Property Overview: 14 Stewin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Mission Gardens presents a practical and comfortable living proposition. Built in 1995, it offers modern construction while being established within a mature neighbourhood. The 1,302 sqft living area is notably spacious for its immediate street and local area, ranking in the top 20-30% among comparable homes. A key, less obvious asset is the 4,742 sqft lot, which is the largest on Stewin Avenue (top 10%), providing above-average outdoor space and potential relative to its closest neighbours.
Its appeal lies in its balanced, above-average positioning within its micro-market. The home isn't the newest or largest in the wider city, but it consistently outperforms local benchmarks for size, lot, and value. Recent sale data suggests strong price appreciation, with the 2023 sale placing in a much higher percentile than the 2016 sale. This home would suit buyers looking for a move-in ready property in a settled area who value space—both indoors and on the lot—over a brand-new build. It’s a solid choice for young families seeking room to grow or downsizers who still want a generous yard without the upkeep of an older home.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks very well among its 10 closest neighbours. It has the largest lot, the second-largest living area, and the third-highest assessed value, indicating it's a leading property on the block.
2. What does the sold price history indicate?
The home sold between $450k-$500k in 2023 and $300k-$350k in 2016. The 2023 sale price ranked in the top 12% for the Mission Gardens area, showing significant value growth and strong market performance at that time.
3. Is the assessed value the same as the market value?
No. The city's assessed value for tax purposes is $41,800k, which is a historical figure. Market value is determined by current sale prices, like the 2023 transaction. The large difference between assessed value and recent sale price is common and does not reflect a discrepancy.
4. How does the lot size compare to the broader area?
While it's the largest lot on its street, it is closer to the average (top 62%) for the wider Mission Gardens area and the city. This highlights that the home's lot is a standout feature locally but is more typical on a broader scale.
5. Where can I see more detailed context for this property?
A neighbourhood analysis map is available, allowing you to see nearby houses and compare details like year built, living area, and lot size visually. Exact historical sold prices can be requested via email.