Property Overview: 404 Sydney Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 840 sqft bungalow, built in 1953 on a 3,969 sqft lot in Munroe West, presents a straightforward and practical homeownership opportunity. Its core appeal lies in its solid positional value within its immediate context. While its living space is modest compared to the Winnipeg average, it is competitively sized for its street and neighbourhood. The assessed value of $273k is notably above the average for Sydney Avenue, suggesting the property is perceived as a stronger-than-average offering on its block.
This home would suit first-time buyers or downsizers seeking an entry point into a stable neighbourhood without a massive footprint or yard to maintain. It also appeals to the value-conscious investor looking for a manageable rental property. A thoughtful perspective is that this home represents a "middle-of-the-pack" option locally—it’s not the largest or newest, but its above-average assessment for the street indicates it may have been better maintained or updated than some direct comparables, offering a balance of affordability and condition.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 840 sqft, the living area is slightly below the average for both Sydney Avenue (902 sqft) and the wider Munroe West area (958 sqft), but is a typical size for homes of its era in this location.
2. Is the assessed value reasonable for the area?
The $273,000 assessment is above the street average of $250k and aligns with the Munroe West average of $273.5k. This suggests the property’s valuation is strong within its immediate market.
3. What should I know about the home’s age?
Built in 1953, it is newer than many homes on its street (average year built 1939) and in the broader neighbourhood (average 1945). While still an older home, this relative recency may imply updated infrastructure compared to some neighbours.
4. How does the lot size compare?
The lot is 3,969 sqft, which is very close to the Sydney Avenue average. It provides a standard-sized urban yard for the area but is smaller than the typical lot citywide.
5. Where can I find verified historical sale prices?
The site provides estimated sold price ranges from public data. For fully verified and exact sale history, you must request a manual lookup via email, as this information is not sourced from the MLS.