Property Overview: 417 Monreith Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's Robertson neighborhood. Built in 1948, its 888 sqft living area is typical for the immediate street and area, offering a manageable footprint. The assessed value of $246k is also aligned with local averages, positioning it as a straightforward, value-conscious entry into the market.
The property’s standout feature is its 4,201 sqft lot, which is larger than most on the block. This offers valuable outdoor space and potential not always found in homes of this era and price point. Recent sales data suggests strong demand for similar homes on this street.
This home would suit first-time buyers or practical investors looking for a solid, no-frills property in an established neighborhood. Its appeal lies in its consistency with the area—it’s not an outlier in size or value, which can mean stability and predictable costs. The generous lot size is a bonus for those envisioning a garden, expansion, or simply more private outdoor space than the neighbors.
Section 2: Frequently Asked Questions
1. How does this home compare to others nearby?
In terms of living space, year built, and assessed value, this property is consistently around the average for Monreith Street and the broader Robertson area. Its lot size, however, is above average for the street.
2. What is the likely sold price?
Based on available data, a home in this category on this street recently sold within the $250k-$300k range. For verified, exact historical sale figures, a manual lookup can be requested.
3. Is the living space smaller than a typical Winnipeg home?
Yes. While the home’s size is typical for its specific neighborhood, it is below the city-wide average living area, which is over 1,300 sqft. This reflects the character of many established inner-city neighborhoods.
4. What does the "below average" city-wide ranking mean for value?
Rankings below the city-wide average for size and value primarily indicate this is a more compact, affordable home compared to the Winnipeg market overall. This can be an advantage for buyers seeking lower property taxes and a manageable space.
5. Can I see how this property fits into the neighborhood?
A detailed neighborhood analysis map is available to compare this home with immediate neighbors on factors like year built, lot size, and assessed value.