Property Summary: 104 Algonquin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,600 sqft home, built in 1975, presents a compelling mix of value and positioning within the River East neighborhood. Its primary appeal lies in offering above-average space and assessed value for both the neighborhood and the city, while being situated on a street of larger, higher-value properties. This creates an opportunity to own a well-sized home in a desirable area at a relative value compared to its immediate neighbors.
The home suits practical buyers looking for solid space in a mature community without paying a premium for the largest lot or most expensive house on the block. It’s a fit for those who prioritize the interior living area and neighborhood amenities over an expansive yard. A thoughtful perspective is that this property represents a "middle ground" investment: it outperforms broader area averages, suggesting stability and demand, while its lower ranking on its own street indicates potential for value growth as surrounding properties set a high benchmark.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold in December 2021 for an estimated $550k-$600k. That sale price ranked in the top 5% for the River East area at the time, indicating strong market performance.
2. Is the lot size a disadvantage?
The 6,679 sqft lot is smaller than average for Algonquin Avenue but is still above the Winnipeg average. It offers a manageable yard with less maintenance, which can be a benefit for many buyers.
3. What does the assessed value tell me?
The $469k assessment is above average for both Winnipeg and River East, suggesting municipal valuation aligns with the area's desirability. However, it is below the street average, which is typical for a home of this size on this block.
4. How does the living area compare to nearby homes?
At 1,600 sqft, the home provides more space than the typical Winnipeg or River East house. On Algonquin Avenue itself, homes are generally larger, so this is a moderately sized option on that specific street.
5. Where can I get verified sale price history?
The site provides sold price ranges from public data. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this information is not sourced from the MLS.