Property Overview: 261 Stuart Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 261 Stuart Avenue in River East is a classic Winnipeg property that represents a solid, middle-of-the-road opportunity. Built in 1967, its 1,031 sqft living area is modest, ranking below average for both the street and the wider neighborhood. However, its assessed value of $372k is consistently around the average mark at every comparison level—street, neighborhood, and city-wide. This suggests the property is priced appropriately for what it offers, without the premium often attached to larger or fully renovated homes.
The appeal here is grounded in value and potential. The lot size of 5,619 sqft is fairly typical, offering decent outdoor space. For buyers, this home suits those with a realistic budget who are comfortable with a property that may require updates. It’s a practical choice for first-time homeowners looking to enter a stable neighborhood like River East, or for investors seeking a rental property with a reliable assessment value. A less obvious perspective is that its "below average" size could mean lower utility costs and less maintenance, appealing to downsizers or those seeking a simpler footprint without leaving the community.
Section 2: Frequently Asked Questions
1. Is the living area considered small?
Yes. At 1,031 sqft, the home's living space is below the average for Stuart Avenue, the River East neighborhood, and Winnipeg overall.
2. How does its assessed value compare to nearby homes?
Its $372,000 assessment is very typical. It ranks close to the middle of the pack on its own street and is around the average for both River East and the entire city.
3. When was it last sold and for how much?
It sold in June 2017. The exact price is not publicly displayed, but it fell within the $300,000 to $350,000 range at that time.
4. What is the property’s most standout feature from the data?
Its consistency. While the living area is modest, the assessed value, year built, and lot size all hover very close to local averages, indicating a property that is unexceptional but fundamentally aligned with its surroundings.
5. How can I find out the exact historical sale prices?
The site does not display exact figures publicly due to data source rules. You can request the full transaction history and exact sold prices by emailing them directly; they provide this information manually at no cost.