value of $220k is a municipal valuation for tax purposes, which may differ from market value. The 2021 sale was in a different market climate. The current assessment suggests the property has held or increased its value relative to others in the area since that sale.
4. Is the Melrose neighbourhood older or newer?
The data provides context: this unit (2009) is newer than most in the broader Melrose area, where comparable homes average a 2012 build year. However, on its specific street, it is just slightly newer than the average (2008).
5. How can I find out the exact past sale price?
The exact sold price is not public record in Manitoba. As noted, you can request this information directly from the listing service by providing your email; they manually provide the accurate figure from their records.