Property Overview: 325 Brock Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 325 Brock Street is a well-established property in the desirable North River Heights neighbourhood. Built in 1931, it offers a generous 1,653 sqft of living space on a 5,237 sqft lot, providing room both inside and out. The data reveals a compelling story: while its size and lot are comfortably above the Winnipeg city average, its standout feature is its assessed value of $593k. This valuation places it consistently in the top 15% of comparable homes on its street, in North River Heights, and citywide, suggesting a property perceived to have superior quality, finishes, or location advantages within its peer group.
The appeal lies in this combination of established character, ample space, and a value assessment that signals a premium offering. It suits buyers looking for a character home in a prime central neighbourhood who appreciate the stability and maturity of North River Heights. It would particularly resonate with those who value a property with strong intrinsic worth, as indicated by its high comparative assessment, and who are not deterred by the maintenance or modernization considerations that can come with a home of this vintage.
A less obvious perspective is that its "below average" citywide ranking for year built (top 82%) isn't necessarily a drawback for the right buyer. It indicates a classic, older home in a neighbourhood where that is the norm, appealing to those specifically seeking the architectural charm and solid construction of that era over a newer build.
Frequently Asked Questions
1. Why is the assessed value so much higher than the neighbourhood average?
The assessed value is determined by the municipality based on factors like lot size, living area, building quality, condition, and location. Its ranking in the top 14% locally indicates that assessors have attributed a premium value to this specific property, often due to above-average materials, renovations, or an advantageous site.
2. What should I know about a house built in 1931?
While offering classic charm and often durable construction, a home of this age may have older electrical, plumbing, or insulation systems. A thorough inspection is essential to understand the condition of these elements and to plan for any updates or maintenance required for modern living and energy efficiency.
3. How does the lot size compare?
At 5,237 sqft, the lot is above average for North River Heights, providing more private outdoor space than many homes in the area. Citywide, it is around the median, offering a balanced yard without the extensive maintenance of much larger plots.
4. The last sold price shown is a range from 2020. How can I get the exact history?
The displayed sold price data is from public records. For fully verified and exact transaction figures, including the precise sale price from 2020, you must request a manual lookup from the site via email, as they do not publish MLS data directly.
5. What does the "below average" ranking for year built mean?
This statistical ranking means the home is older than most in the entire city of Winnipeg. However, within its own neighbourhood and street, its age is typical. This highlights that North River Heights is an established area with character homes, and this property fits right in.