Property Overview: 309 Elm Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of space, established value, and a prime location within North River Heights. Its primary appeal lies in its generous scale, offering 2,148 sqft of living area—significantly above the average for the neighbourhood, street, and city. This positions it as a spacious family home or a property with ample room for comfortable living. The assessed value of $582k follows a similar trend, ranking consistently in the top tiers of its peer groups, suggesting a well-regarded property in a desirable area.
Built in 1930, the home is a classic of its era, fitting the character of the street and area. While its age is typical for the immediate vicinity, it is notably older than the Winnipeg citywide average, indicating a mature, established streetscape. The lot size of 4,821 sqft is standard for the neighbourhood, offering a balanced outdoor space without excessive maintenance.
This property would best suit buyers seeking a character home in a central, established community who prioritize interior space over a brand-new build. It’s ideal for those who appreciate the stability of a home that holds above-average value within multiple comparative frames—from its own street to the entire city. A thoughtful perspective is that while the home excels in size and assessed value metrics, its vintage calls for a buyer with an appreciation for the charm and potential stewardship of a older property, balanced with the practicality of modern updates.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 2,148 sqft, the living area is substantially larger than average. It ranks in the top 18% on its street, top 13% in North River Heights, and top 8% citywide.
2. What does the assessed value tell us?
The $582,000 assessment is consistently above average, ranking in the top 23% on Elm Street, top 16% in the neighbourhood, and top 9% across Winnipeg. This indicates the property is valued highly compared to peers.
3. Is the 1930 build date a concern?
The age is typical for North River Heights and Elm Street, where many homes are from a similar era. It is, however, older than the average Winnipeg home. This suggests a character property in an established area, and a thorough inspection is recommended to understand the condition and any updates.
4. What was the last sold price?
Public records indicate it sold between $600,000 and $650,000 in August 2021. For verified, exact historical sale figures, you can request a manual lookup via email on the site.
5. How does the lot size compare?
The 4,821 sqft lot is very close to the average for both Elm Street and North River Heights. It provides a standard urban yard for the area but is smaller than the citywide average lot.