Property Summary: 322 Regent Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic 1920s bungalow in the Melrose neighbourhood, offering a straightforward and practical living space. With 1,052 sqft of living area and a 3,750 sqft lot, its size is very typical for its immediate street and area, providing a comfortable footprint without being oversized. The data suggests its core appeal is as a stable, average-priced property within a well-established community, not as a standout in any single metric.
Its primary draw is value and location within a mature neighbourhood. The home sits on a decent-sized lot for the area and its assessed value is consistent with local norms, indicating a fair market position. It would suit a first-time buyer or practical investor looking for an entry into the Winnipeg market without premium costs, or someone who prefers the character and established streetscapes of an older neighbourhood like Melrose. A thoughtful perspective is that its "averageness" in the local context can be a strength—it represents a lower-risk, predictable investment in a settled area, avoiding the premium prices of newer developments or the potential extreme renovation costs of much older homes. However, the 106-year-old age is a significant consideration, likely appealing to buyers comfortable with the maintenance and update needs of a century-old structure.
Section 2: Frequently Asked Questions
1. How does this home compare to others nearby?
The home is very typical for Regent Avenue W and the Melrose area in terms of living space, lot size, and assessed value. It is older than most homes on the street and in the wider city.
2. What should I consider about the home's age?
Built in 1920, this is one of the older homes in the area. Prospective buyers should prioritize a thorough inspection to understand the condition of foundational elements, plumbing, electrical systems, and the roof, and budget for potential updates.
3. Is the assessed value a good indicator of the selling price?
The assessed value ($28,900) is for municipal tax purposes and is typically much lower than market value. Market value is better indicated by the last recorded sale price (between $200k-$250k in 2017) and current local sales comparisons.
4. How can I find out the exact past sale prices?
The exact sold price history is not publicly displayed. You can request it directly via the "Get exact sold price history" form on the listing page, and the service provider will email it to you.
5. What are the advantages of the lot size?
At 3,750 sqft, the lot is slightly smaller than the area average but still provides standard backyard space for a city bungalow. It offers manageable upkeep while allowing for a garden, patio, or shed.