Property Overview: 1127 Mountain Avenue, Winnipeg
Key Characteristics & Appeal
This 972 sqft home, built in 1954, presents a solid and practical opportunity in Winnipeg's Robertson neighborhood. Its primary appeal lies in its strong value proposition within its immediate area. While its living space is modest compared to the Winnipeg average, it stands on a decent 4,079 sqft lot and, most notably, carries an assessed value ($287k) that is significantly above the street average. This suggests the property is viewed as a higher-quality asset on Mountain Avenue itself.
The home would suit first-time buyers or practical investors seeking a foothold in a mature neighborhood without a premium city-wide price tag. It’s a property that makes more sense when evaluated on a hyper-local level—it’s a top-tier home for its specific street, offering relative newness and value there, rather than competing with larger, newer suburban homes city-wide. The 2016 sale price indicates a history of being an affordable entry point, and its current assessment hints at stability or appreciation in its direct vicinity.
Frequently Asked Questions
1. Is this a good value for the neighborhood?
The data suggests it is a strong value for Mountain Avenue itself, with an assessed value in the top 9% on the street. Compared to the broader Robertson area, its value is around average.
2. What does the assessed value being "above average" for the street indicate?
It typically reflects factors like the property's condition, improvements, or desirable attributes relative to its immediate neighbors. Given the home is also newer than most on the street, this likely contributes to its higher assessment.
3. How does the living area compare to typical Winnipeg homes?
At 972 sqft, the living space is below the Winnipeg average. This points to a more compact, efficient layout, which may appeal to those seeking lower utility costs and less maintenance.
4. Can I get the exact historical sale price?
The site provides an estimated sold price range from 2016. To obtain the exact figure and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. How does the lot size impact potential?
The lot is just under average for the street and neighborhood. It provides adequate outdoor space but may limit extensive expansions. However, for its living area, the lot offers a balanced ratio of house to yard.