Property Overview: 214 Regent Avenue E, Winnipeg
Key Characteristics & Appeal
This home at 214 Regent Avenue E in the Melrose neighbourhood presents a practical and affordable entry point into the Winnipeg market. Built in 1960, it is notably newer than many homes on its street and in the immediate area, which could suggest updated building materials or systems compared to its peers. The 794 sqft living space is compact, placing it in the smaller quarter of homes city-wide, but is quite typical for the local Melrose area. The lot size of 2,702 sqft is modest, especially compared to the Winnipeg average, offering lower maintenance outdoors.
Its primary appeal lies in its value positioning. The assessed value is around the local average for both the street and the neighbourhood, indicating a fairly priced home in its context. It last sold between $150k-$200k in 2019. This profile suits first-time buyers or investors seeking an affordable, no-frills property with lower property taxes due to its modest assessment. It may also appeal to downsizers looking for a manageable space without the upkeep of a larger lot. A thoughtful perspective is that its smaller size and newer build year (for the area) could mean relatively efficient heating and upkeep costs, a practical advantage not immediately obvious from the listing.
Frequently Asked Questions
1. Is this a small house?
Yes, at 794 sqft, the living area is below the city-wide average. However, it is quite typical for the Melrose neighbourhood, where comparable homes average 973 sqft.
2. What does the assessed value tell me?
The assessed value of $25,400 is around the average for both Regent Avenue E and the Melrose area. This generally suggests the property is in line with its immediate peers and may result in comparatively lower property taxes than a city-wide average home.
3. How does the lot size impact the property?
The 2,702 sqft lot is smaller than most in the city and the neighbourhood. This means less yard maintenance, which can be a benefit, but also offers less private outdoor space.
4. The home was built in 1960. Is that old?
While 66 years old, it is actually newer than the average home on its street and in Melrose. This "above average" ranking for year built in the local context could be a positive point regarding the potential age of some major components.
5. How can I find out the exact past sale price?
The provided sold price is a public data range. You can request the exact historical sale price by emailing via the "Get exact sold price history" link on the property page; the service aims to reply by the end of the same day.