Property Overview & Appeal
This home at 159 Robson Street in Winnipeg's Mission Gardens neighbourhood presents a compelling mix of space, modernity, and value. Its key characteristic is an exceptionally large lot of 10,870 sq ft, which ranks in the top 2% of the local area and top 5% city-wide. This offers rare potential for expansion, gardening, or outdoor living compared to typical properties. Built in 2007, the house is notably newer than most in its surroundings, suggesting modern construction standards and potentially lower immediate maintenance.
The appeal lies in this combination of a spacious, contemporary home on a premium lot within an established neighbourhood. While the living space (1,017 sq ft) is modest relative to the city average, it is competitive locally. The assessed value is consistently above average across all comparison levels, indicating strong perceived value by the municipality.
This property would suit buyers looking for a "blank canvas" home with modern fundamentals on a generous plot. It's ideal for someone who values outdoor space over excessive square footage indoors, or for a buyer planning a future addition. It also suits those seeking a newer build in a mature neighbourhood without the premium often attached to brand-new constructions in suburban developments.
Frequently Asked Questions
1. Why is the assessed value so much lower than the last sold price?
The assessed value ($44.3k) is for municipal tax purposes and is not a market valuation. The last sold price range ($450k-$500k in 2022) reflects the actual market value at that time. This large discrepancy is common, as tax assessments often lag behind and use different calculation methods than the open market.
2. What does the "Elite" ranking for land area actually mean?
It means the lot size is among the very largest when compared to similar properties. Specifically, it's larger than approximately 98% of lots in the Mission Gardens area and 95% of lots city-wide. This is the property's most standout statistical feature.
3. The home was built in 2007. Are there any major components nearing replacement?
While significantly newer than the neighbourhood average, a 19-year-old home may be approaching the typical lifespan of certain original components. A prospective buyer should consider the age and condition of the roof, major appliances, and the HVAC system, as these could require attention or budgeting in the coming years.
4. How does the living area compare to nearby homes?
The living area is slightly above the average for Robson Street itself (~947 sq ft) but below the averages for the wider Mission Gardens area and Winnipeg overall. This indicates the home's interior size is typical for its immediate street but emphasizes that the property's value is more in its land and newer construction than in sheer interior square footage.
5. What is the significance of the sold price ranking from 2022?
The data shows the 2022 sale price ranked in the top 7% for the Mission Gardens area and top 18% city-wide. This suggests the property commanded a premium price at that time, likely due to the desirable combination of a large lot and a relatively modern home, a trend that may still hold true today.