Property Overview: 337 Montrose Street, Winnipeg
Key Characteristics & Appeal
This home at 337 Montrose Street in North River Heights is a substantial property that stands out for its size and value within its context. Built in 1939, it is a character home of its era, yet its primary appeal lies in its generous proportions. With over 2,000 square feet of living space, it ranks within the top 10-16% of homes in the area and city for size, offering more room than the typical local or Winnipeg house. The nearly 6,000 sqft lot is also notably larger than most in North River Heights, placing it in the top 18% for the neighbourhood.
The property’s assessed value of $738,000 clearly reflects its premium standing, ranking in the elite top 5% for North River Heights and top 3% city-wide. Recent sale data confirms this high-market position. The appeal here is for buyers seeking established character, space, and a solid investment in a desirable area. It suits those who value older home charm but prioritize above-average interior and land size over a newer build date. It’s a property for buyers looking for a home that outperforms neighbourhood and city averages in terms of square footage and lot size, and who are comfortable with the value and potential maintenance profile of a home from the late 1930s.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is significantly higher than averages on Montrose Street, in North River Heights, and across Winnipeg. It ranks in the top 8% on its own street and the top 5% in the neighbourhood, indicating it is considered a premium property relative to nearby homes.
2. Is the lot size a major feature?
Yes. While the lot is around the average for Montrose Street itself, it is well above the average lot size for the broader North River Heights area, offering more outdoor space than most properties in this sought-after neighbourhood.
3. The home was built in 1939. What should I consider?
While its age is typical for the street, it is older than the average Winnipeg home. Prospective buyers should factor in the potential for updates to major systems like plumbing, electrical, or the roof, and appreciate the character and build quality common to homes of this period.
4. The sold price data shows a range. How can I get the exact figure?
The displayed sold price ranges are based on public data. To receive the exact historical sale prices for this property, you can request a manual lookup by email through the listing site. They provide the exact figures directly without using your email for marketing.
5. What does the "elite" ranking for value really mean?
It means this property’s assessed value places it in the highest tier (top ~5%) when compared to all homes in North River Heights and even city-wide. This suggests it possesses a combination of desirable attributes—like location, size, and condition—that the market values exceptionally highly.