Property Overview: 945 Consol Avenue, Winnipeg
Key Characteristics & Appeal
This home at 945 Consol Avenue in Munroe East presents a compelling value proposition centered on space. Its most standout feature is its generous 1,652 sqft living area, which ranks in the top 3% on its own street and the top 1% within the wider Munroe East area. This means you get significantly more interior space than most nearby homes, which is a notable advantage for a property built in 1958. The lot size is a standard city lot at just over 5,000 sqft, providing typical outdoor space for the neighbourhood.
The appeal lies in this balance of above-average square footage at a below-average assessed value. While the home’s $280k assessment is modest compared to city-wide averages, it commands a reasonable price for its immediate area. This creates an opportunity for buyers who prioritize interior room over a premium location or a fully modernized build. It would suit practical buyers, such as growing families needing space, or value-oriented investors looking for a property with a strong "price per square foot" metric in a stable neighbourhood. The 2021 sale price suggests a history of being a reasonably accessible entry point into the market.
Frequently Asked Questions
1. Why is the living area so high compared to the assessed value?
This is the key dynamic of this property. It offers more interior space than most comparable homes in its immediate vicinity, but its assessed value hasn't escalated to match city-wide norms. This can indicate a home that needs modernization, is in a less sought-after micro-location, or simply represents a genuine value opportunity in its neighbourhood.
2. What does the 2021 sale price range tell me?
The previous sale in the $250k-$300k range, close to the current $280k assessment, suggests the market has seen stable, modest growth in this specific area over the past few years. It indicates a property not subject to volatile price swings, which can be appealing for long-term planning.
3. How significant is the 1958 build year?
Built in the late 1950s, this home is typical for its area. Buyers should anticipate the potential for age-related updates, such as roofing, windows, plumbing, or electrical systems. A thorough inspection is essential to understand the condition and any needed investments.
4. Who are the typical neighbours?
The listing shows nearby homes on Consol and Simpson Avenues with very similar build years and living areas, indicating a consistent, established streetscape. This suggests a neighbourhood of long-term residents and a stable community character.
5. How do I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you must request this information directly via email from the service, which provides the data manually without using your contact for marketing.