Property Overview
This home at 761 Hoskin Avenue presents a straightforward opportunity in Winnipeg's Munroe East neighborhood. Built in 1956, it is a classic post-war property that sits comfortably within the averages for its immediate street and area in terms of size, lot dimensions, and assessed value. With just over 1,000 square feet of living space on a nearly 5,000 sqft lot, it offers the essential components of a single-family home without extreme highs or lows in its metrics. Its appeal lies in its predictability and alignment with the local market, making it a known quantity. The home last sold between $250k-$300k in 2019, a price point that performed better than most city-wide sales at the time.
This property would suit a pragmatic first-time homebuyer or an investor looking for a stable, average entry into the Winnipeg market. It’s for someone who prioritizes neighborhood consistency over standout features, and who sees value in a home that doesn’t carry the premium—or the risks—of being an outlier. A less obvious perspective is that its "average" rankings across the board could mean fewer bidding wars compared to more uniquely positioned homes, offering a calmer purchasing process. The lot size also provides a tangible asset that is more generous than over half the properties in the city.
Frequently Asked Questions
What does it mean that the home is "around average" in most rankings?
It means the property's key features (size, value, lot) are very typical for Hoskin Avenue and Munroe East. You're not paying a premium for exceptional size nor getting a bargain for a below-average condition; it’s a representative example of the local housing stock.
How reliable is the 2019 sold price range shown?
The range is based on public data. For the exact sale price, you must request it via email from the site. This is a common practice to ensure accuracy and verify serious interest.
The city-wide living area is listed as "below average." Is the house small?
It is smaller than the Winnipeg city average of 1,342 sqft, but that average includes many newer, larger suburban homes. Within its own established neighborhood of Munroe East, its size is completely typical, matching the area average almost exactly.
Is a 70-year-old home a concern?
The year built (1956) is actually newer than many on its street and in its area. While systems and structure will need due diligence, its age is standard for the community. The key will be understanding updates and maintenance over those decades.
Why does the assessed value seem low compared to the city-wide average?
The city-wide average assessed value shown ($390k) is skewed by higher-value areas. The assessed value of ~$30k is a municipal assessment for tax purposes, not market value. The home's market value is better indicated by its 2019 sale price and its consistent rankings within its own market area.