Property Overview: 467 Sutton Avenue, Winnipeg
Key Characteristics & Appeal
This 1971-built home in Rossmere-A stands out for its above-average proportions and established value within its immediate area. With 1,441 sqft of living space, it is notably larger than most homes on Sutton Avenue and in the wider neighborhood, ranking in the top 4% and 8% respectively. The lot size of 6,775 sqft is also a significant asset, offering more outdoor space than roughly 90% of nearby properties.
The home’s primary appeal lies in its position as a substantial, well-situated property on a street of generally more modest homes. Its assessed value of $427k ranks in the top 3% on the street and top 4% in the neighborhood, suggesting it is perceived as a premium property in its local context. A less obvious perspective is that while it ranks as "around average" city-wide for size and value, it offers a relative bargain for its specific area—providing more house and land for the dollar compared to immediate neighbors. This property would suit buyers looking for a spacious family home in a mature neighborhood who value a larger lot for privacy, gardening, or expansion potential over a newer build in a different area.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $427k is for municipal tax purposes. The home last sold between $450k-$500k in mid-2022, which is a more current market indicator. The exact sale price can be requested from the site.
2. Is the home newer or older than others nearby?
Built in 1971, it is newer than the average home on Sutton Avenue (avg. 1965) and in Rossmere-A (avg. 1964), placing it in the top 20% for year built in the local area.
3. What does the "around average" city-wide ranking mean?
While the home is elite on its street and in its neighborhood for size and value, it falls near the middle third of all Winnipeg homes. This indicates it is a standout property in its specific community rather than a luxury property by broader city standards.
4. How does the lot size compare?
The 6,775 sqft lot is significantly larger than the street average (~5,434 sqft) and neighborhood average (~5,685 sqft), offering more outdoor space than most comparable properties nearby.
5. Are sold prices for nearby properties available for comparison?
The page lists several nearby properties with their assessed values and living areas for comparison. Exact historical sold prices are not displayed publicly but can be provided manually upon request via email.