Property Overview: 311 Elm Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 311 Elm Street is a classic North River Heights property built in 1929, offering a blend of established character and practical space. With 1,544 square feet of living area on a 4,821 square foot lot, its size is comfortably above the Winnipeg citywide average, providing ample room without being oversized. The assessed value of $464,000 positions it as a solid, mid-range property within its desirable neighborhood—neither a bargain fixer-upper nor a premium-priced home, but a well-centered option.
The appeal lies in its balance and location. It suits buyers looking for a move-in-ready home in a mature, central community who appreciate a straightforward value proposition. It’s particularly well-suited for small families, professionals, or downsizers seeking a single-family home with character and a manageable yard. A thoughtful perspective is that its "average" metrics within the immediate area suggest a stable, predictable investment less subject to the volatility of niche or outlier properties. Its 1929 vintage, older than many on its street, may appeal to those who value the craftsmanship and architectural details of that era, though it implies a need for diligence regarding updates and maintenance.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value is around the neighborhood average. It sits in the top 42% for North River Heights, meaning it’s valued higher than many area homes but is not among the most expensive properties.
2. Is the lot size typical for the area?
Yes. The lot of 4,821 sqft is very close to the average for both Elm Street and the wider North River Heights area, offering standard outdoor space for the community.
3. The home was built in 1929. What should I consider?
As an older home, it’s wise to investigate the condition of major systems like plumbing, electrical, and the foundation, which may have been updated over time. Its age also means it likely possesses character details common to homes of that period.
4. How can I find out the exact price it last sold for?
The site provides sold price ranges for non-members. To receive the exact sale price and full transaction history, you can request a manual lookup via email from the site administrators, as this data is not displayed publicly due to industry regulations.
5. What do the rankings (like "Top 28%") actually mean?
These percentile rankings show how this property compares to others on a specific metric. For example, being in the "Top 28%" for living area citywide means approximately 72% of Winnipeg homes have less living space, putting this home above the city average for size.