720 Hoskin Avenue

Property Overview: 720 Hoskin Avenue, Winnipeg

Key Characteristics & Appeal

This 948 sqft bungalow, built in 1958, sits on a notably generous 5,495 sqft lot in Munroe East. Its primary appeal lies in a combination of established neighbourhood character and strong value fundamentals for its immediate area. While the living space is modest compared to the citywide average, the property stands out on its street and in its neighbourhood for its above-average assessed value and larger-than-typical lot size. This suggests a well-maintained home on a desirable parcel of land.

The property would suit practical buyers looking for a solid entry point into a mature neighbourhood, or those seeking a home with potential for expansion or outdoor enjoyment. The lot size offers a less obvious advantage: room for additions, gardening, or future development, which is a rarity in many older areas. It’s a home that represents a stronger-than-average investment within its own community context, as indicated by its top-tier assessed value ranking locally.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 948 sqft, the living area is slightly below the average for both Hoskin Avenue (1,023 sqft) and the wider Munroe East area (1,009 sqft). It offers efficient, manageable space typical of its era.

2. What does the assessed value ranking tell me?
The assessed value of $34,200 ranks in the top 11% on its street and top 10% in Munroe East. This indicates that, for its location, the property is officially valued higher than most comparable homes, often reflecting factors like condition, improvements, or lot appeal.

3. Is the lot size a significant feature?
Yes. The 5,495 sqft lot is above average for both the street and the neighbourhood. This provides more private outdoor space than many surrounding properties and can be a key asset for privacy, recreation, or future projects.

4. When was it last sold, and for how much?
The home sold in 2022 for a price between $350,000 and $400,000. Exact sale prices are available upon request to provide precise historical context.

5. What are the implications of the home’s age?
Built in 1958, the home is newer than many on its street (ranking in the top 8%). Buyers should expect the maintenance considerations of a 68-year-old structure but can also appreciate the character and established infrastructure of a mature neighbourhood.