Property Overview: 131 Donan Street, Winnipeg
Key Characteristics & Appeal
This 1987-built home in Riverbend offers a practical, mid-sized layout of 1,045 sqft on a 4,200 sqft lot. Its core appeal lies in presenting solid value within a stable neighborhood. The assessed value of $378k is notably above the street average, suggesting the property is well-regarded relative to its immediate peers, while its living area is comfortably in line with typical Winnipeg homes.
The home suits first-time buyers or downsizers looking for a manageable space without a premium price tag. Its newer build date compared to most city homes is a practical advantage, potentially meaning fewer major upkeep concerns in the near term. A thoughtful perspective is that the smaller lot, while below area averages, translates to less yard maintenance—an appealing feature for those seeking a low-maintenance lifestyle. The data indicates this isn't the largest home on the block, but it holds its value well on its street, offering a balance of coziness and investment stability.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, the home last sold between $350k-$400k in October 2023. This placed it in the top 17% of sales on Donan Street at the time, indicating strong street-level value.
2. Is the living space smaller than other homes in the area?
At 1,045 sqft, it is slightly below the Riverbend neighborhood average but ranks around the city-wide average. It offers a standard amount of living space for Winnipeg, though some nearby homes are larger.
3. What does the above-average assessed value on the street indicate?
An assessed value ($378k) ranking in the top 26% on its street often reflects factors like condition, updates, or lot desirability compared to neighbors. It suggests the property is assessed favorably within its most direct comparison group.
4. What are the implications of the smaller lot size?
The 4,200 sqft lot is below averages for the street, neighborhood, and city. This typically means a more compact yard, which reduces maintenance but may limit expansion potential or outdoor space.
5. How can I verify the exact historical sold price?
The site provides sold price ranges for general reference. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.