Property Overview: 1027 Machray Avenue, Winnipeg
Key Characteristics & Appeal
This 1,131 sqft bungalow, built in 1955 on a 6,134 sqft lot, presents a compelling value proposition within Winnipeg's Robertson neighborhood. Its primary appeal lies in its strong standing relative to its immediate surroundings. While the home's size is average for the city, it is notably above average for the Robertson area and sits on a lot size that ranks in the top 5% of the neighborhood. The assessed value of $362k is a key highlight, ranking in the elite top 5% on its street and top 2% in Robertson, suggesting the property is viewed as a premium asset in its local market despite being below the citywide average value.
This property would suit a practical buyer looking for a solid footprint in a established neighborhood. It’s ideal for someone who values a larger-than-typical lot for the area, offering potential for gardening, expansion, or simply more outdoor space. The buyer likely prioritizes the inherent value and equity represented by the high assessment within the community over having a brand-new or maximized living area. It may also appeal to an investor or homeowner who sees potential in a property that already holds a strong assessed value foundation relative to its peers.
Frequently Asked Questions
1. Why is the assessed value so high for the neighborhood?
The assessed value of $362k ranks in the top 2% for Robertson. This typically reflects a combination of the property's above-average lot size, its condition, and any improvements made relative to other homes in the area. It indicates the municipal assessment views this as a premium property within this specific community.
2. How does the living space compare to nearby homes?
At 1,131 sqft, the living area is larger than the Robertson neighborhood average (977 sqft) but slightly smaller than the average on Machray Avenue itself (1,358 sqft). This means the home offers more interior space than many in the broader area, but there are larger homes directly on the same street.
3. What is the likely sold price range based on this data?
The last recorded sale was between $250k-$300k in late 2020. The current assessed value is significantly higher at $362k. For the most accurate and verified historical sold prices, you must request a manual lookup from the site provider, as exact MLS data is not published here.
4. Is the lot size a significant feature?
Yes. The 6,134 sqft lot is a standout feature, ranking in the elite top 5% for the Robertson neighborhood. This provides substantially more outdoor space than the area average (4,457 sqft) and is above the street average as well.
5. The home was built in 1955. Is that older than most in the area?
No, it's actually newer than average for both its street and neighborhood. The average year built on Machray Avenue is 1932, and in Robertson it's 1949, making this a relatively newer home in an established area.