Property Overview: 356 Regent Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 356 Regent Avenue W in the Melrose neighbourhood is a classic Winnipeg property that represents a straightforward, mid-century housing option. Built in 1946, its 975 sqft living space and 4,050 sqft lot are very typical for its immediate street and area, offering a sense of consistency and predictability. The appeal here lies in its established location and its position as a manageable property without extreme outliers in size or value. It last sold between $200k-$250k in 2019.
The data suggests it’s a property for a pragmatic buyer. It would suit a first-time homebuyer looking for an entry point into a stable area, or an investor seeking a rental property with familiar dimensions and maintenance expectations. Its assessed value is notably below the city-wide average, which could indicate a more accessible price point but also warrants closer investigation into the property's condition and any potential updates needed. A thoughtful perspective is that this home isn't competing with newer, larger builds, but rather offers a grounded, no-surprises option in a city where character and affordability often intersect in homes of this era.
Section 2: Frequently Asked Questions
1. How does this home really compare to others nearby?
The metrics show it is consistently "around average" for Melrose and Regent Avenue W in living space, lot size, age, and assessed value. It’s a very typical home for the specific local context, neither standing out as exceptionally large or small.
2. Why is the city-wide assessed value average so much higher?
The city-wide average includes all property types and newer, often larger homes in suburban developments. This home’s assessed value is more aligned with its peers in established central neighbourhoods, reflecting its age, size, and market segment.
3. What should I consider about a home built in 1946?
While the structure has proven durability, potential buyers should budget for updates to older mechanical systems (like plumbing or wiring), windows, and insulation. The charm of a well-maintained older home comes with a focus on maintenance.
4. The lot is smaller than the city average. Is that a disadvantage?
For this neighbourhood, the lot is standard. A smaller lot can mean less exterior upkeep, which can be an advantage for those seeking lower maintenance. It typically allows for a compact, manageable yard rather than expansive green space.
5. How can I find out the exact past sold price?
The provided sold price is a public data range. The listing indicates you can email a request to the site to receive the exact historical sold price, as this detail is not always publicly disclosed in Manitoba records.