337 Regent Avenue W

Property Overview

This home at 337 Regent Avenue W in Victoria West is a classic, post-war property that presents a clear value proposition within its established neighbourhood. Its key characteristic is its compact, efficient size. With 696 sqft of living space, the home is notably smaller than averages for the street, area, and city, placing it in the top 90+ percentiles for being compact. This is balanced by a assessed value of $284k, which is very close to the local averages on Regent Avenue and in Victoria West, but sits comfortably below the Winnipeg-wide average. The lot size is typical for the immediate area. Built in 1948, it aligns with the vintage of the community.

Its appeal lies in its affordability and manageability. It offers an entry point into a mature neighbourhood without the premium price tag of a larger, renovated home. The efficient footprint suggests lower utility costs and less maintenance, while the standard lot provides outdoor space. This property would suit first-time buyers, downsizers looking to rightsize, or pragmatic investors seeking a character home with straightforward upkeep. It’s for those who prioritize location and lot over square footage, and who see potential in a smaller, cozy canvas.

Frequently Asked Questions

1. Is this considered a small house?
Yes, at 696 sqft, the living area is significantly smaller than the Winnipeg average. However, it is very typical for the specific context of Regent Avenue W and the Victoria West neighbourhood, where many homes are of a similar vintage and scale.

2. How does the assessed value compare?
The $284k assessment is almost exactly the average for Regent Avenue W and Victoria West. This indicates the property is priced in line with its direct peers, but represents a value compared to the much higher citywide average, suggesting you’re paying for the local location, not excess space.

3. What does the "top 92%" ranking for living area mean?
This statistic means the home's living area is smaller than 92% of comparable homes on its street. It’s a neutral metric of size, not quality. For a buyer seeking a smaller, easier-to-maintain home, this high percentile can be a positive indicator of efficiency.

4. Is the lot a good size?
At just over 4,000 sqft, the lot is standard for the street and neighbourhood. It provides a decent backyard space typical of the area, but is not an unusually large parcel.

5. What are the implications of a 1948 build date?
This is a solidly built, character home from the post-war era. Buyers should expect the potential for original features but also the need for updates to major systems (like plumbing, electrical, or windows) that are common for homes of this age. It’s contemporaneous with most of the surrounding houses.