Property Overview: 537 Bronx Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 537 Bronx Avenue in Munroe West presents a solid, value-oriented opportunity. Built in 1955, its key appeal lies in its above-average positioning within its immediate neighbourhood. The 5,850 sqft lot is notably larger than most in the area, offering valuable outdoor space and potential. With 1,012 sqft of living area, the house itself is comfortably sized for the locale, aligning with local averages.
The assessed value of $312k sits above the Munroe West average, suggesting the property is viewed favorably relative to its peers in terms of valuation metrics. This creates an interesting dynamic: you’re acquiring a property that stands out in its own neighbourhood for lot size and perceived value, while recognizing that city-wide, it represents a more modest, affordable footprint. This profile suits practical buyers looking for a established neighbourhood character, space to garden or enjoy outdoors, and a home that doesn’t require downsizing. It’s particularly well-matched for first-time homeowners or those seeking a long-term hold in a community where the property fundamentals—like lot size—exceed the local norm.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to nearby sales?
The home last sold between $200k-$250k in 2016. Its current assessed value of $312k is above the average for Munroe West ($273.5k), indicating significant appreciation and a strong valuation stance within the neighbourhood.
2. Is the house smaller than average?
Within the city of Winnipeg, yes, the living area is below the overall average. However, within the Munroe West neighbourhood itself, it is very comparable to the typical home, making it a standard and functional size for the area.
3. What does "above average" lot size mean for this property?
The lot of 5,850 sqft ranks in the top 13% on its own street and top 19% in Munroe West. This is a key advantage, providing more private outdoor space, potential for additions, or simply a larger yard than most immediate neighbours.
4. The home was built in 1955. What should I consider?
While the age is typical for the area, a home of this vintage will likely have had various updates over time. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the roof, and to identify any modernization that has been done.
5. How can I get the exact historical sold price data?
The public data shows a price range. For fully verified and exact sale figures from the MLS, you must request a manual lookup from the site via email, as industry rules prevent the direct display of that data.