Property Overview
This home at 925 Consol Avenue in Winnipeg's Munroe East neighbourhood presents a distinct value proposition centered on space and location. Built in 1958, its key characteristic is its above-average living area of 1,333 sqft, which ranks in the top 8% of homes on its own street and the top 4% within the Munroe East area. This means you get significantly more interior space than most nearby properties. The lot size is a standard city lot, just under 5,000 sqft.
The appeal lies in this combination of ample living space within a mature, established neighbourhood, all at a very accessible price point, as reflected in its below-average assessed value. It suits practical buyers looking for room to grow without a premium price tag, such as young families needing space or value-focused investors. A thoughtful perspective is that while the assessed value is low relative to averages, the above-average square footage could represent a strategic opportunity for adding value through updates, effectively buying space at a lower cost per square foot than the surrounding market.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages shown?
The assessed value is consistently below average for the street, neighbourhood, and city. This can be influenced by many factors, including the home's specific condition, finishes, and any updates needed compared to peers. It's a key figure for property taxes but should be evaluated alongside a current market appraisal.
2. How does the living area compare to nearby homes?
This is the home's standout feature. With 1,333 sqft, it offers more interior space than approximately 92% of homes on Consol Avenue and 96% of homes in the wider Munroe East area, making it unusually spacious for the locale.
3. What can the last sold price (2016) tell me?
The home sold for an estimated $200k-$250k in 2016. This provides a historical benchmark, but market conditions have likely changed significantly since then. For the most accurate, exact sold price, you can request it via email from the listing source.
4. Is the lot size typical for the area?
Yes. At 4,902 sqft, the land area is very close to the Munroe East average (~4,958 sqft). It is a standard residential lot, not unusually large or small for the neighbourhood.
5. Where can I see more context about this specific location?
You can open the neighbourhood analysis page linked in the details to view this property on a map alongside nearby houses, allowing for a direct visual comparison of year built, living area, assessed value, and lot size.