Property Overview
28 Algonquin Avenue is a substantial family home in Winnipeg's River East neighborhood, distinguished by its significant size both in living space and land. Built in 1975, it offers over 3,300 square feet of living area on a lot exceeding 13,000 square feet. Its appeal lies in offering a rare combination of generous interior space and extensive outdoor grounds, a pairing that is increasingly uncommon in urban settings. The home is positioned within a well-established street where it stands out, ranking in the top tier for size and value among its immediate and area peers.
This property would best suit buyers looking for long-term family living with ample room to grow, entertain, or enjoy privacy. It appeals to those who value space over a newer build and appreciate a home that offers a strong foundation in a mature neighborhood. It’s a practical choice for someone seeking a property with established landscaping and a sense of permanence, rather than a modern renovation project.
Frequently Asked Questions
1. How does the home’s assessed value compare to its likely market price?
The home is assessed at $620,000, which places it well above averages for the street, neighborhood, and city. Historical sale data from early 2021 shows it sold in the $600k-$650k range, suggesting the assessment is closely aligned with recent market activity. Buyers should consider current market conditions for the most accurate pricing.
2. What are the less obvious advantages of a property with such a large lot?
Beyond privacy and space for recreation, a lot of this size (over a quarter-acre) offers long-term flexibility. It provides room for potential additions like a large garage, workshop, or garden, and may present future subdivision opportunities subject to zoning, adding a layer of value beyond the home itself.
3. The home was built in 1975. What should I be mindful of?
While the build year is typical for the street, a home of this age will likely have original or aging core components. A thorough inspection of the roof, windows, plumbing, electrical systems, and major appliances like the furnace is essential. The potential for needed updates should be factored into budgeting.
4. The home ranks in the top 1% for size in River East. What does that mean practically?
This statistic underscores that the home offers a level of interior space that is exceptional for the area. It suggests you are getting a property that is physically larger than 99% of its neighborhood peers, which is a key differentiator for growing or multi-generational families seeking ample room.
5. Where can I get verified historical sale price data for this property?
The site provides sold price ranges based on public data. For fully verified and exact transaction figures, you must request a manual lookup via email, as this system does not include or display MLS sold records due to industry rules.