Property Summary: 471 Robertson Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 900 sqft bungalow, built in 1950 on a 4,315 sqft lot, presents a straightforward, value-oriented opportunity in the Robertson neighbourhood. Its core appeal lies in its affordability and manageable scale, with an assessed value significantly below both the local street and Winnipeg city averages. This creates a lower entry point into homeownership.
The home suits first-time buyers, downsizers, or investors seeking a practical footprint without the upkeep of a larger property. Its living area and lot size are typical for its immediate street and neighbourhood, meaning it fits right in without standing out. A thoughtful perspective is that its "below average" metrics city-wide are actually a strength for the right buyer: it represents a chance to secure a functional home while preserving financial flexibility for renovations or other investments. The data suggests you're paying for the essentials of land and shelter here, not for premium size or finishes.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $216k is a starting point for municipal taxation, not a market valuation. Given it's notably below area averages, it may indicate room for market appreciation, but the final sale price will depend on the home's condition, market trends, and buyer demand.
2. How does the living space compare to nearby homes?
At 900 sqft, it's very close to the neighbourhood average (977 sqft) and slightly below the average for its own street (985 sqft). It offers a comfortably average amount of space for the area.
3. What does the sold price history from 2017 tell us?
The home sold for between $150k-$200k in late 2017. This historical data provides a benchmark, but market conditions have likely shifted in the years since. To understand current value, requesting the exact sold prices of more recent, comparable nearby sales is recommended.
4. Are the lot size and year built typical?
Yes. The lot is just slightly smaller than the street average, and the 1950 build date is very common for the Robertson area, which largely developed in the mid-20th century.
5. How can I get more precise historical price data for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request a manual lookup by email, which will provide the full transaction history and exact figures directly.