Property Overview: 432 Regent Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct profile defined by its above-average interior space within a more compact, century-old lot footprint. At 1,089 sqft, the living area is notably larger than most comparable homes on its street and in the Melrose area. This creates a practical appeal for buyers seeking efficient use of space without a sprawling layout. The assessed value is also strong for its immediate locale, ranking in the top 15-19% among neighbours, which can indicate good relative value or desirable features not immediately apparent in the basic data.
Built in 1920, the property is older than most in Winnipeg, suggesting classic character but also a need for diligent maintenance and potential updates. The lot size of 2,700 sqft is compact, even for the area, which translates to lower exterior upkeep but less private outdoor space. The last known sale was between 2016-2025 in the $250k-$300k range.
This property would best suit a pragmatic buyer—perhaps a first-time homeowner or a downsizer—who prioritizes interior square footage over yard size and is prepared for the realities and rewards of a well-located, older home. Its appeal lies in getting more house for your dollar in terms of indoor space within a mature neighbourhood, offset by the responsibilities of an older structure and a modest lot.
Section 2: Frequently Asked Questions
1. What does the "above average" assessed value ranking mean for me?
It suggests the city's assessment of this property's value is higher relative to its immediate neighbours. This can be a positive indicator of the home's condition or features, but it's also a factor in calculating your annual property taxes.
2. The home is older than most. What should I consider?
A 1920 build means potential for charming architectural details but also necessitates a thorough inspection for aging infrastructure. Budgeting for ongoing maintenance and potential updates to plumbing, electrical, or insulation is wise.
3. How does the compact lot size (2,700 sqft) affect daily living?
It offers lower maintenance for gardening and yard work, which is a plus for busy owners. The trade-off is limited space for private outdoor activities, gardening, or future expansions like a large deck or addition.
4. The living area is larger than area averages. Is the layout efficient?
While the data shows more interior space, the age of the home means the floor plan may differ from modern open-concept designs. It’s important to view the layout to see if the space is configured in a way that suits your lifestyle.
5. How reliable are the past sale price ranges shown?
The provided range is based on public data estimates. For precise historical sale prices to inform your offer, you must request the exact figures via the provided email service, as these are manually verified from non-public records.