Property Overview: 503 Besant Street, Winnipeg
Key Characteristics & Appeal
This home at 503 Besant Street in Munroe East is a practical and grounded offering. Built in 1960, it is notably newer than most on its own street, potentially suggesting fewer age-related concerns than some immediate neighbors. With just over 1,000 square feet of living space and a 5,289 sqft lot, the property provides a manageable footprint. Its appeal lies in its solid positional metrics within the local context: it consistently ranks around or above average for its immediate area and street in key categories like lot size, assessed value, and year built. This indicates a property that aligns well with its neighbourhood's character without standing out for negative reasons.
It would suit a first-time homebuyer or a downsizer looking for an honest, no-fuss home in an established area. The lot size, which is above average for Munroe East, offers a less obvious advantage: room for gardening, expansion, or simply more private outdoor space than many nearby properties. Recent sale activity (2024) in a range of $350k-$400k places it competitively, suggesting a market-tested value. This is a home for someone who prioritizes neighbourhood fit and lot potential over a large interior or a brand-new build.
Frequently Asked Questions
1. How does this home compare to others on the street?
It holds its own. It's newer than most homes on Besant Street (ranking in the top 8%) and is very typical in terms of living area and assessed value for the street, meaning it's neither the largest nor the smallest.
2. What is the significance of the lot size?
At 5,289 sqft, the lot is larger than the average for the wider Munroe East area. This is a key feature, providing more yard space than many comparable properties in the neighbourhood.
3. What does the assessed value tell me?
The assessed value of $30,600 is close to the average for both the street and the area. It's important to note this is for municipal tax purposes; the recent sold price range of $350k-$400k reflects the actual market value.
4. Is the living space small?
At 1,013 sqft, it is slightly below the city-wide average for homes. However, it is perfectly in line with the average for both Besant Street and the Munroe East area, representing a typical size for this community.
5. How can I get the exact sold price?
The precise sold price is not publicly displayed. You can request it by email via the button on the listing page. The service is manual, with a same-day response aim, and your email is not used for marketing spam.