Property Overview: 477 Montrose Street, Winnipeg
Key Characteristics & Appeal
This home at 477 Montrose Street in North River Heights presents a balanced offering in a well-regarded neighbourhood. Built in 1949, it sits on a notably generous lot of nearly 6,000 sq ft, which is well above average for both the immediate street and the broader area, offering valuable outdoor space and potential. The living area of 1,741 sq ft is comfortably above the city-wide average, providing ample room, while its assessed value of $451k positions it as a relatively accessible entry point into this established community.
The appeal lies in its solid, middle-ground positioning. It’s not the largest or newest home on the block, but it offers a compelling combination of a larger-than-average lot and functional space in a prime location. This creates an opportunity for buyers who value land size—for gardening, play, or future expansion—over a fully renovated or maximized interior. It would suit practical buyers looking for a character home in a mature neighbourhood without the premium price tag of a fully updated property, or those with a vision to tailor the space to their own tastes over time.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is around the average for North River Heights but is above the Winnipeg city-wide average. On Montrose Street itself, it ranks in the lower two-thirds for value, which may indicate a price point that provides easier access to the street and neighbourhood.
2. Is the lot size a significant feature?
Yes. The land area of 5,999 sq ft is a standout, ranking in the top 15% for North River Heights. This is a substantial lot for the area, offering more privacy and yard space than many neighbouring properties.
3. What should I consider about the home’s age?
Built in 1949, the home is newer than many in North River Heights but will likely have systems and components characteristic of its era. A thorough inspection is advised to understand the condition of the roof, wiring, plumbing, and foundation, and to budget for any updates or maintenance.
4. Where can I get verified sale price history for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact sale history and figures via email from the provider, who will manually look up and send the information.
5. How does the living space compare?
At 1,741 sq ft, the living area is above average for Winnipeg and North River Heights, but slightly below the average for Montrose Street itself. This suggests the home offers very good city-wide space but may feel modest compared to some larger neighbours on the same block.