Property Overview: 1035 Royse Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated home in Maybank presents a compelling mix of modern convenience and solid value. Its primary appeal lies in being a relatively new construction (built in 2020) within an established neighbourhood, offering move-in readiness with less immediate concern for major repairs or updates. The 909 sqft living space is efficiently sized, ranking above average for the city, and is complemented by a manageable 2,525 sqft lot.
The data reveals a thoughtful perspective: this property consistently performs above average for its assessed value within both the immediate Maybank area and city-wide, suggesting it is viewed as a strong asset relative to its peers. However, its lot size is notably smaller than most in Winnipeg, indicating a trade-off for lower maintenance. This combination makes it ideal for first-time homebuyers, downsizers, or investors seeking a modern, low-maintenance property with a proven value trajectory in a convenient location. It suits those who prioritize a newer home and interior space over a large yard.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The assessed value ranks in the top 6% for the Maybank neighbourhood and the top 28% city-wide, meaning it is considered a higher-value property compared to most homes in its peer group.
2. Is the house unusually small?
Not at all. While the lot is compact, the 909 sqft living area is actually above the city-wide average for comparable homes and is efficiently designed for modern living.
3. What does the sale history indicate?
The property has sold three times since 2020, each time at a higher price range, demonstrating consistent appreciation in a relatively short period.
4. Are there any drawbacks to the smaller lot size?
The yard is significantly smaller than the typical Winnipeg lot. This means less outdoor maintenance and private space, but could be a limitation for those wanting extensive gardening, play areas, or future expansions.
5. Why is the year built such a standout feature?
Built in 2020, it ranks in the elite top 3% for age both in Maybank and across Winnipeg. This is a major advantage, as it places the home well within warranty periods for major components and ensures modern building standards and energy efficiency.