Property Overview: 374 Almey Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of generous space and a substantial lot in Winnipeg's Peguis neighborhood. Its primary appeal lies in its significant scale, both in the home itself and the land it occupies. With 2,784 square feet of living area, the house ranks in the top 1% of its immediate area and top 2% city-wide for size, offering ample room for a large or multi-generational family. The nearly 37,511 sqft lot is an even more standout feature, placing in the elite top 3% of the area and top 1% across Winnipeg, providing exceptional outdoor potential and privacy that is rare within the city.
Built in 1972, the home is of a mature vintage, which is typical for its street but older than most in the Peguis area. This suggests a well-established setting with mature landscaping. The assessed value of $654k reflects its substantial offerings, ranking well above average for the city. The property's 2017 sale price fell within the $450k-$500k range.
This property would best suit buyers who prioritize space and land over a newer build. It's ideal for those seeking a large family home, someone interested in extensive gardens or outdoor recreation, or a buyer who sees value in the long-term potential of a large, well-located lot. It appeals to a purchaser comfortable with a home from the 1970s, likely understanding that personalization or updates may be part of the journey.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
The lot is exceptionally large at 37,511 sqft. For perspective, the average lot in the Peguis area is about 5,966 sqft, and city-wide it's 6,570 sqft. This property's lot is roughly six times the size of a typical city lot.
2. The home is noted as older than most in Peguis. What does that mean?
The home was built in 1972. While this is around the average age for Winnipeg, it is older than many homes in the immediate Peguis area, where the average build year is 2017. This indicates the home is in a mature, established part of a generally newer neighborhood.
3. What is the difference between the assessed value and the last sold price?
The current assessed value is $654,000. The home last sold in late 2017 for a price between $450,000 and $500,000. The assessed value is used for property tax calculations and can differ from market value, which is determined by what a buyer is willing to pay today.
4. Where can I see more details about the neighborhood and comparable properties?
A dedicated neighbourhood analysis page is available for this property. It provides an interactive map to compare this home with nearby houses based on year built, living area, assessed value, and lot size.
5. How can I find out the exact historical sold prices?
The site provides sold price ranges for general research. To obtain fully verified, exact sold price figures and a complete transaction history, you must request a manual lookup by email, as this data is not sourced from the MLS.