Property Overview: 364 Bronx Avenue, Winnipeg
Key Characteristics & Appeal
This 1950-built home in Munroe West presents a compelling mix of value and potential. With 825 sqft of living space, the house itself is more compact than many on its street and across the city, suggesting a manageable footprint for upkeep. Its true standout feature is the generous 5,266 sqft lot, which is above average for both the immediate area and neighbourhood, offering valuable outdoor space.
The appeal lies in its strong value positioning within its community. The assessed value of $340k is notably above average for both Bronx Avenue and the wider Munroe West area, indicating it is considered a premium property in its local context. This creates an interesting dynamic: a home with a modest-sized structure on a desirable lot in a well-regarded pocket of the neighbourhood.
This property would suit a first-time buyer or downsizer looking for a lower-maintenance home without sacrificing yard space, or an investor/renovator who sees the potential in the substantial lot. It’s for someone who values location and land size over square footage, with an understanding that the interior may require updates reflective of its era.
Frequently Asked Questions
1. Is the house in need of major updates?
Built in 1950, the home is of an age where core systems (like plumbing, electrical, roof) may be at or beyond their typical lifespan. A thorough inspection is advised to determine the condition and any needed investments.
2. Why is the assessed value so high compared to nearby areas?
The assessment is significantly above the Munroe West average, suggesting factors like its larger lot size, specific location on Bronx Avenue, and the overall desirability of this particular street are key drivers of its valuation.
3. How does the lot size compare to newer neighbourhoods?
At over 5,200 sqft, the lot is larger than the average in Munroe West and is competitive with many newer areas. This is a key asset, offering more outdoor privacy and space than many modern lots.
4. What does "below average" living area mean for daily life?
With 825 sqft, the floor plan will be efficient. It likely means fewer or smaller rooms, limited storage, and a need for thoughtful space planning. It’s workable for individuals, couples, or small families comfortable with a cozy layout.
5. How can I get the exact historical sale price?
The site provides sold price ranges for transparency. Due to industry regulations, exact sale figures are not published online here. You can request the precise sale history via email through the provided form for a manual lookup.