Property Overview: 1027 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This 1953-built home in the Robertson neighborhood presents a compelling mix of established value and manageable scale. At 907 square feet, its living space is modest, particularly compared to larger homes on Cathedral Avenue, but it sits on a generous 5,361 sqft lot that is above average for both the street and the area. This suggests a home where the outdoor space may be a more significant feature than the interior footprint.
The property’s primary appeal lies in its strong assessed value of $348k, which ranks in the top 3% for the Robertson neighborhood and top 7% on its street. This indicates it is viewed as a high-value asset within its immediate context, despite its smaller size. Recent sale history shows a clear trajectory of value growth, with the last sale in mid-2024 placing it in a significantly higher percentile than its sale in early 2021.
This home would suit a pragmatic buyer—perhaps a first-time homeowner, downsizer, or investor—who prioritizes land value and location over sheer interior space. It’s a property that represents an entry into a well-regarded local area without the maintenance of a very large house, offering potential for outdoor enjoyment or future expansion, subject to approvals.
Frequently Asked Questions
1. Is the house small compared to others in the area?
Yes. At 907 sqft, the living area is below the average for Cathedral Avenue and Winnipeg overall. However, it is close to the average size for the broader Robertson neighborhood, indicating it's more typical of the wider community than its specific street.
2. Why is the assessed value so high relative to the home's size?
The assessed value ranks in the elite tier for Robertson, suggesting factors beyond square footage are at play. The larger-than-average lot size, the property's age relative to older neighbors, and its location on Cathedral Avenue likely contribute significantly to its valuation.
3. What does the recent sale history indicate?
The home sold in mid-2024 in a price range that placed it in the top 3% for both the street and neighborhood, a notable increase from its top 7-11% ranking in early 2021. This points to strong appreciation in perceived market value over a three-year period.
4. How does the lot size compare?
The lot is a standout feature. At over 5,300 sqft, it is larger than most lots on Cathedral Avenue and in the Robertson area, offering more outdoor space than is typical for the setting.
5. How can I verify the exact past sale prices?
The site provides sold price ranges. Due to industry data rules, exact figures require a manual lookup. You can request this information via email from the site provider, who states they will provide the exact history without using your contact for marketing.