Property Summary: 820 Polson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 820 Polson Avenue presents a solid, above-average offering within the established Robertson neighborhood. Built in 1955, it is notably newer than many homes on its street and in the wider area, which can suggest updated infrastructure and potentially lower maintenance needs. With 1,064 sqft of living space, it aligns with the neighborhood norm, offering comfortable space for a smaller household.
The property’s primary appeal lies in its strong value positioning within its immediate context. Its assessed value of $309k ranks well above the street and neighborhood averages, indicating it is perceived as a higher-quality asset compared to its direct peers. This is complemented by a land area of 4,702 sqft, which is generous for the street, offering good outdoor space and potential.
This home would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a stable investment in a mature community over a brand-new build. It’s for someone who appreciates having a home that stands favorably against its neighbors in terms of lot size, modern build year, and assessed value, while providing a manageable footprint.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value ($309k) is for municipal tax purposes and is typically below market value. It is a useful benchmark showing this home is valued above average for its street and neighborhood, but the final sale price will be determined by current market conditions.
2. The home sold between $250k-$300k in 2019. What does that tell us?
This past sale price provides a historical anchor. The current assessed value being higher suggests municipal assessment has recognized increased value, possibly due to market appreciation or improvements. It’s a starting point for understanding equity growth.
3. The home is newer than most on the street. What are the implications?
A 1955 build date is more recent than the street average (1934). This often, though not always, correlates with more modern electrical, plumbing, and insulation standards, which could mean fewer major system updates and potentially better energy efficiency.
4. How does the lot size compare, and why does it matter?
At 4,702 sqft, the lot is larger than the street average. This offers more private outdoor space, better potential for gardening or additions, and often contributes to the above-average assessed value relative to nearby properties.
5. Where can I get verified sale price history for this property?
The site notes that exact sold price data requires a manual lookup due to industry rules. You can request this information directly via email through the provided link to receive verified figures.