Property Overview: 59 Prevette Street, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1970 on a 4,999 sqft lot in Munroe East, presents a practical and straightforward opportunity. Its primary appeal lies in its efficient size and solid positioning within its immediate neighborhood. The home offers more living space than most on Prevette Street (ranking in the top 13%) and sits on a larger-than-average lot for the street (top 25%). This suggests a good sense of space and privacy relative to nearby homes.
While average in many metrics city-wide, the property stands out in the Munroe East area for its year of construction, being newer than about 87% of area homes. This could imply fewer major age-related concerns compared to area peers. The assessed value is consistent with the local area, indicating a fairly priced entry point into the neighborhood.
This home would best suit first-time buyers or practical downsizers looking for a manageable, no-fuss property in an established area. It’s for those who value a decent lot size and functional space over high-end finishes, and who appreciate a home that is competitively positioned within its own community rather than one that tries to compete with newer suburban developments.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,040 sqft, it offers more living space than most homes on Prevette Street itself, where the average is about 960 sqft. It is very close to the average size for the broader Munroe East area.
2. What does the assessed value tell me?
The $31,200 assessment is very typical for both the street and the Munroe East neighborhood. It suggests the property is not overvalued relative to its immediate peers, providing a stable baseline.
3. Is the lot size a significant feature?
Yes. The 4,999 sqft lot is above average for Prevette Street, offering more outdoor space than many direct neighbors. This is a key differentiator for this property on its own block.
4. The home was built in 1970. Should I be concerned about its age?
While 56 years old, the data shows it is actually newer than most homes in the Munroe East area. This relative age can be an advantage, potentially meaning updates to major systems (like electrical or plumbing) may have already been addressed in the home’s history compared to older area stock.
5. Where can I see more context about the neighborhood?
A detailed neighborhood analysis map is available, allowing you to see this property in direct visual comparison to nearby homes based on year built, living area, assessed value, and lot size.