Property Overview
117 Pike Crescent presents a well-maintained home built in 1970, offering a practical footprint of 1,023 square feet on a generous 5,002 square foot lot in Winnipeg's Munroe East neighbourhood. Its standout characteristic is its strong assessed value relative to its immediate area, ranking in the top 12% on its own street and the top 8% in Munroe East. This suggests a property that is well-regarded in its local market context. While its living space is slightly below the city-wide average, it is competitively sized for its specific neighbourhood and street, offering a comfortable layout for its era.
Key Characteristics & Appeal
The primary appeal of this home lies in its established setting and solid local valuation. It suits a first-time homebuyer or a downsizer looking for a manageable property in a mature neighbourhood without the premium of a brand-new build. A thoughtful perspective is that its 1970 build date, the newest on its street, may mean it has benefited from slightly more modern construction standards or updates compared to its direct neighbours. The lot size is also a quiet advantage, providing above-average outdoor space for the area, which is appealing for gardening, recreation, or future expansion. Its last sale in the $350k-$400k range in 2022 aligns with its strong local assessment, indicating a history of stable value.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 1,023 sq ft, the living area is larger than the average home on Pike Crescent (~880 sq ft) and is very close to the Munroe East average (~1,009 sq ft). It is cozier than the city-wide average, positioning it as a right-sized home for its established neighbourhood.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home, built in 1970, is the newest among the 49 homes on Pike Crescent. For its immediate area, it is a relatively newer structure, which can sometimes correlate with updated electrical, plumbing, or insulation standards for its time.
3. Why is the Assessed Value ranking so high locally?
Ranking in the top 8% in Munroe East, the assessed value of $34.5k is notably higher than local averages. This typically reflects the city's assessment of the property's condition, features, and lot value as being superior to many nearby homes, which is a positive indicator of its standing in the micro-market.
4. What can the 2022 sale price range tell me?
The home sold for an estimated $350,000-$400,000 in 2022. This past transaction provides a recent benchmark for its market value, showing it transacted at a level consistent with its high local assessment ranking.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. You can request the precise history by emailing via the provided button on the listing page. The service is manual, with a promise of a reply by the end of the same day, and your email will not be used for unsolicited marketing.