Property Overview: 467 Robin Hood Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 467 Robin Hood Crescent in Munroe East is a classic 1956 bungalow on a generous 6,188 sqft lot. Its key appeal lies in a combination of a very spacious yard and a manageable, approximately 1,000 sqft living area. The data reveals a property that stands out within its immediate context: it has one of the oldest build dates on its street (ranking in the top 3%), suggesting a well-established character, and its lot size is significantly larger than the average for the wider Munroe East area (top 7%).
The home would suit a first-time buyer or downsizer looking for a solid, no-frills property with ample outdoor space in a mature neighbourhood. It’s also a practical candidate for a long-term holder who values land size over a large interior, potentially seeing value in the lot's future possibilities. The assessed value is consistent with the local area, indicating a fairly priced entry point into the market. Recent sale history shows appreciation, with the 2023 sale price range placing it above average for the neighbourhood.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for Year Built mean?
This indicates the home is one of the oldest on its street (ranked 1st out of 39). This isn't about luxury, but rather highlights its established presence and original neighbourhood character. Buyers should be prepared for the maintenance and update needs typical of a 70-year-old home.
2. The city-wide assessed value seems low. Why?
The city-wide average assessed value shown (~$390k) is skewed by much newer or larger homes across all Winnipeg neighbourhoods. The relevant figures are the local ones: its assessment is squarely average for both Robin Hood Crescent and the Munroe East area, reflecting its true market context.
3. How does the lot size compare practically?
The lot is a standout feature. At over 6,000 sqft, it's notably larger than most in Munroe East (top 7%). This offers more privacy, gardening space, and room for additions like a shed or deck compared to many neighbouring properties.
4. What can be inferred from the recent sale history?
The home sold between $300k-$350k in 2023, which was above the neighbourhood average at that time. Compared to its 2020 sale range ($250k-$300k), this suggests solid market growth for the property in a short period, which is a positive indicator of the area's demand.
5. Is the living area sufficient for a family?
At 998 sqft, the living space is modest by today's standards and below the city-wide average. It is, however, typical for the street and area. It would comfortably suit a small family, a couple, or an individual, but those needing multiple large bedrooms or dedicated office spaces may find it compact. The trade-off is the significant outdoor space.