Property Overview: 252 Emerson Avenue, Winnipeg
Key Characteristics & Buyer Profile
This 1978-built home in River East presents a practical opportunity in a mature neighborhood. At 1,033 sqft, the living space is modest and below local averages, suggesting a home best suited for a smaller household, a first-time buyer, or an investor. Its primary appeal lies in its solid positioning relative to value and land. The assessed value of $362k is consistently around the average for the street, area, and city, indicating a stable, fairly priced asset without significant premium or discount. The 6,102 sqft lot is a standout, ranking above average city-wide, offering valuable outdoor space or future potential not found in newer subdivisions.
The home’s age (newer than many on its street) is a positive, potentially implying fewer immediate major system updates than older peers. The appeal is grounded in value stability, generous lot size, and a move-in-ready timeline for a buyer comfortable with a cozier interior footprint. It would suit a pragmatic buyer looking for a fair market entry in a well-established area, who prioritizes land over square footage and seeks a property that aligns closely with neighborhood norms without surprises.
Frequently Asked Questions
1. Is the home priced fairly compared to the area?
The assessed value is very closely aligned with averages for the street, neighborhood, and city, suggesting it is priced within the expected market range for its specifications.
2. How does the home's size compare to others?
The living area of 1,033 sqft is below the average for similar homes on Emerson Avenue, in River East, and across Winnipeg. This indicates a more compact living space.
3. What is the significance of the lot size?
At over 6,100 sqft, the lot is larger than the Winnipeg average for comparable homes. This is a key feature, offering more yard space than many properties city-wide.
4. How old is this home relative to its neighbors?
Built in 1978, it is newer than the average home on Emerson Avenue, which may be advantageous for the condition of certain structural components.
5. How can I verify the past sale price mentioned?
The site provides an estimated sold price range from 2020 based on 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.