Property Overview: 6 Bramton Street, Winnipeg
Key Characteristics & Appeal
This home at 6 Bramton Street in Meadowood is a practical, no-frills property that represents a straightforward entry into the Winnipeg housing market. Built in 1974, it is one of the older homes on its street, suggesting potential for updates but also a well-established lot and neighbourhood. With 1,040 sqft of living space and a 5,557 sqft lot, its size is consistently average or slightly above average when compared to both the immediate street and the broader Meadowood area. This indicates a comfortable, mid-sized family layout on a decent plot.
The primary appeal lies in its stability and value. The assessed value ($38,800) is very close to the local averages, reflecting a fair and predictable market valuation without premium pricing. Its last known sale was between $300k-$350k in 2019. This profile suits first-time buyers seeking a functional starter home, or investors looking for a manageable rental property in a settled neighbourhood. It’s a home for those prioritizing lot size and neighbourhood character over modern finishes, and who see value in a property that doesn’t stand out on paper in extreme ways—neither the largest nor the smallest, neither the newest nor the most expensive. Its "middle-of-the-road" metrics can be a strength for buyers seeking minimal surprises and a solid foundation to build upon.
Frequently Asked Questions
1. What does it mean that the home is "below average" for Year Built on its street?
This simply means it is older than most of the 18 homes directly on Bramton Street. It was built in 1974, while the average build year on the street is 1977. This minor difference is unlikely to be significant in terms of construction style or materials, but it may hint that some neighbouring homes have seen more recent renovations.
2. Is the assessed value the same as the market value?
No. The assessed value (approximately $38,800) is for municipal tax purposes. The market value—what a buyer would pay—is significantly higher, as indicated by the 2019 sale price range of $300k-$350k. Always rely on a current market evaluation from a real estate professional for pricing.
3. How does the lot size compare to typical Winnipeg lots?
At 5,557 sqft, the lot is slightly below the city-wide average for comparable homes (6,570 sqft) but is very close to the average in Meadowood (5,554 sqft). This suggests the yard space is standard for the area, which often appeals to buyers wanting outdoor space without excessive maintenance.
4. The data shows a city-wide average assessed value of $390k. Why is this one so much lower?
This appears to be a discrepancy in the provided data. The $390k figure is likely the average market value or sale price for city-wide comparable homes, not the average assessed value for tax purposes, which is listed elsewhere as $37,600. This highlights the importance of distinguishing between assessment figures and market prices.
5. How can I find out the exact historical sale price?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request the precise sale history by emailing the source (SaveOnHouse), which they provide manually without using your email for marketing.