Property Overview: 438 Neil Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and location within Winnipeg's Munroe West neighborhood. Its primary appeal lies in its generous 8,056 sqft lot, which ranks in the top 1% of the local area, offering significant outdoor space and potential that is increasingly rare. Built in 1955, the house is notably newer than most on its street and in the broader area, suggesting potentially fewer issues with very old infrastructure.
With 1,068 sqft of living space, the interior is above average for Munroe West but modest compared to the city overall, indicating a efficient, manageable footprint. The assessed value of $335k sits well above average for both the street and the neighborhood, yet remains below the citywide average, highlighting a perceived value within a desirable local context. This profile suits buyers seeking a substantial lot for gardening, expansion, or privacy, who prioritize location and land over a maximized interior size. It would also appeal to those looking for a home in a mature neighborhood without the highest maintenance concerns of a century-old property, and to value-conscious buyers who see strength in owning a property that stands out positively within its immediate community.
Frequently Asked Questions
1. How does the assessed value relate to likely market price?
The assessed value of $335k is for municipal tax purposes and is a starting point. Its ranking—above average for the street and neighborhood—suggests the property is considered valuable by the assessor relative to its direct peers, but market conditions will ultimately determine sale price.
2. What does the lot size mean for me practically?
At over 8,000 sqft, the lot is exceptionally large for the area. This allows for ample yard space, room for additions like a garage or workshop, significant gardening, and greater distance from neighbors compared to standard lots.
3. The home was last sold in 2019. Is more detailed sale history available?
Exact historical sale prices are not published on this site due to industry rules. You can request a manual lookup for the full transaction history and exact figures by email, which the provider will send without using your email for marketing.
4. The living area is smaller than the city average. Is the house too small?
At 1,068 sqft, it is actually above the average (~958 sqft) for the Munroe West area, indicating it's competitively sized for this neighborhood. It offers a manageable space that may align with simpler living or lower utility costs.
5. Does "newer" construction (1955) mean fewer repairs?
While being newer than many area homes (often built in the 1940s) can be an advantage, a 71-year-old home will still require diligent inspection and maintenance. Key systems like plumbing, electrical, and the roof will be age-dependent, not necessarily "new."