Property Overview: 647 Hoskin Avenue, Winnipeg
Key Characteristics & Appeal
This 1,078 sqft bungalow, built in 1957 on a 5,315 sqft lot in Munroe East, presents a solid, value-oriented opportunity. Its primary appeal lies in its strong positioning within its immediate context. The home offers above-average living space for both its street and neighbourhood, providing more room than many comparable local properties. Similarly, the lot size is generous for the area, suggesting good outdoor space and potential.
The assessed value is steady and aligns with the local market. A thoughtful perspective is that this property isn't an outlier in any single category but represents a well-balanced, established home in a mature neighbourhood. It would suit practical buyers—first-time homeowners, downsizers, or investors—who prioritize space and lot size within a specific community over a newer build. The data suggests you're buying into a stable, middle-of-the-pack streetscape, which can offer predictability and less competition than trending, ultra-renovated homes.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it ranks well for size. Its living area is in the top 23% on its street and top 24% in Munroe East, meaning it offers more interior space than most direct comparables in the area.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($31,600) is a municipal figure for tax purposes. Notably, it's above the average for Munroe East. However, market conditions, the home's specific condition, and recent upgrades ultimately determine the sale price. The last known sale was between $250k-$300k in 2017.
3. What are the implications of the home being built in 1957?
Built in 1957, it is slightly newer than the average home on its street but older than many in the wider Munroe East area. This typically means well-established infrastructure and mature landscaping, but buyers should budget for updates to original components like windows, roofing, or mechanical systems common to that era.
4. How does the lot size benefit a buyer?
At over 5,300 sqft, the lot is larger than most on the street and in the neighbourhood. This provides ample yard space, better privacy, and potentially more flexibility for additions, landscaping, or outdoor living compared to tighter lots.
5. How can I find out the exact historical sale prices?
The provided sold price ranges are based on public data. The listing service offers to provide the exact sold price history via a manual email request, which they aim to fulfill by the end of the same business day.