Property Overview: 95 Morningmead Walk, Winnipeg
Key Characteristics & Buyer Profile
This 988 sqft home, built in 1973, sits on a 5,508 sqft lot in River East with an assessed value of $349,000. Its appeal is rooted in its position as a solid, average-priced entry point into a stable neighborhood. While the living space is modest—ranking below area and city averages—it represents a manageable footprint for first-time buyers, downsizers, or investors. The lot size is also smaller than many in the immediate area, suggesting lower maintenance.
The data reveals a nuanced story: on its own street, the home holds its own in terms of value and living area, but within the broader River East context, it sits below average for size and value. This positions it as a potentially more affordable option within the neighborhood. Its year of construction is actually newer than many city-wide comparables, a subtle plus. The home last sold between $250k-$300k in 2017, indicating significant equity growth since then.
This property would best suit practical buyers who prioritize location and value over square footage. It’s a candidate for someone seeking a lower-priced foothold in River East, comfortable with a cozier layout, and possibly viewing the smaller yard as a benefit for upkeep.
Frequently Asked Questions
1. Is this home a good value for the River East area?
The assessed value is below the neighborhood average, suggesting you may be paying less for the location compared to larger homes nearby. It represents a value-oriented entry point into the area.
2. How does the size compare to nearby homes?
At 988 sqft, the living area is below the averages for both River East and Winnipeg overall. It is a compact home, so buyers should be comfortable with a more efficient layout.
3. What is the property’s history?
Public records show it was last sold in September 2017 for a price between $250,000 and $300,000. For verified, exact historical sale figures, you can request a manual lookup via email.
4. Is the lot size typical?
The lot is 5,508 sqft, which is below average for both the street and the River East neighborhood. This could mean less outdoor maintenance but also less private space.
5. How does its age affect things?
Built in 1973, it is newer than the city-wide average for comparable homes. While not new, it may have undergone updates over the years, which a viewing and inspection would clarify.