Property Overview
423 Armstrong Avenue presents a well-situated home in Winnipeg's Margaret Park neighbourhood. Its appeal lies in its solid, middle-of-the-road metrics, offering a balanced proposition without extreme highs or lows. The home, built in 1965, sits on a just-under-5,000 sqft lot and features 1,080 sqft of living space. Its assessed value is notably above average for its immediate street and neighbourhood, suggesting it may be in better condition or have more desirable features than many nearby comparables. The property last sold between $300k-$350k in 2017.
This home would suit a practical buyer looking for a stable, established community. It's ideal for someone who values a balanced lot size and living area without the premium (or challenges) of a very large or very small property. It could appeal to first-time homeowners seeking a manageable space or downsizers wanting a grounded investment in a mature area. The above-average assessment for the locale hints at a property that has been maintained or updated relative to its peers, offering a sense of relative value within the community.
Frequently Asked Questions
What does the "above average" assessed value actually indicate?
It means the municipal assessment for this home is higher than most on its street and in Margaret Park. This often reflects factors like renovations, additions, or superior condition compared to neighbours, which can be a positive, but it's wise to verify this through a viewing and understand its impact on property taxes.
How does the lot size compare for the area?
At 4,998 sqft, the lot is almost exactly the average for Armstrong Avenue and slightly below the average for the wider Margaret Park area. It offers a standard outdoor space for the neighbourhood—sufficient for gardening and recreation without being oversized or high-maintenance.
The home sold in 2017. Is there more detailed price history available?
Yes, the exact sold price (not just the range shown) is available by request. You can provide your email to the listing service, and they will manually send you the precise figure, typically by the end of the same day.
The living area is ranked "around average." Is that a concern?
Not necessarily. With 1,080 sqft, it is very typical for homes on its street, in the neighbourhood, and across Winnipeg. This indicates it's a standard-sized family home for the city, unlikely to feel unusually cramped or excessively large for its setting.
Can I visually compare this property to its neighbours?
Yes. The listing provides a link to a neighbourhood analysis map page where you can see this home plotted alongside nearby properties to directly compare metrics like year built, lot size, and assessed value.