1196 Polson Avenue

Property Overview: 1196 Polson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 1196 Polson Avenue in the Mynarski neighbourhood presents a practical and value-oriented opportunity. Built in 1957, it is notably newer than many houses on its street, potentially suggesting fewer concerns related to the age of core components compared to its peers. The 858 sqft living area is compact, placing it below average for the city, which indicates a efficient, low-maintenance footprint. The assessed value of $289,000 sits below both neighbourhood and city averages, highlighting its position as a more affordable entry point into the market.

The appeal lies in its value proposition and practicality. It suits first-time homebuyers seeking an affordable starter home, investors looking for a rental property with a relatively lower entry cost, or downsizers who prioritize a manageable space without a large yard (the 4,096 sqft lot is below average for the area). A thoughtful perspective is that its "below average" size and value metrics, relative to the wider city, could be a strength for the right buyer—offering lower property taxes, utility costs, and upkeep effort. Its sale history (last sold between $250k-$300k in early 2022) aligns with its current assessment, suggesting a stable, non-speculative market value.

Section 2: Frequently Asked Questions

1. Is the house smaller than most?
Yes. At 858 sqft, the living area is below the average for Mynarski (1,047 sqft) and Winnipeg overall (1,342 sqft). This makes it a compact, efficient home.

2. How does the assessed value compare?
The $289,000 assessment is below the Mynarski average ($307.8k) and significantly below the Winnipeg city average ($390.1k). This typically translates to a lower purchase price and correspondingly lower property taxes.

3. What does the "newer than most on the street" ranking mean?
Built in 1957, this home is newer than the average home on Polson Avenue (avg. year built ~1934). This can be an advantage, potentially meaning updates to original systems or construction methods.

4. What type of buyer is this best for?
It's well-suited for budget-conscious buyers, such as first-time homeowners, investors, or those downsizing, who prioritize affordability and a manageable lot size over spacious square footage.

5. How current is the sale price data?
The most recent sale data is from January 2022, with a price range of $250,000-$300,000. For verified, exact historical sale prices, a manual lookup must be requested from the site.