Property Overview: 1020 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This home at 1020 Cathedral Avenue in the Robertson neighborhood presents a compelling blend of space, value, and established character. Built in 1953, it is notably newer than many homes on its street and in the wider area. Its primary appeal lies in its generous proportions relative to its immediate surroundings. With 1,416 sqft of living area, it ranks in the top 3% within Robertson, offering significantly more interior space than the neighborhood average. This is complemented by a large, private lot of nearly 5,900 sqft, which is well above average for both the street and the area.
The home’s assessed value of $302,000 sits above the local street average but notably below the Winnipeg city average, suggesting a strong value proposition for the amount of space and land offered. Recent sold data indicates it transacted in a competitive price range. This property would suit a practical buyer looking for room to grow or simply more breathing room without a premium city-wide price tag. It’s ideal for someone who values a larger lot for gardening, pets, or future projects, and appreciates a home that stands out in its local context for its size and more modern vintage compared to its neighbors.
Frequently Asked Questions
1. How does this home’s size really compare to others?
While its living area is around the city average, it is exceptionally spacious for the Robertson neighborhood (top 3%) and above average for its specific street. You are getting a home that feels roomy in its immediate community.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is a historical snapshot. This home recently sold for an estimated $350k-$400k, which is significantly higher than its $302k assessment, reflecting strong market demand and the fact that assessed values often lag behind current market values.
3. What does the 1953 build year mean for maintenance?
Built in 1953, this home is newer than many on its street (average year built 1930). This can suggest updated infrastructure compared to much older homes, but a professional inspection is still essential to understand the condition of major systems like plumbing, electrical, and the roof.
4. How does the large lot size benefit me?
At nearly 5,900 sqft, the lot is over 25% larger than the street average. This offers greater privacy, more outdoor living space, and valuable flexibility for additions, landscaping, or recreational use that is harder to find on standard-sized lots.
5. Where can I get the exact sold price history?
Due to industry data restrictions, exact sold prices are not published directly on the site. You can request the verified transaction history and exact figures by emailing the provided contact, which will be supplied manually.