Property Overview
This home at 921 Cathedral Avenue presents a compelling mix of established neighborhood character and solid value. Built in 1952, its 998 sqft living space sits on a 5,088 sqft lot in the Robertson neighborhood. The data reveals a property that stands out locally for its assessed value, which ranks in the top 3% of its neighborhood, suggesting it is viewed as a premium home within this specific area. Its appeal lies in offering a well-sized lot and a home that is newer than many on its street, providing a balance of space, location, and a relatively modern foundation compared to immediate neighbors. It would suit practical buyers looking for a home with strong intrinsic value in a mature community, or those interested in a property with a valuation that already leads its local market, potentially indicating less need for immediate upgrades compared to area averages.
Frequently Asked Questions
What does the "Elite" assessed value ranking mean for this home?
It means the municipal assessment for this property is in the top 3% within the Robertson neighborhood. This typically reflects factors like the home's condition, size, and improvements relative to others nearby. It can indicate a well-maintained or updated property for the area, but it's important to distinguish assessed value for taxes from current market value.
How does the living area compare to typical Winnipeg homes?
At 998 sqft, the living area is below the Winnipeg city-wide average of 1,342 sqft for comparable homes. This highlights that the property's appeal is more focused on its lot size and neighborhood positioning rather than expansive interior square footage.
Is the lot size a significant feature?
Yes. The land area of 5,088 sqft is above average for both the street and the Robertson neighborhood. This offers more outdoor space than many surrounding properties, which is a valuable and less common asset in established city neighborhoods.
The home sold in 2019; how can I find the exact price?
The site provides a sold price range from its available data. Due to industry regulations, exact MLS sold prices are not displayed publicly here. You can request the exact historical sold figures via email through the provided link on the property page for a manual lookup.
How does the year built affect this property?
Built in 1952, the home is notably newer than the 1930 average for Cathedral Avenue. This can be an advantage, potentially meaning updates to foundational systems or design elements that are more modern than many direct neighbors, while still being part of the area's classic housing stock.