Property Overview
122 Morningmead Walk is a well-established home in Winnipeg’s River East neighborhood, built in 1974. Its standout feature is its generous 2,086 sqft of living space, which ranks it in the top 2% of homes on its own street and the top 9% both locally and city-wide. With an assessed value of $439k, it sits above average for the area and represents a premium offering on its block. The lot size is slightly more compact than some neighbors, but the home’s interior space and modernized age for the street are significant advantages.
Key Characteristics & Appeal
The primary appeal of this property lies in its exceptional interior space relative to its immediate surroundings. It offers substantially more room than the typical home on Morningmead Walk, making it a standout for buyers seeking size without moving to a newer subdivision. Its assessed value suggests it has been well-maintained or updated since its last sale in 2020. This home would suit a growing family looking for established community roots in River East, or a buyer who values having one of the largest and most valuable homes on their block—a position that often correlates with stability and pride of ownership. A less obvious perspective is that its "above-average" ranking in the broader neighborhood and city, but "elite" ranking on its own street, indicates a micro-location of higher-caliber homes, which can be a subtle buffer against market fluctuations.
Frequently Asked Questions
1. How does the assessed value compare to likely selling price?
The assessed value of $439k is for municipal tax purposes. Market value is determined by current conditions, buyer demand, and the home’s specific features. Recent sold data for the area can provide a better guide, and exact historical sold prices for this property can be requested.
2. Is the lot size a disadvantage?
At 5,532 sqft, the lot is around the city average but slightly smaller than some neighbors. For many buyers, the trade-off is favorable: you gain a significantly larger interior living space while maintaining a standard yard for a family home.
3. What does the "Top 2%" ranking for living area mean?
This means that, among 53 comparable homes on Morningmead Walk, this house has more living space than 98% of them. It’s a quantifiable indication that this is one of the most spacious homes available on this street.
4. The home was last sold in 2020. What might have changed?
Since the 2020 sale, the owners may have made updates or renovations that are reflected in the increased assessed value. It’s important to view the property in person or request details on any improvements made during this period.
5. How can I verify the exact past sold prices?
The provided sold price is shown as a range. For fully verified and exact historical sold figures, you can request a manual lookup by email, as this site does not display MLS sold records directly.