Property Overview: 904 Prince Rupert Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 948 sqft bungalow, built in 1958, sits on a 4,788 sqft lot in the Munroe East neighbourhood. Its core appeal lies in a strong value proposition within its immediate area. While the living space is modest and slightly below the city-wide average, the property’s assessed value of $330k ranks well above average for both its street and neighbourhood. This suggests a perception of solid value or desirable lot attributes relative to nearby homes. The lot size is typical for the street but offers more space than many city properties.
The home would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize location and lot potential over sheer interior size. It’s a property that appears competitively positioned in its local market, offering a manageable footprint with room for gardening or outdoor living. A thoughtful perspective is that its above-average assessment for the area could indicate either a well-maintained home or a lot with future potential, making it interesting for buyers who see value in the land as much as the structure.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
A nearby, similar-sized home at 925 Moncton Ave sold for between $350k-$400k in 2023. This property’s $330k assessment provides a benchmark, but the actual market value would be determined by current conditions, updates, and buyer demand.
2. Is the living area sufficient for a family?
At 948 sqft, the living space is slightly below the average for both Munroe East and the city. It would likely suit a small family, a couple, or an individual comfortably, but may require efficient use of space or future expansion for larger households.
3. What does the "above average" assessed value for the street mean?
The home ranks in the top 20% on its street for assessed value. This typically means the municipal assessment is higher than most neighbours, which can reflect factors like condition, improvements, or lot desirability. It’s a positive indicator of its standing in the immediate area.
4. Are homes from 1958 likely to have major issues?
Built 68 years ago, this home is of a typical age for its neighbourhood. While it may have undergone updates, prospective buyers should budget for and investigate the condition of major aging components like the roof, plumbing, electrical, and foundation, common to houses of this era.
5. How can I get the exact historical sold price for this property?
The exact sold price history is not publicly displayed. You can request it directly via the provided email service on the listing page, which manually supplies accurate past sale figures without obligation.