Property Overview: 1244 Spruce Street, Sargent Park, Winnipeg
Key Characteristics & Appeal
This 1,149 sqft home, built in 1951, presents a solid opportunity in Winnipeg's Sargent Park neighborhood. Its primary appeal lies in offering above-average space and a generous lot relative to its immediate area. The living area ranks in the top 28% on its street and top 21% in Sargent Park, meaning it provides more interior room than most comparable local homes. The 3,954 sqft lot is also notably larger than nearby properties, offering valuable outdoor space or future potential.
The assessed value of $261k is very typical for Sargent Park and Spruce Street, positioning it as a standard offering within this market segment. A thoughtful perspective is that while the home may feel average in its immediate context, it represents a more affordable entry point compared to the Winnipeg city-wide average, where similar assessed values are less common. The 1951 build date is newer than many homes in the area, which may suggest updates or a different architectural style than pre-war stock.
This property would suit practical, value-conscious buyers looking for a well-sized home and yard in an established neighborhood without a premium price tag. It's a match for someone prioritizing interior and land space over a newer build or a city-wide "below average" assessment, which here reflects the area's affordability rather than the property's specific condition.
Frequently Asked Questions
1. How does the assessed value compare to likely selling prices?
The assessed value of $261k is for municipal tax purposes and is typically close to market value for the area. In Sargent Park, it sits squarely in the average range, so a sale price near this figure would be expected, though final price depends on condition, updates, and market timing.
2. Is the 1951 build date an advantage?
Compared to the neighborhood average build year of 1937, this 1951 home is relatively newer. This could mean construction methods or layout styles from a later period, and potentially less immediate concern for some aging components common in much older homes.
3. What does the "below average" city-wide ranking for value mean?
This indicates the home's assessed value is less than the Winnipeg city-wide average for comparable homes (which is $390.1k). This is not a negative mark on the property itself, but rather reflects Sargent Park's position as a more affordable neighborhood within the broader city market.
4. How usable is the large lot?
At 3,954 sqft, the lot is significantly larger than those of immediate neighbors. This allows for more private outdoor space, gardening, or recreational area. It's a key feature that may not be apparent from the street but adds tangible value.
5. How can I get precise historical sales data for this home?
The provided data does not include MLS sales history. To obtain verified, exact sold prices and transaction history, you must request a manual lookup via email through the site, which the providers will complete and send directly to you.