Property Overview: 607 Stradbrook Avenue
Key Characteristics & Appeal
This home at 607 Stradbrook Avenue stands out for its above-average size and value within its context. With 1,443 sqft of living space, it is significantly larger than most comparable homes on its street, in the Mcmillan area, and across Winnipeg, ranking in the top 8-12%. Its assessed value of $41,200k is notably high, placing it in the elite top 5% on Stradbrook and the top 7% in the neighbourhood, suggesting a premium valuation relative to peers. Built in 1987, the property is newer than many area homes, offering a balance of established character and modern building standards.
The primary appeal lies in its combination of spaciousness and a strong value position in a desirable area. It suits buyers looking for a home that offers more room than the local average without the premium price of a brand-new build. It would particularly resonate with value-conscious buyers who appreciate data-backed metrics, as the numbers consistently show a property that outperforms its surroundings. A thoughtful perspective is that this home represents a "best-in-class" option within its immediate micro-market, potentially offering a sense of relative value and stability in a well-established community.
Frequently Asked Questions
1. What does the high assessed value relative to neighbours indicate?
A significantly higher assessed value often reflects a larger living area, desirable updates, or premium lot features. It suggests the municipal assessment sees this property as a top-tier home on the street, which can be a positive indicator of its market position.
2. How does the 1987 build year compare?
While around the city-wide average, this build year is above average for the Mcmillan area, meaning the home is likely newer than many in the immediate neighbourhood. This can imply more modern construction materials and layouts, potentially with fewer concerns about aging components like wiring or plumbing found in much older homes.
3. The sold price history shows a range. Can I get the exact figure?
Yes. The exact sold prices are provided manually upon request via email to ensure accuracy and privacy. The listed ranges indicate the home sold within the $350k-$400k bracket in 2024 and $300k-$350k in 2016.
4. What is the benefit of the detailed ranking data?
These rankings allow you to quickly see how this property measures up against its direct peers on the street, in the neighbourhood, and across the city. It moves beyond simple square footage or value to show competitive standing, highlighting where this home excels or is simply average.
5. Are the nearby "Worth Viewing" properties similar?
The listed properties are in the same neighbourhood but vary greatly in size, age, and value. They are provided as reference points for the area's diversity, from historic estates on Wellington Crescent to more modest homes. This highlights that 607 Stradbrook occupies a specific niche—a spacious, late-1980s home with a strong assessed value.