Property Overview: 646 Brock Street, Central River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Central River Heights sits on a generous, above-average lot for the immediate street. Built in 1955, it is a newer construction compared to many homes in this established neighbourhood. The home itself offers a practical living space that is very typical for Winnipeg, with a recently renovated basement adding modern utility. A detached garage provides additional storage or parking.
The primary appeal lies in its location and land. The lot size is a standout feature for Brock Street, offering more outdoor space than most direct neighbours—a valuable asset for gardening, play, or future expansion. While the living area is standard, the renovated basement effectively expands the usable space. This property suits practical buyers looking for a solid, low-maintenance home in a prime neighbourhood without requiring a major overhaul. It’s ideal for first-time homeowners, downsizers seeking single-level living, or investors attracted by the stable rental demand in River Heights. A thoughtful perspective is that its "average" home size on an "above-average" lot presents a classic value proposition: you're investing significantly in the land and location, with a functional house that offers a blank canvas for personalization over time.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The 5,386 sqft lot is in the top 16% for size on Brock Street itself, meaning it’s notably larger than most direct neighbours. It is also above the average for the Central River Heights area.
2. What is the significance of the 1955 build year?
Built in 1955, this home is newer than about 81% of homes on its street and 90% of homes in Central River Heights. This can suggest potentially fewer concerns with very old infrastructure compared to the neighbourhood's older housing stock.
3. Has the home been updated recently?
The listing confirms the basement has been renovated. The condition of major systems (roof, wiring, plumbing) and the main living area would require confirmation during a viewing or inspection.
4. How does the last sale price relate to its assessed value?
The home sold for $40,200 in May 2022. Its current assessed value is $45,900. This difference highlights that assessed value for taxation is not a market price; a current market valuation would be needed to understand today's value.
5. What is the living space like for the neighbourhood?
At 1,347 sqft, the living area is very close to the city-wide average and is a standard size for the neighbourhood. The renovated basement provides additional flexible space not reflected in the main living area square footage.