Property Overview: 412 Monreith Street, Winnipeg
Key Characteristics & Appeal
This is a compact, post-war home in Winnipeg's Robertson neighborhood, built in 1949. Its primary characteristic is its modest scale: at 748 sq ft, the living area is notably smaller than most homes in the city, but it sits on a roughly average-sized lot for its immediate street. With an assessed value of $257k, it is priced very close to the average for Monreith Street and the wider Robertson area, representing a more affordable entry point compared to the Winnipeg citywide average.
The appeal lies in its efficiency and location. It suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property in an established neighborhood without a premium price tag. A thoughtful perspective is that its smaller size is typical for its street and era, meaning it fits seamlessly into the community's character. While the home itself is compact, the lot size is competitive on the block, offering potential for outdoor space or future expansion, subject to regulations. It last sold in 2019, and its value metrics suggest it is a stable, benchmark property for its specific locale rather than a standout in terms of size or assessed value.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 748 sq ft, the living area is below the average for Winnipeg overall. However, it is very much in line with the scale of many homes on Monreith Street and in the Robertson neighborhood, where smaller, character homes from the mid-20th century are common.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $257k is a municipal calculation for tax purposes. It is a useful benchmark, showing the home is valued around the average for its immediate street and neighborhood. Market conditions, property condition, and recent upgrades will ultimately determine the sale price.
3. What is the potential for expansion or renovation?
The lot size of 4,197 sq ft is slightly above the street average, which may provide more flexibility for additions, a garage, or landscaping than some neighboring properties. Any plans would require checking local zoning bylaws and obtaining necessary permits.
4. Can I find out the exact price it last sold for?
The public data shows it sold between $200k-$250k in August 2019. For fully verified and exact historical sale figures, you can request a manual lookup via email through the listing site.
5. What are the typical property taxes for a home with this assessment?
Property taxes are calculated by applying the City of Winnipeg's annual mill rate to the assessed value. You can estimate taxes by multiplying the $257,000 assessment by the current residential mill rate (available on the city's website), though the final amount may include additional local service charges.