Property Overview: 119 Malmsbury Avenue, Winnipeg
Key Characteristics & Appeal
This 1984-built home in River Park South offers a practical and well-sized living space of 1,634 sqft, which is consistently above average for its street, neighborhood, and the city of Winnipeg. Its assessed value of $410,000 is positioned around the local average, suggesting a stable, mid-market investment without a significant premium for size. The lot is a standard suburban size at just over 5,000 sqft.
The primary appeal lies in its established, predictable nature. It’s a home in a mature neighborhood where the fundamentals—size, age, and value—are all squarely in line with or better than the surrounding norms. This isn’t a standout fixer-upper or a luxury property; it’s a solid, above-average-sized home in a settled area. It would suit buyers looking for a move-in-ready, no-surprises family home in a convenient Winnipeg suburb, particularly those who value space and neighborhood consistency over a brand-new build or a dramatic renovation project. A thoughtful perspective is that its "above average" size paired with an "around average" value could indicate good value for square footage, or it may reflect the trade-offs of an older home that hasn’t been fully modernized.
Frequently Asked Questions
1. How does the living area truly compare to nearby homes?
At 1,634 sqft, this home is larger than approximately 76% of comparable homes on its street and 70% in the wider city, making its interior space one of its strongest assets.
2. Is the assessed value a reliable indicator of its market price?
The assessed value of $410,000 is very close to the street average. It provides a stable baseline, but the final sale price will depend on current market conditions, the home’s interior condition, and recent upgrades not reflected in the assessment.
3. What does the sale history tell us?
Records show it last sold between $350,000-$400,000 in September 2020. This past price, combined with the current assessment, suggests steady, moderate appreciation in line with the area.
4. How does the lot size compare?
The 5,027 sqft lot is typical for the area, slightly smaller than the street average but very common for the neighborhood. It offers standard backyard space for a family home without being overly large to maintain.
5. Where can I get verified sale price data for this home?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the provider, who will manually look up the information.