753 Prince Rupert Avenue

Property Overview: 753 Prince Rupert Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 753 Prince Rupert Avenue is a practical, post-war bungalow built in 1955, situated in the Munroe East neighbourhood. Its key characteristics include a 919 sqft living area and a 4,661 sqft lot, both of which are modestly sized compared to immediate neighbours but are fairly typical for the area. The assessed value is consistently around the average for its street and wider neighbourhood, suggesting it is priced in line with local expectations without significant premium or discount.

The appeal lies in its positioning as an attainable entry-point into the Winnipeg market. It represents a straightforward, no-frills property where value is derived from its location and lot rather than from expansive living space. It last sold between 2019, indicating a potential opportunity for buyers looking for a home that may benefit from updates. The lot size, while not large, offers standard suburban space for gardening or outdoor relaxation.

This property would suit first-time buyers or practical investors looking for a manageable footprint without a premium price tag. It’s a home for someone comfortable with a property of average age and condition for the area, who values a stable, established neighbourhood over modern finishes or above-average square footage. A thoughtful perspective is that its very "averageness" in several metrics could be a strength, offering a balanced compromise without extreme taxes, maintenance costs, or space constraints.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others nearby?
At 919 sqft, the living area is below the average for Prince Rupert Avenue and the Munroe East area, placing it in the smaller third of homes locally. It offers a compact, efficient layout.

2. Is the assessed value typical for this street and neighbourhood?
Yes. The assessed value is very close to the average for both the immediate street and the broader Munroe East area, indicating it is not an outlier in terms of municipal valuation.

3. What is the history of sales for this property?
The home was last sold in 2019. The exact sale price is not publicly listed, but the recorded range is between CA$200,000 and $250,000 for that transaction.

4. How does the lot size compare to the rest of the city?
The 4,661 sqft lot is slightly below average for the local area but is closer to the city-wide average, representing a standard urban residential parcel.

5. The home was built in 1955. What should I consider?
As a home from the mid-1950s, prospective buyers should budget for updates common to houses of this era, such as aging roofs, windows, or mechanical systems. A thorough inspection is advised to understand the condition and any needed investments.