Property Overview: 1047 Prince Rupert Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling value proposition within Winnipeg's Munroe East neighbourhood. Built in 1967, it offers 1,232 sqft of living space on a generous 5,394 sqft lot. The data reveals its core strength: it consistently ranks above average for its immediate street and local area in key metrics. Its assessed value of $360k places it in the top 5% of Munroe East, indicating it is a premium property within a desirable local context. The lot size is notably larger than most neighbours', offering valuable outdoor space and potential.
The appeal lies in its established, stable setting. It’s a home that outperforms its direct peers rather than chasing city-wide averages, suggesting a well-regarded micro-location. It suits practical buyers looking for a solid, spacious property in a mature neighbourhood without the premium of a brand-new build. It’s particularly suited for those who value a larger yard and the character of an established community, and who understand that a higher assessed value relative to nearby homes often reflects desirability and can be a marker of stability.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold between $350k-$400k in 2021. The current $360k assessed value aligns closely with that range, suggesting stable market value in line with its recent history.
2. Is the house older than others in the area?
Interestingly, no. Built in 1967, it is actually newer than the average home on its street (avg. ~1955) and slightly newer than the Munroe East average. It is a mid-century home in good historical company.
3. What does the "Elite" ranking for assessed value in Munroe East mean?
This means the home's $360k assessed value is in the top 5% of all 2,226 homes in the Munroe East area. It signifies this is considered one of the higher-value properties in this specific neighbourhood.
4. Is the living space smaller than a typical Winnipeg home?
City-wide, the living area is just below the average. However, within its own Munroe East area and especially on its street, it ranks in the top 7-11%, meaning it offers more space than most comparable local homes.
5. Can I get the exact historical sale prices?
The provided sale prices are estimated ranges from public data. The exact sale prices are available by request via email from the listing service, which provides them manually without marketing spam.