Property Overview: 82 Diamond Street, Winnipeg
Key Characteristics & Appeal
This 1974-built home in River East presents a compelling mix of space and value. Its primary appeal lies in its generous, above-average lot size of over 8,500 sqft—a standout feature that ranks in the top 10% city-wide and offers significant outdoor potential. The 1,403 sqft living area is solidly average for the neighborhood, providing comfortable interior space. With an assessed value of $447k, the property sits above average benchmarks for its street, area, and the city, suggesting a well-regarded position. It recently sold for an estimated $500k-$550k, a price point that ranked highly against comparable sales.
The home is ideally suited for buyers who prioritize land over a newer build, seeing value in the potential for gardens, expansion, or simply more private outdoor space. It would also appeal to those seeking a established, stable neighborhood where the property metrics consistently perform above local averages, indicating a sound investment in a desirable location.
Frequently Asked Questions
How does the lot size compare to nearby properties?
The lot is a key feature. At 8,582 sqft, it is significantly larger than the average for Diamond Street (6,137 sqft) and ranks 3rd largest out of 37 homes on the street.
Is the assessed value a reliable indicator of the sold price?
The assessed value was $447k, and the home sold for an estimated $500k-$550k. This indicates the market value exceeded the municipal assessment, which is common, and confirms the property's above-average valuation in its area.
The home was built in 1974. Is that older than others in the area?
Yes, it is slightly older than the immediate street and neighborhood averages (which are 1975-1976). This means some updates may be expected, but it is very close to the typical age for River East.
What does the "Top X%" ranking mean for the sold price?
The sold price estimate placed in the "Top 8%" on its street, "Top 6%" in River East, and "Top 12%" city-wide for comparable homes. This means it sold for a price higher than the vast majority of similar properties in those scopes during the data period.
How can I verify the exact sold price?
The public data shows a price range. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as they do not display MLS sold records due to industry rules.