Property Overview: 457 Sydney Avenue, Winnipeg
Key Characteristics & Appeal
This home at 457 Sydney Avenue in Munroe West presents a practical and grounded opportunity. Built in 1950, it's a notably newer home on its street compared to the local average. With 918 sqft of living space, it offers a comfortably sized layout that is very typical for the immediate area and neighbourhood, though more compact than the Winnipeg city average. The lot size of 4,498 sqft is a standout feature, being above average for Sydney Avenue, providing generous outdoor space relative to nearby homes.
Its primary appeal lies in its solid positioning within a stable, established community. The assessed value of $269k aligns closely with area norms, suggesting a fair market entry point without the premium often found in newer subdivisions. This isn't a luxury property, but a well-situated, no-frills home that represents the character of its neighbourhood.
This property would best suit first-time buyers or practical downsizers seeking value and space in an established area. It’s for someone who prioritizes a larger yard over a larger house and understands the trade-offs of an older home. It appeals to a buyer looking for a straightforward investment in a community where the home's metrics—size, value, age—consistently rank as "around average" locally, indicating a lower risk of overpaying relative to the immediate market.
Frequently Asked Questions
How does this home’s size compare to others nearby?
At 918 sqft, the living area is very close to the average for both Sydney Avenue (902 sqft) and the wider Munroe West area (958 sqft). It provides a standard layout for the neighbourhood.
Is the assessed value a good indicator of the likely selling price?
The assessed value of $269k is a municipal valuation for tax purposes. Notably, it sits slightly above the street average ($250k) and just below the area average ($273.5k). Recent sold data suggests homes here transact within the $250k-$300k range, so the assessment is a reasonable baseline, but market conditions will determine the final price.
What should I know about the home’s age (1950)?
While 76 years old, this home is actually newer than many on its street (where the average year built is 1939). This suggests potentially fewer issues with very early construction methods, but a thorough inspection for updates to major systems like wiring, plumbing, and the roof is essential.
The lot seems large. Is that an advantage?
Yes. The 4,498 sqft lot is above average for Sydney Avenue, where lots average 3,914 sqft. This offers more private outdoor space, garden potential, or room for additions like a shed or deck compared to direct neighbours—a key differentiator.
Where can I get verified historical sale data for this property?
The provided sold price ranges are from public data. For fully verified transaction history and exact sale figures, you must contact the site directly via email for a manual lookup, as they do not display MLS records.