583 Bronx Avenue

Property Overview: 583 Bronx Avenue, Winnipeg

Key Characteristics & Appeal

This home presents a compelling opportunity in Winnipeg's Munroe West neighborhood. Built in 1955, it offers 1,166 sqft of living space on a notably generous 5,850 sqft lot. The data reveals its primary strengths lie in its context: within its immediate area and street, it consistently ranks above average for lot size, living area, and age of home. This suggests a property that stands out locally for offering more space and a similar vintage to its closest peers.

Its appeal is grounded in value and potential. With an assessed value of $305,000, it sits above the area average but below the city-wide average, positioning it as a relatively affordable option for the space provided. The large lot is a significant asset, offering ample room for gardening, expansion, or simply more private outdoor space than is typical for the area. It would suit a first-time buyer or a downsizer looking for a manageable home with a classic footprint and the benefits of a mature neighborhood, without paying a premium for a downtown or newer suburban location. A thoughtful buyer might also see the above-average rankings within Munroe West as an indicator of a well-positioned asset in a stable community.

Frequently Asked Questions

1. How does this home compare to others on the street and in the area?
The home ranks above average for lot size, living area, and year built compared to both its immediate street (Bronx Avenue) and the wider Munroe West area. Its assessed value is around average for the street but above average for the area.

2. What is the significance of the large lot size?
At 5,850 sqft, the lot is larger than most in the vicinity. This provides more outdoor space for recreation, gardening, or future projects like a shed or deck, and can contribute to a greater sense of privacy.

3. The home was built in 1955. What should I consider?
While the age is typical for the neighborhood, a home of this vintage will likely have older major systems (like plumbing, electrical, and roof). A thorough inspection is essential to understand the condition and any needed updates or maintenance.

4. Can I find out the exact historical sale price?
The site provides sold price ranges for transparency. To obtain the exact sale figures and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.

5. Is the assessed value the same as the market value?
Not necessarily. The assessed value ($305,000) is used for property tax calculation. Market value—what a buyer might pay—is determined by current market conditions, the home's specific state, and recent sales of comparable properties.