Property Overview & Appeal
This home at 405 Armstrong Avenue in Winnipeg's Margaret Park neighbourhood presents a solid, middle-of-the-market opportunity. Its key characteristic is balance: with 1,059 sqft of living space and a 1965 build date, it sits around the average for its street and area. The standout feature is the lot size—at 5,272 sqft, it ranks in the top 22% on Armstrong Avenue, offering above-average outdoor space for the location. The assessed value is consistent with the area, and a sale occurred between 2022-2024 in the $300k-$350k range.
The appeal lies in its unassuming, grounded profile. It’s not a top-tier standout, but it avoids the pitfalls of being at the bottom of any key metrics. This makes it a practical canvas. The generous lot is a quiet advantage, offering potential for gardening, expansion, or simply more private space than many neighbouring properties. It would suit first-time buyers or downsizers looking for a manageable home in an established neighbourhood without extreme premiums or fixer-upper risks. It’s a property for those who value practical space over flash, and who see potential in land over a perfectly modernized interior.
Frequently Asked Questions
1. Is this a good value for the area?
Based on the data, it’s positioned squarely in the middle of the market for Margaret Park. Its last sold price and assessed value align with area averages, suggesting it’s priced typically, not as a bargain or an overpay. The larger-than-average lot for the street could be considered a value-add.
2. What does the "above average" lot size mean practically?
Ranking in the top 22% for land area on its street means you likely have more backyard space, side yard space, or a wider frontage than many immediate neighbours. This can provide more privacy, room for additions like a shed or deck, or simply a larger greenspace.
3. The home was built in 1965. What should I consider?
Homes from this era often have solid construction but may require updates to major systems like plumbing, electrical, or windows. It’s wise to budget for potential modernizations that align with current efficiency and safety standards.
4. How does the living space compare to a typical Winnipeg home?
At 1,059 sqft, it’s slightly below the city-wide average for comparable homes. This indicates a comfortable, moderate size suitable for a small family, couple, or individual, but may feel compact for those needing multiple large living areas.
5. Why is the exact sold price not listed publicly?
Exact sale prices in Manitoba are not part of the public record. The range provided is estimated from available data. You can request the precise historical sale price directly from the site via email, as noted in the details.