Property Overview: 701 Hoskin Avenue, Winnipeg
Key Characteristics & Appeal
This 980 sqft bungalow, built in 1956, presents a compelling opportunity defined by its standout lot size and stable value. Its primary appeal lies in the generous 6,580 sqft property, which ranks in the top 5% for land area within the Munroe East neighbourhood. This offers significant outdoor space and future potential that is rare for the area. The home’s assessed value of $330,000 sits comfortably above average for its immediate street and neighbourhood, suggesting a well-regarded location.
The living space is typical for the area, making it a practical, no-fuss layout. A thoughtful perspective is that this property represents a balanced proposition: you are investing significantly in the land itself, with a home that serves as a functional starting point. It would suit a buyer looking for a long-term hold—someone who values private outdoor space for a garden, recreation, or future expansion over immediate interior grandeur. It’s also a sensible fit for those seeking a stable entry into a mature neighbourhood without the premium of a fully renovated home.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The land area of 6,580 sqft is a key feature, ranking in the elite top 5% for the Munroe East area. It is substantially larger than the neighbourhood average of about 4,950 sqft.
2. What does the assessed value indicate about the property?
The $330,000 assessment is above average for both Hoskin Avenue and the wider Munroe East neighbourhood, which often reflects a combination of lot size, location, and property condition recognized by the assessor.
3. Is the living space smaller than average?
At 980 sqft, the living area is slightly below the Winnipeg city-wide average but is very much in line with the typical home size in the Munroe East neighbourhood.
4. When was it last sold, and for how much?
The most recent sale was in 2024, with a public price range of $350,000–$400,000. An exact sale price is available upon request from the listing service.
5. What is the context of the 1956 build date?
The year built is typical for the street but is slightly older than the average home in the Munroe East area. This suggests a mature, established streetscape with homes of a similar vintage.