Property Overview
30 Price Drive is a well-maintained home in Winnipeg's Munroe East neighbourhood, built in 1978. Its primary appeal lies in offering above-average space and a newer build date compared to its immediate surroundings, representing solid value within its local context.
Key Characteristics & Appeal
This 1,080 sqft home sits on a 3,079 sqft lot. The data reveals a property that stands out on its own street: it has the largest living area (top 4%) and is the newest build (top 4%) among the 23 homes on Price Drive. Its assessed value is also above the street average. This suggests a home that has been updated or is inherently more substantial than its direct neighbours.
However, the perspective shifts when zooming out. Compared to the wider Munroe East area and Winnipeg overall, the lot size is smaller than average, and the assessed value falls below the respective area medians. This creates a specific value proposition: you are acquiring a leading property on its block, but within a broader, more affordable market segment.
This home would ideally suit pragmatic first-time buyers or downsizers seeking a move-in ready property in an established neighbourhood. It’s for a buyer who values being "the best house on the block" for space and modernity, rather than seeking a large lot, and who is comfortable with a valuation that is modest by city-wide standards.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Property assessments are not direct market valuations but are used for calculating taxes. This assessment reflects the home’s value relative to its specific neighbourhood and property characteristics (like lot size) within the Winnipeg market. The significant difference from the city average highlights the affordability of the Munroe East area.
2. The home sold in 2022 and 2019. What do those sale rankings mean?
The rankings show the sold price performance relative to other sales at those times. In 2022, it performed better (top 36% on its street, top 46% in the area) than in 2019 (top 64% on street, top 75% in area). This suggests its market position may have improved, possibly due to updates or market trends favouring its attributes.
3. Is the smaller lot size a concern?
It depends on your priorities. The lot is larger than average for Price Drive, offering good private space for the street. However, it is below average for the wider neighbourhood and city. This typically means less yard maintenance but may limit expansion possibilities like a large addition or garage.
4. The home is "newer" for the street. Does that mean fewer repairs?
Being the newest on the block (built 1978) is a relative advantage, but the home is still 48 years old. Key systems like roofing, plumbing, windows, and the furnace are likely at or beyond their typical lifespans and should be inspected. Its newer status suggests it may have had updates, but a thorough inspection is essential.
5. How do I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request this information by email. The service promises to provide the accurate figures manually, typically by the end of the same day, without using your email for unsolicited marketing.