Property Overview: 114 Evenlea Walk, Winnipeg
Key Characteristics & Buyer Appeal
This well-situated River East home, built in 1976, presents a solid and balanced offering. Its primary appeal lies in its established neighborhood setting and its strong standing relative to its immediate street. With 1,096 sqft of living space on a 5,801 sqft lot, the home sits comfortably around the average for the area, offering a manageable size for many households.
A key, less obvious strength is its relative modernity on its own street—it ranks in the top 2% for year built on Evenlea Walk, suggesting it may have fewer age-related concerns than many direct neighbors. Furthermore, its assessed value of $388k ranks above the street average, indicating it is viewed as a higher-quality asset on its block compared to nearby homes. This creates an interesting position: the home is a standout on its specific street but blends typically within the broader River East and Winnipeg context. It would suit practical buyers looking for a move-in ready home in a mature community, who value a property that holds its own and then some on its block. It's particularly suitable for those who prioritize a established location over a maximized lot size or square footage.
Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows it's a stronger performer on its own street than in the wider area. It's newer and has a higher assessed value than most homes on Evenlea Walk, while its living and land area are typical for the River East neighborhood.
2. What does the "Elite" ranking for year built mean?
This means that among the 49 comparable homes on Evenlea Walk, 114 Evenlea Walk, built in 1976, is the newest or tied for the newest. The average build year on the street is 1975.
3. Is the assessed value a reliable indicator of market price?
Assessed value is for municipal tax purposes and is a formal estimate, but it's not a direct market appraisal. The fact that it's above the street average is a positive signal, but a current market valuation should be obtained for an offer price.
4. Can I see the exact price it last sold for?
The site shows a sold price range (CA$350k–400k) for April 2021. To receive the exact historical sold price, you must request it via email from the site provider, as they manually look up and provide this data due to industry rules.
5. What are the potential implications of a smaller-than-area-average lot size?
At 5,801 sqft, the lot is slightly below the neighborhood average. This typically means less backyard space but can also translate to less maintenance. It's worth considering if outdoor privacy or room for expansions like a large deck or shed is a priority.