Property Overview: 160 Bristol Avenue, Winnipeg
Key Characteristics & Appeal
This 680 sqft home on a 3,531 sqft lot in Norwood East is defined by its compact efficiency and historic roots, built in 1921. The data consistently shows it is a below-average-sized property for its street, neighborhood, and city in terms of living space, land area, and assessed value. Its appeal lies in its affordability and manageability, presenting a clear entry point into a well-established neighborhood. It last sold for an estimated $200k–$250k in late 2023, well below area averages.
This property would suit first-time buyers, downsizers, or pragmatic investors seeking a lower-maintenance footprint without leaving a mature community. Its smaller scale means lower utility costs and less upkeep, offering a lifestyle of simplicity. A thoughtful perspective is that a home of this vintage and size on a decent lot presents a potential for thoughtful renovation or expansion, subject to local regulations, allowing a buyer to add value over time in a location where larger properties command significantly higher prices.
Frequently Asked Questions
1. Is this a small house?
Yes. At 680 sqft, its living area is notably smaller than most homes on Bristol Avenue (average 1,008 sqft) and across Winnipeg.
2. Why is the assessed value ($261k) higher than the recent sold price range?
Assessed value for taxation and market sale price are different. The sold price (est. $200k–$250k) reflects what a buyer recently paid, while the assessment is an administrative valuation that often lags behind current market transactions.
3. What are the main advantages of a house like this?
The primary advantages are affordability in a central neighborhood, lower property taxes due to a lower assessment, and reduced maintenance and utility costs due to the smaller size.
4. How does the lot size impact potential?
The lot (3,531 sqft) is smaller than the street average but still provides decent outdoor space for a home of this size. It may allow for a garden, patio, or, potentially, a future addition, though zoning bylaws would need to be verified.
5. Where can I get the exact historical sold prices?
The site does not display MLS records. You must request exact sold price figures via email from the provider for a manually verified report.