Property Overview: 1207 Mountain Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of established value and relative modernity within its context. Built in 1963, it is notably newer than most homes on Mountain Avenue and in the broader Mynarski area, suggesting potentially fewer concerns with aging infrastructure common in century-old houses. With 1,215 sqft of living space, it offers above-average roominess for the immediate neighbourhood.
The property’s standout feature is its assessed value of $324,000, which ranks in the top 4% on its street. This indicates it is perceived as a high-value asset compared to its direct neighbours, a point for equity consideration. The lot size of 4,445 sqft is consistent with area norms, providing standard outdoor space.
Its appeal lies in this position of being a more contemporary, substantial home on a street where it stands out for its value and condition. It would suit a practical buyer looking for a well-situated home in an established neighbourhood without the typical upkeep demands of a much older property. It also represents a solid value proposition for someone interested in a home that already holds a strong relative valuation on its block, based on municipal assessment.
Frequently Asked Questions
1. How recent is the sold price data?
The sold price range provided (CA$350k–400k) is from a sale in November 2024. This is based on publicly available data; exact figures can be requested directly.
2. Why is the assessed value so much higher than the street average?
The home’s assessed value ranks in the top 4% on Mountain Avenue. This typically reflects a combination of its larger living area, newer construction (1963 vs. a street average from ~1932), and overall condition compared to neighbouring properties.
3. What does the "Elite" ranking for Year Built mean?
An "Elite" ranking for Year Built means this home is among the newest 5% on its street and the newest 1% in the Mynarski area. Simply put, it’s a much more modern construction than most homes surrounding it.
4. Is the living space large for Winnipeg?
At 1,215 sqft, the living area is slightly below the city-wide average for comparable homes. However, it is significantly above the average for both the Mynarski area and Mountain Avenue, making it a relatively spacious home within its immediate locale.
5. How can I verify the exact historical sold price?
The site provides sold price ranges for quick reference. For fully verified, exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.