Property Summary: 457 Montrose Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1945-built home in North River Heights offers a well-proportioned living space of 1,757 sqft on a generous, private lot of nearly 6,000 sqft. Its primary appeal lies in its established, desirable neighbourhood and its strong positional value. The home's assessed value of $575k places it consistently above average—within the top 16% of North River Heights and the top 10% citywide—indicating a premium for the location and lot. The living space is comfortably above the city average, offering room for a growing family or home office needs.
The property suits buyers looking for a character home in a mature neighbourhood with the space and potential for personalization or future expansion. It’s a solid choice for those who value a larger lot over a brand-new build, offering outdoor space that is increasingly rare. A thoughtful perspective is that while the home itself is of average age for its immediate street, it is notably older than the Winnipeg city average, suggesting a neighbourhood rich in heritage and established charm, but also implying that a thorough inspection and potential updates should be part of any buyer's plan.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above average for both its immediate street and the broader North River Heights area, placing it in the top tiers. This suggests it is considered a premium property within this established neighbourhood.
2. Is the lot size a significant feature?
Yes. At 5,998 sqft, the lot is larger than most in North River Heights (top 16% for the area), offering more privacy, yard space, and potential than many comparable properties. This is a key asset.
3. What should I consider about the home’s age?
Built in 1945, the home is older than the typical Winnipeg house. While this often means charming character and a mature streetscape, it also warrants careful attention to the condition of major systems like plumbing, electrical, and the roof during an inspection.
4. What does the last sold price data indicate?
Public records show it last sold in March 2018 for between $300k-$350k. The significant increase to its current $575k assessment reflects broader market appreciation over six years and the premium for its location and lot size.
5. Where can I get verified historical sale data for this property?
The site notes that exact sold prices and full transaction history are not displayed publicly due to industry rules. They offer a manual lookup service; you can request the exact figures by email, and they will provide them directly.