Property Overview: 1087 Polson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1087 Polson Avenue in the Robertson neighborhood presents a solid, value-oriented opportunity. Built in 1955, it is a newer construction compared to many on its street and in the immediate area. Its primary appeal lies in its efficient use of space and its lot size. At just under 1,000 square feet, the living area is manageable and typical for the neighborhood, but the property stands out with a land area of nearly 5,000 square feet, which is notably larger than most lots on the block. This combination suggests a home that is easier to maintain than a larger property, yet offers valuable outdoor space for gardening, recreation, or future expansion.
The assessed value of $299k is above average for both the street and Robertson area, indicating the property is well-regarded in its local market, though it sits below the Winnipeg city average. This positions it as an accessible entry point into homeownership, particularly for those priced out of more expensive city sectors. It would suit first-time buyers, downsizers looking for a lower-maintenance footprint without sacrificing yard space, or practical investors seeking a property with strong fundamentals in a stable neighborhood. A thoughtful perspective is that this home represents the "missing middle" in Winnipeg's housing spectrum—it’s not a starter condo or a sprawling suburban home, but a modest, grounded single-family house with room to breathe.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 960 sqft, the living area is very close to the neighborhood average (977 sqft) and is a practical, mid-range size for the street. It is, however, below the citywide average, reflecting its efficient, no-frills layout.
2. Is the lot size a significant feature?
Yes. The lot of 4,927 sqft is over 25% larger than the average lot on Polson Avenue. This is a key asset, offering more private outdoor space than most comparable properties in the immediate vicinity.
3. What does the sold price history indicate?
Records show it sold between $300,000 and $350,000 in November 2023. This sale price range placed it in the top 10% for the Robertson area at that time, confirming strong market demand for well-positioned properties here.
4. Is this considered an older home?
While built in 1955, it is actually newer than many homes on its street (average year built: 1934) and in the Robertson area (average: 1949). This may suggest potentially fewer issues associated with very early 20th-century construction.
5. How is the value positioned in the broader Winnipeg market?
The assessed value is above average for its local area but below the Winnipeg city average. This typically means you are paying for the specific property and location attributes in Robertson rather than a citywide premium, offering relative value within the broader market.