Property Overview: 929 Connery Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 929 Connery Avenue in Munroe East presents a compelling case based on value and location. Built in 1960, it is a typical post-war bungalow for the area, sitting on a standard-sized lot just under 5,000 sqft. At 891 sqft, the living space is notably compact, ranking below average for the street, neighborhood, and city. This suggests a efficient, likely two-bedroom layout.
The primary appeal lies in its financial positioning. With an assessed value of $324,000, it ranks well above average for both Connery Avenue and the broader Munroe East area. This indicates the property is assessed more highly than many of its immediate peers, which could reflect desirable updates, a premium lot location, or simply strong value retention in this specific pocket. Historically, it sold between $300k-$350k in late 2021.
This property would suit a first-time buyer, downsizer, or value-focused investor seeking an entry into a stable neighborhood without a premium for excess space. The modest square footage means lower utility costs and less maintenance, appealing to those seeking simplicity. Its above-average assessment for the area suggests it may be a stronger-than-average asset within its immediate market, ideal for a buyer who prioritizes financial metrics and long-term value over sheer size.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 891 sqft, the home is certainly compact. It would suit individuals, couples, or a small family comfortable with efficient living. The trade-off is often lower purchase price, taxes, and upkeep costs.
2. Why is the assessed value higher than the neighborhood average?
Ranking in the top 25% on its street and top 20% in Munroe East, this suggests assessors attribute added value to this specific property. This could be due to renovations, a favorable lot, or superior condition compared to nearby homes.
3. What does the sale history tell us?
It last sold in November 2021 for an estimated $300,000-$350,000. This range aligns closely with its current $324,000 assessment, indicating stable value in recent years.
4. How does the lot size compare?
The 4,949 sqft lot is very typical for Munroe East and on Connery Avenue. It provides standard outdoor space for a garden or patio but is not unusually large.
5. Where can I get verified sale price data for this home?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact historical figures by emailing them directly for a manual lookup.