Property Overview: 38 Prevette Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1970-built home in Munroe East presents a solid, above-average offering within its immediate context. With 1,040 sqft of living space, it is notably larger than most homes on Prevette Street itself. Its assessed value of $340k is strong, ranking well above both street and neighborhood averages, suggesting it is perceived as a premium property in its local market. The lot size is standard for the area.
The primary appeal lies in its relative stature and value within a well-established neighborhood. It’s a home that stands out on its own street without being an outlier. This property would suit pragmatic buyers looking for a move-in-ready home in a mature community, who value space and a strong assessment relative to neighbors. It may also attract those who appreciate the stability of a home from a consistent era—the 1970s—where construction norms and neighborhood character are well-defined.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales in the area?
While no direct sales history is published for this listing, the provided data shows its assessed value is in the top 11% for the Munroe East neighborhood. You can request manual lookup of exact sold price figures for this and comparable properties by email.
2. Is the living space efficiently laid out?
At 1,040 sqft, the home is above average for its street. Comparing it to nearby references like 97 Pike Crescent (1,108 sqft) and 235 Kisil Bay (1,056 sqft) can give a sense of typical layouts for homes of similar size and vintage in the area.
3. What does the above-average assessment mean for property taxes?
A higher assessed value typically leads to higher property taxes compared to lower-valued homes on the same street. However, it also reflects the city’s valuation of the property’s worth relative to others, which can be a positive indicator.
4. The home was built in 1970. What should I consider?
This places it slightly newer than the neighborhood average (1960). Buyers should pay attention to updates to major 50+ year-old components, such as roofing, windows, and the heating/electrical systems, which may be due for replacement or modernization.
5. How does the lot size impact potential for expansion or outdoor space?
At just under 5,000 sqft, the lot is standard for the area. It likely provides a decent backyard but may have limitations for significant additions like a large garage extension without compromising outdoor space, given the home’s already above-average footprint.