202-700 Regent Avenue W

Property Overview: 202-700 Regent Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This condominium at 202-700 Regent Avenue W in the Melrose neighbourhood presents a specific and compelling value proposition. Built in 2009, it is a relatively modern unit within its immediate building and street context. Its primary standout feature is its generous 1,018 sqft living area, which ranks in the top 2% for size among comparable homes on Regent Avenue W. This suggests a unit that offers more space than typical suites in the area, potentially featuring a more open layout or an extra room.

The appeal lies in this combination of above-average space and a modern build year, paired with a municipal assessed value that is manageable relative to the broader city. It suits practical buyers looking for a spacious condo without a premium price tag, particularly first-time buyers or downsizers who prioritize interior square footage over a high-end neighbourhood assessment. A thoughtful perspective is that this unit may represent a "space value" play—offering more room for the dollar within its own building complex, even if the broader Melrose area has newer or higher-assessed homes.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby properties?
At 1,018 sqft, this unit is significantly larger than the average suite on its street (805 sqft) and is very close to the Winnipeg city-wide average for comparable homes.

2. What does the assessed value indicate?
The assessed value of $21,700 is above average for its specific street but below the average for the wider Melrose area. This can sometimes indicate a lower property tax burden relative to similar-sized homes in pricier parts of the neighbourhood.

3. Is the building older or newer for the area?
The unit was built in 2009. This is newer than most homes city-wide but is actually slightly older than the average build year for the Melrose area, which has seen more recent development.

4. How can I find out the exact historical sale price?
The listed sale price ranges are based on public data. To obtain the exact sale price from previous transactions, you must request it directly via the email service provided on the listing page.

5. Where can I see this property in context with its neighbours?
A dedicated neighbourhood analysis page is available, featuring a map that allows you to compare this property with nearby homes based on year built, living area, assessed value, and lot size.