Property Overview
This home at 733 Robin Hood Crescent in Winnipeg’s Munroe East neighbourhood presents a classic, mid-century bungalow built in 1956. With 948 sqft of living space on a 5,494 sqft lot, it offers a compact and manageable footprint. The data reveals a property with interesting contrasts: its living area is fairly typical for its immediate street and area, but its lot size is notably larger than many others in Munroe East. Its assessed value is on the lower end compared to its direct neighbours, which may indicate an opportunity. The home last sold between 200k–250k in 2016.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance and potential. It sits on a lot that is more generous than over 70% of homes in the broader area, offering valuable outdoor space that is less common in the neighbourhood. While the living space is modest, the home is one of the oldest on its block, suggesting a well-established streetscape. Its assessed value being below average on its street could attract buyers looking for a home with room for equity growth through updates. This property would suit a first-time buyer, an investor, or someone looking to downsize into a single-level home with a sizable yard without a premium price tag. It’s a practical choice for those who value land over a large interior and are comfortable with a home that may require modernization.
Frequently Asked Questions
1. Is the low assessed value compared to the street a concern?
Not necessarily. A lower assessment can sometimes reflect a home that hasn’t been recently renovated or an older valuation. It can represent a more affordable entry point into the street and may suggest potential to increase the value through improvements.
2. How does the lot size compare to nearby properties?
The lot is a key feature. At 5,494 sqft, it’s larger than approximately 74% of properties in the Munroe East area, offering more private outdoor space than is typical locally.
3. What does the "Elite" ranking for year built mean?
This means it’s among the first homes built on Robin Hood Crescent (ranked 1 out of 39). It doesn’t indicate luxury, but rather that the home is part of the original fabric of the street, which can contribute to a consistent neighbourhood character.
4. What type of maintenance should be expected for a 70-year-old home?
Buyers should budget for and expect updates to major aging components, such as the roof, plumbing, electrical, and windows. A thorough home inspection is essential to understand the current condition and needed repairs.
5. How can I find out the exact past sale price?
The provided sale history is a range from public data. You can obtain the exact sold price by using the email request form on the listing page. The service is manual, with a reply promised by the end of the same day, and your email is not used for marketing spam.