Property Overview: 622 Regent Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of modest living space and exceptional outdoor potential. Built in 1953, its 1,029 sqft interior is typical for the Melrose neighbourhood, offering a practical layout for everyday living. The true standout feature is the land—an 8,249 sqft lot that ranks in the top 1% for size on its street and in the local area. This generous, double-sized parcel is a rare find in the city and provides significant room for gardening, expansion, or recreation.
The appeal lies in this land-value proposition. The property’s assessed value is notably above average for its immediate vicinity, suggesting the lot itself is a major driver of its worth. It suits a specific buyer: someone who prioritizes outdoor space over a large interior, such as a first-time buyer looking for a starter home with room to grow, a hobbyist or gardener, or an investor who sees long-term value in the subdividable potential of such a large lot (subject to zoning). It’s a property where the future value may be more about what you can do with the land than the existing structure.
Section 2: Frequently Asked Questions
1. Is the sold price range shown the exact price?
No, the listed range is based on public data. To obtain the exact historical sold price, you must request it via the provided email service.
2. Why is the assessed value so high compared to neighbouring homes?
The assessment is significantly above the street and area averages, which is almost certainly due to the property’s exceptionally large lot size, a key factor in municipal valuation.
3. What does the "Elite" ranking for Land Area mean?
It means this property’s lot size is larger than 99% of the comparable homes on its street and in the Melrose area, making it a rare offering in that regard.
4. The home is below the city-wide average for living area. Is it small?
At just over 1,000 sqft, it is smaller than the Winnipeg average. However, it is very typical for the Melrose neighbourhood, where similar homes average 973 sqft. It represents a more compact, efficient footprint.
5. What are the implications of buying a home built in 1953?
While the building age is average for the area, a home from this era may require attention to original components like plumbing, electrical, or insulation. A thorough inspection is advised to understand the condition and any modernizing needs.