Property Overview: 454 Brock Street, North River Heights, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This is a well-situated, post-war home in the established North River Heights neighborhood. Built in 1947, the house offers 1,176 sqft of living space on a generous 4,632 sqft lot. Its assessed value of $390k is notably below the averages for both its immediate street and the broader North River Heights area, presenting a value-oriented entry point into this desirable community.
The primary appeal lies in its location and lot size within a mature neighborhood, combined with a below-average price point for the area. This creates an opportunity for buyers seeking land and location over square footage. The home’s vintage (1947) is actually newer than many in North River Heights, suggesting it may have updates or a layout that reflects slightly later design trends compared to its peers.
This property would best suit a first-time buyer or a practical downsizer who prioritizes neighborhood character and lot potential over move-in-ready size or modern finishes. It’s a candidate for those comfortable with a home that may require personalization or who see value in a solid foundation in a prime area, where the land itself represents a significant portion of the investment.
Frequently Asked Questions
1. How does the home’s value compare to nearby properties?
The home’s $390k assessed value is below the local averages. On Brock Street, comparable homes average about $489k, and in North River Heights, the area average is about $479k. This suggests the property is priced at a relative discount within its immediate market.
2. Is the living space smaller than typical for the area?
Yes. At 1,176 sqft, the living area is below the averages for both Brock Street (~1,574 sqft) and the North River Heights neighborhood (~1,540 sqft). This is a key factor in its value positioning, making it a more compact option in the area.
3. What is the history of sales for this property?
Public records indicate it was last sold in August 2021 for a price between $300,000 and $350,000. For fully verified and exact historical transaction figures, a manual lookup through the site is required.
4. How does the lot size compare?
The 4,632 sqft lot is consistent with the local standard, ranking around average for both Brock Street and North River Heights. It offers typical outdoor space for the neighborhood.
5. The data shows the home is "newer" than many in the area. What does that mean?
Built in 1947, this home is newer than the neighborhood average (1937). While still a character home, this could imply construction methods or original floor plans that differ slightly from the earlier stock of homes in North River Heights, potentially offering a modest advantage in terms of infrastructure age or layout.