Property Overview: 765 Polson Avenue, Winnipeg
Key Characteristics & Appeal
This 888 sqft home, built in 1951, presents a compelling mix of modest living space and a generous, above-average lot size of 4,579 sqft in Winnipeg's Robertson neighborhood. Its primary appeal lies in its strong position within its immediate context. While the home's footprint is smaller than many in the city, its assessed value of $327k ranks notably high for its street and area (top 8% and 7%, respectively), suggesting it is perceived as a premium property within its local market. This indicates potential for well-maintained condition, desirable features, or a particularly advantageous location on the block.
The property suits practical buyers looking for value in an established neighborhood. It's ideal for first-time homeowners, downsizers, or investors who prioritize a larger yard over expansive interior square footage. The data suggests a buyer who understands that value is often hyper-local; this home appears to be a standout on its street compared to neighboring properties, which could translate to better stability or slower depreciation in a fluctuating market. It’s a property for someone who sees the potential in land and location, rather than just the size of the house itself.
Frequently Asked Questions
1. Why is the assessed value so high compared to other homes on the street?
The assessed value is in the top 8% for Polson Avenue, significantly above the street average. This typically reflects factors like renovations, additions, superior condition, or a more desirable placement on the lot that municipal assessment models recognize.
2. How does the smaller living area impact livability and value?
At 888 sqft, the living space is efficient. It may suit those seeking lower utility costs and less maintenance. The value is supported by the larger-than-average lot, offering room for expansion, gardening, or outdoor living—a trade-off that many buyers in established neighborhoods find appealing.
3. What does the recent sale history indicate?
Records show it sold between $250k-$300k in mid-2021. This sale price range was in the top 21-27% for the area at that time, reinforcing that this property has consistently commanded a premium relative to its immediate peers.
4. Are the property taxes likely to be high?
Given the assessed value is well above the local averages for the street and Robertson area, the municipal property taxes will likely be correspondingly higher than those for neighboring homes with lower assessments.
5. Where can I get verified, exact sale price details?
The public data shows sold price ranges. To obtain the exact historical sale figures and a full transaction history, you must request a manual lookup from the site provider, as MLS data is not displayed due to industry regulations.