Property Overview: 177 Emerson Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This home at 177 Emerson Avenue in River East presents a solid, mid-century property built in 1959. Its key appeal lies in its balance of space and value. With 1,113 sqft of living area, it sits comfortably around the average for its street, neighborhood, and city, offering a practical footprint for everyday living. A notable characteristic is its land area of 6,108 sqft, which is above the citywide average, providing a larger-than-typical yard space for the area—a valuable asset for gardening, recreation, or future expansion.
The home’s assessed value of $354k is below the average for both Emerson Avenue and the broader River East neighborhood, suggesting a potentially accessible entry point into the area. This combination—a functional home size on a generous lot at a value-conscious assessment—creates a pragmatic opportunity. It would suit a first-time homebuyer looking for space to grow, a value-oriented investor, or a downsizer seeking a manageable home with ample outdoor space without a premium price tag. Its older vintage means buyers should be prepared for the character and potential maintenance needs of a 67-year-old home, but it also represents a piece of established, mature neighborhood fabric.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold between $300k-$350k in June 2019. Its current assessed value of $354k is below the average for its immediate street and neighborhood, indicating it may be positioned competitively in the current market.
2. Is the living space small for the area?
At 1,113 sqft, the living area is very close to the citywide average and is typical for the street. It is not considered small for the market, but rather a standard, efficient size for a family home of its era.
3. What does the "below average" year built ranking mean?
Built in 1959, this home is older than most on its street and in River East, where average build years are 1975-1976. This doesn't necessarily indicate condition, but it does mean the structure and systems are from an older generation, which can influence renovation needs, energy efficiency, and layout style.
4. What are the advantages of the larger lot size?
With a land area above the Winnipeg average, this property offers more outdoor space than many comparable homes. This allows for greater privacy, landscaping potential, room for additions like a shed or deck, and is a finite feature that can add long-term value.
5. How can I verify the exact historical sold price?
The public data shown is an estimated range. To obtain the exact, verified sale history and figures, you must request a manual lookup via email through the site, as this information is not sourced from the MLS database.