Property Summary: 752 Cathedral Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a character home built in 1909, offering a practical footprint of approximately 1,219 square feet on a standard city lot. Its appeal lies in its position as a relatively affordable entry into the Robertson neighborhood, with an assessed value notably below both area and city averages. The living space is above average for the immediate neighborhood, suggesting a comfortable size compared to many nearby homes.
The property would suit a value-conscious buyer, such as a first-time homeowner or practical investor, who prioritizes space and location over modern construction. It represents a classic Winnipeg trade-off: you acquire a character home with potential, likely at a lower price point, while accepting the maintenance considerations and upgrade projects typical of a 115-year-old structure. A thoughtful perspective is that its older vintage, while requiring attention, often comes with construction materials and lot placements not found in newer builds, offering a different kind of value for the right buyer.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $207k is a benchmark for municipal taxes, not a market price. Given it's below area and city averages, it suggests a potentially lower purchase price, but the final sale price will depend on condition, market demand, and recent comparable sales.
2. How does the age of the home (1909) impact its value and cost?
The year built, 1909, places it among the oldest homes in the area. This can mean charming original features but also implies a greater potential need for updates to major systems like wiring, plumbing, or insulation, which should be factored into budgeting.
3. The home sold between $200k-$250k in 2021. What does that tell us?
This recent sale history confirms it transacts as an affordable property within its market. The price range from 2021 provides a recent anchor point, but current value will be influenced by market changes and any improvements made since then.
4. The living area is ranked highly in the neighborhood but average city-wide. What does this mean?
It means that for the Robertson area, this home offers more interior space than most of its neighbors. Compared to all of Winnipeg, it's a typical size. This highlights its local appeal as a relatively spacious option in its specific community.
5. How can I verify the exact historical sale prices?
The provided data is based on public records, not the MLS. To obtain fully verified and exact sale figures, you must request a manual lookup from the site via email, as industry rules prevent the direct display of MLS sold records here.