Property Overview: 367 Bonner Avenue, Winnipeg
Key Characteristics & Appeal
This home at 367 Bonner Avenue in River East presents a solid, above-average offering in several key metrics. Its primary appeal lies in its generous living space of 1,674 sqft, which ranks within the top quarter of homes locally and citywide. The assessed value of $445k is consistently above area and city averages, suggesting a well-regarded property in its market tier. Built in 1973, it is typical for its street but is slightly older than many homes in the broader River East neighborhood.
The lot size of 5,498 sqft is notably smaller than most on Bonner Avenue, which could mean less yard maintenance—a practical advantage for some buyers. This property would suit a buyer looking for move-in-ready space in an established neighborhood, who prioritizes interior square footage over a large yard. It’s a pragmatic choice for those seeking a home that performs well on core value and size metrics without being an outlier, offering a balance of space, location, and investment at a mid-range price point.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $450k and $500k in August 2022, which aligned closely with or slightly above its current assessed value of $445k. This indicates the assessment is in line with recent market activity.
2. Is the living space larger than most homes in Winnipeg?
Yes. With 1,674 sqft, this home’s living area is above average, ranking in the top 22-23% compared to both the neighborhood and the entire city.
3. Why is the lot size ranked lower than other features?
The property’s lot is under 5,500 sqft, which is significantly smaller than the average lot on Bonner Avenue (over 10,000 sqft). However, it is much closer to the citywide average, making it a typically sized city lot but a compact one for its specific street.
4. How can I find out the exact sold price?
The site provides sold price ranges for general browsing. To obtain the exact, verified sale figure, you must request a manual lookup via email, as this data is not sourced from the MLS system.
5. What does the "year built" ranking mean for this house?
Built in 1973, the home is older than about 78% of comparable properties in the River East area. This suggests the immediate neighborhood has many newer homes, but the property itself is near the city’s average age, so major components like the roof or systems may be due for updates or have been recently modernized.