Property Overview: 1038 Polson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 920 sqft home, built in 1955, presents a practical opportunity in Winnipeg's Robertson neighborhood. Its primary appeal lies in its strong value proposition within its immediate context. While the living space is below the city average, the property's assessed value of $299k is notably above average for both Polson Avenue and the wider Robertson area. This suggests it may offer more house for your dollar within this specific locale compared to nearby peers.
The lot size is standard for the street, and the 1955 build date is newer than many homes in the area, which can be an advantage for systems and maintenance. The home last sold between $250k-$300k in late 2019.
This property would best suit a value-conscious buyer, such as a first-time homeowner or an investor, who prioritizes equity in a established neighborhood over sheer square footage. It’s for someone who understands that a home's value is often relative to its immediate surroundings, not just city-wide averages. The data indicates you’re buying into a street and neighborhood where this home stands above the norm in terms of assessed value, which can be a stabilizing factor.
Section 2: Frequently Asked Questions
1. Is this home smaller than most in Winnipeg?
Yes. At 920 sqft, the living area is below the Winnipeg average. However, it is much closer to the average size for the Robertson neighborhood itself.
2. Why is the assessed value higher than many neighbors if the house is smaller?
A higher assessment relative to nearby homes can be influenced by several factors, including the property's condition, updates, specific location on the street, and the newer construction year (1955) compared to the street average (1934). It indicates the municipality sees added value here.
3. What does the sold price range from 2019 tell us?
The prior sale in the $250k-$300k range aligns closely with the current $299k assessment, suggesting a history of stable valuation in this price bracket.
4. How does the lot size compare?
The 4,081 sqft lot is typical for Polson Avenue. It is not an unusually large lot, but it is consistent with the local streetscape.
5. Where can I get the exact historical sold prices?
This site provides estimated ranges. For fully verified and exact sales history, you must request a manual lookup via email, as MLS data is not displayed here due to industry regulations.