Property Overview
This home at 11 Pike Crescent in Winnipeg's Munroe East neighbourhood presents a compact and efficient living option. Built in 1969, it sits on a 3,481 sqft lot with a 696 sqft interior. The data suggests it is a modest, no-frills property that holds a relatively average position on its own street but stands out for its lower-than-average footprint and assessed value when compared to the wider city.
Key Characteristics & Appeal
The primary appeal of this property lies in its affordability and manageability. With a living area significantly below the city average, it is a classic starter home or downsizing opportunity. Its assessed value is comfortably below average for both the Munroe East area and Winnipeg overall, indicating a potentially accessible entry point into the market.
While the home itself is modest in scale, its lot size is reasonably proportional, offering outdoor space without being burdensome. An interesting perspective is that its 1969 build date is actually newer than many homes in Munroe East, potentially meaning updates or systems could be from a later period than neighbouring houses. This property would best suit first-time buyers prioritizing budget, investors looking for a rental property, or empty-nesters seeking a low-maintenance home without a large space to care for.
Frequently Asked Questions
1. Is this a small house?
Yes. At 696 square feet, the living area is notably compact, ranking in the bottom 10% for the Munroe East area and bottom 6% city-wide. It is designed for efficient, simple living.
2. What does the assessed value tell me?
The assessed value of $26,100 is a figure used for calculating property taxes, not a market price. It is consistently below average for the area and city, which typically correlates with lower annual property taxes—a key ongoing cost for homeowners.
3. How does it compare to others on the street?
On its own crescent, this home is generally around the middle of the pack for size, value, and age. This suggests it fits right into the existing streetscape without being an outlier.
4. What can past sale prices indicate?
The home sold twice between 2016 and 2025, with prices in the $150k-$250k range. These past sales, while not exact, show it has been a consistently lower-priced property in the Winnipeg market, aligning with its modest characteristics.
5. Who might this property not suit?
It likely won't suit buyers needing multiple bedrooms, dedicated workspace, or ample storage. The below-average lot size also means less potential for large expansions compared to many city properties, so those with major renovation ambitions should investigate feasibility carefully.