Property Overview: 51 Prevette Street, Winnipeg
Key Characteristics & Appeal
This 1,088 sqft bungalow, built in 1970, presents a compelling opportunity in Winnipeg's Munroe East neighborhood. Its primary appeal lies in the balance between a comfortable living space and a notably generous lot size of 5,699 sqft. The home ranks in the top 6% for land area on its street and the top 19% within Munroe East, offering above-average outdoor space for the local area—a valuable asset for gardening, expansion, or simply enjoying a larger yard.
While the interior living area is efficient and above the local street average, the home’s assessed value is positioned solidly within the mid-range for the immediate area, suggesting a well-priced entry point into the neighborhood. This property would suit first-time buyers or practical downsizers seeking a manageable home without sacrificing yard space. It also appeals to value-oriented buyers who see potential in a larger lot, whether for future enjoyment, a renovation project, or as a long-term investment in the land itself.
Frequently Asked Questions
1. How does the lot size compare to typical city properties?
While the lot is significantly larger than most in Munroe East, it is slightly below the city-wide average. Its true advantage is within the local context, where it stands out as a spacious property.
2. What does the assessed value indicate about the property tax?
The assessed value of $31,500 is used for municipal tax calculation. It is above the Munroe East average but around the median for the city, indicating property taxes that are likely in line with or slightly above immediate neighbors but average for Winnipeg.
3. The home last sold in 2017. Is there more detailed price history available?
The public data shows a sale between $200k-$250k in 2017. The exact sale price is not publicly listed online, but it can be requested directly from the listing service.
4. Is a 1970s home likely to have major issues?
Built 56 years ago, the home is newer than many in its area (top 13% in Munroe East). While systems like roofing, plumbing, or electrical may be due for updates or inspection, its age is relatively standard for the neighborhood's housing stock.
5. How does the living space feel compared to newer homes?
At 1,088 sqft, it offers more space than many similar homes on its street. However, it is about 250 sqft smaller than the current city-wide average for homes, so layouts may be more compact than in newer subdivisions.