Property Overview: 394 Armstrong Avenue, Winnipeg
Key Characteristics & Appeal
This 1,157 sqft bungalow, built in 1965, presents a solid, no-surprises opportunity in the Margaret Park neighbourhood. Its primary appeal lies in its balanced metrics and above-average lot size. The living space is typical for the street and area, but the 5,524 sqft lot stands out, ranking in the top 18% on Armstrong Avenue. This offers valuable outdoor space and potential for gardening, expansion, or simply more privacy than neighbouring properties.
The home’s assessed value is consistently around the median when compared to the street, neighbourhood, and wider city, suggesting it is priced appropriately within its market context. It suits practical buyers looking for a manageable-sized home without the premium of a new build, but who value a larger-than-standard yard. It would be a good fit for first-time homeowners, small families, or downsizers seeking a single-level layout and a stable, established community. The value proposition is one of steadiness: you’re not paying for top-tier finishes or the newest construction, but you are securing a proportionally generous piece of land in a well-ranked location.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The land area of 5,524 sqft is notably larger than many comparable properties on the same street and in Margaret Park, placing it in the top 18% and 32% respectively for lot size. This is a key differentiator for this property.
2. What is the exact historical sale price?
Public records show a sale between CA$250k–300k in 2016. For precise sale figures, you must request the exact data via email from the listing service, as they provide that detail manually.
3. Is the home’s size considered small or large for the area?
At 1,157 sqft, the living area is very close to the average for both Armstrong Avenue (avg. 1,131 sqft) and the wider Margaret Park neighbourhood (avg. 1,047 sqft). It is a standard size for homes of this era in this location.
4. What do the "Top X%" rankings mean?
These rankings compare this specific property against groups of similar homes. For example, "Top 18% for Land Area" means this property’s lot is larger than 82% of the 112 comparable homes on Armstrong Avenue. It’s a relative performance indicator within each category.
5. How can I see this property in context with its neighbours?
The listing provides a link to an interactive neighbourhood analysis map. This tool allows you to visually compare this home’s year built, living area, assessed value, and lot size directly against nearby houses.