Property Overview: 366 Brock Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 366 Brock Street is a well-situated property in the established North River Heights neighbourhood. Built in 1931, it offers 1,667 sqft of living space, which is above the citywide average, on a 4,307 sqft lot. Its recent sold price (Fall 2024) fell within the $500,000-$550,000 range, positioning it above average for Winnipeg overall but competitively priced within its own desirable area.
The appeal lies in its balance of space, location, and value. It provides more interior room than many city homes, ideal for a small family or those wanting dedicated office or hobby spaces. Being in North River Heights offers access to mature trees, quiet streets, and community amenities. A thoughtful perspective for buyers is the home’s vintage: a 1931 build suggests potential for classic architectural charm but also means a thorough inspection of foundational and mechanical systems is essential. The lot size is smaller than most in the immediate area, which could mean lower maintenance but less private outdoor space compared to neighbours.
This property would best suit practical buyers who value location and liveable space over a massive yard. It’s a strong fit for professionals or growing families seeking a character home in a prime neighbourhood without the premium price tag of a larger lot or a fully renovated property, as it may present an opportunity to customize over time.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold for between $500,000 and $550,000 in September 2024, which is above its $464,000 assessed value. This is common in active markets and indicates buyer demand for the location and property type.
2. Is the lot size a disadvantage?
At 4,307 sqft, the lot is below average for North River Heights. This means smaller gardens and potentially less distance from neighbours, but it also translates to less yard work and maintenance.
3. What should I consider about a home built in 1931?
Homes of this era often have solid construction and character but may require updates to wiring, plumbing, insulation, or windows. A pre-purchase inspection is crucial to understand the condition of these older systems.
4. How does this property rank for value in the area?
Its assessed value ranks around the middle (Top 42%) for North River Heights, suggesting it is priced consistently with the neighbourhood rather than being an outlier, either high or low.
5. Where can I get the exact sold price and history?
The exact sold price is not publicly displayed due to data regulations. You can request the precise figure and full transaction history by emailing the site directly for a manual lookup.