Property Overview: 363 Montrose Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 363 Montrose Street in North River Heights is a classic, well-proportioned property that offers solid value within a desirable neighbourhood. Built in 1930, it presents a character home opportunity with a living area of 1,600 sqft situated on a generous, flat lot of nearly 6,000 sqft. The data reveals its core appeal: it’s a home that stands out more at the city-wide level than on its own street. Its living space is above the Winnipeg average, and its lot size is notably larger than most in North River Heights, ranking in the top 18% of the area. This suggests valuable outdoor space and potential in a neighbourhood known for its mature landscaping.
The assessed value of $491k is consistent with the area, indicating a fairly priced entry point into the community. Its appeal lies in this balance—it’s not the largest or newest on the block, but it offers a spacious lot and a home size that provides more room than many city properties. It would suit a buyer looking for a character home with room to grow, garden, or entertain outdoors, who values the established streetscape of North River Heights over a brand-new build. It’s a practical choice for someone who wants a home that is above average in key metrics city-wide without being at the premium end of its immediate vicinity.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is around the average for Montrose Street and the North River Heights area. Its value becomes more notable in a city-wide context, where it sits above average, suggesting you get more home and land for your money compared to many other Winnipeg neighbourhoods.
2. What should I consider about a home built in 1930?
While offering classic charm and likely solid construction, a home of this age will have undergone various updates. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation, and to identify any historical renovations that may need modernization.
3. The lot is larger than many in the area. What does that mean for me?
A lot size ranking in the top 18% for North River Heights is a significant asset. It provides more privacy, space for gardening, play areas, or additions like a deck or shed. It also potentially offers better long-term value, as lot size is a fixed commodity in established neighbourhoods.
4. What is the neighbourhood like?
North River Heights is a mature, sought-after community known for tree-lined streets, character homes, and a central location with good access to amenities, parks, and schools. This property’s metrics are typical for the area, meaning it fits seamlessly into a stable and desirable community.
5. Where can I get verified historical sale data for this property?
The sold price shown is based on public data. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as this information is not sourced from or displayed via the MLS system on the webpage.