Property Overview: 466 Brock Street, North River Heights, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1,222 sqft bungalow, built in 1947 on a 4,740 sqft lot, presents a practical opportunity in the established North River Heights neighborhood. Its core appeal lies in its relative value and positioning within a mature, desirable area. While its living space and assessed value are below the averages for its immediate street and neighborhood, they align more closely with city-wide norms, suggesting a more affordable entry point into a sought-after location. The home is newer than many in North River Heights, which could imply updates or a different architectural character compared to older stock.
The property suits value-conscious buyers, such as first-time homeowners or downsizers, who prioritize location over sheer size. It’s for someone seeking a manageable lot and home footprint in a mature community, willing to potentially update an older home to personalize it. A thoughtful perspective is that its "below-average" metrics for the area might represent less property tax burden relative to neighbors, while still providing access to the same amenities and community feel. The data indicates it's a typical post-war property for Winnipeg, offering a solid, unpretentious canvas.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $404k is for municipal tax purposes. While it provides a benchmark, the selling price is determined by the market. Historical data shows it last sold between $300k-$350k in 2016, but current conditions will dictate the new price.
2. Is the living area sufficient for a family?
At 1,222 sqft, it is below the North River Heights average. It may suit a small family, a couple, or an individual comfortably. Buyers should consider if the layout and room sizes meet their specific needs, as space is efficiently allocated in homes of this era.
3. What are the implications of the home being built in 1947?
This era of construction is common in the area. It offers classic, sturdy building materials but likely requires attention to aging components like plumbing, electrical, windows, and insulation. A thorough inspection is essential to understand the condition and any needed investments.
4. How does the lot size compare, and what are the possibilities?
The lot is just under average for the neighborhood but offers a good outdoor space for a city property. It provides room for gardening, play, or entertaining, with potential for additions or landscaping, subject to local zoning regulations.
5. Where can I get verified historical sale data for this property?
The site provides estimated sold price ranges. For fully verified and exact transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system available on public platforms.