Property Overview: 335 Sydney Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, century-old home in Winnipeg's Munroe West neighborhood, built in 1922. With 856 square feet of living space on a 3,299 sqft lot, its scale is modest and manageable. The data reveals a property that is very much in line with its immediate street and area in terms of size and value, but notably smaller and more affordable than the Winnipeg citywide average. Its assessed value of $236k sits below the averages for both the broader area and the city, indicating a relatively accessible entry point.
The appeal lies in its position as a pragmatic, no-frills opportunity. It suits first-time buyers, downsizers, or investors seeking a straightforward property in an established neighborhood without the premium for extra space. A thoughtful perspective is its "average" standing on its own street; it suggests a home that fits comfortably within the existing community fabric, potentially offering stability without standing out. Its two recent sales (2016 and 2022) also indicate a property that has seen regular market activity, which can be reassuring.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 856 sqft, the living area is slightly below the average for Munroe West (~958 sqft) but is very close to the average for Sydney Avenue itself (~902 sqft). It's a compact home, typical of many on its specific street.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value for taxation purposes is $236k. Notably, the home sold for between $250k-$300k in late 2022, which was above its assessed value at that time as well. Market conditions ultimately determine sale price, but recent history shows it can sell above its assessed value.
3. What should I consider with a home built in 1922?
While offering classic charm, a 104-year-old home will likely have older infrastructure. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation, and to budget for potential updates or maintenance.
4. How does the lot size impact potential?
The lot is 3,299 sqft, which is smaller than many in Winnipeg but typical for the area. It provides modest outdoor space but may limit possibilities for large additions. It's a manageable size for low-maintenance living.
5. How can I find out the exact past sale prices?
The site provides sold price ranges. To obtain the exact historical sale figures, you must request them directly via email from the service, as they manually look up and provide this data outside of the MLS system.