Property Overview: 521 Weedon Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 521 Weedon Street in Munroe East presents a solid, middle-ground opportunity in the Winnipeg market. Built in 1977, it offers 1,270 sqft of living space on a 5,098 sqft lot. The data reveals its true standing: while its size and value are average for its immediate street and the city overall, it stands out within the Munroe East neighbourhood. Here, its assessed value ranks in the elite top 3%, and its living area is in the top 6%, indicating it is a notably larger and higher-valued property compared to most in the area.
The appeal lies in this relative advantage. Buyers get a home that offers more space and perceived value than many neighbouring properties, potentially providing a comfortable foothold in the community. It would suit practical, value-conscious buyers—perhaps young families or long-term investors—who prioritize getting a above-average property for the specific neighbourhood without a premium city-wide price tag. A thoughtful perspective is that its "average" metrics on the wider scale could signal stability and lower volatility, while its local strength suggests a good foundation for maintaining value within the community.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold between $300k-$350k in 2020. Its current assessed value is $378,000. For a precise sale price history, you can request the exact figures via email from the listing service.
2. Is the home newer or older than others nearby?
Built in 1977, it is newer than the average home in Munroe East (avg. 1960) and slightly newer than the Winnipeg city average. On its own street, its build year is typical.
3. How does the lot size compare?
At 5,098 sqft, the lot is very close to the average for both Munroe East and the city overall. It is slightly smaller than the average lot on Weedon Street itself.
4. What does the "Elite" ranking for assessed value in Munroe East mean?
This means the home's assessed value is higher than approximately 97% of the 2,226 comparable properties in the Munroe East area. It suggests the property is among the most valuable in the neighbourhood, which can be a positive indicator for equity.
5. Can I see how this property compares visually to its neighbours?
Yes, the listing provides a link to a neighbourhood map analysis tool where you can view nearby houses and compare details like year built, living area, and lot size.