Property Overview: 102 Byars Place, Winnipeg
Key Characteristics & Appeal
This home at 102 Byars Place in Munroe East presents a compelling opportunity centered on space and value within its community. Built in 1970, its key appeal lies in its generous proportions relative to the local area. The 1,171 sqft living area is notably above average for both the immediate street and the wider Munroe East neighbourhood. The most standout feature is the land size—a 7,073 sqft lot that ranks in the elite top 3% for the area, offering significant outdoor space that is increasingly rare.
The home’s assessed value is consistently above average for its street and neighbourhood, suggesting a solid valuation foundation. A recent sale between 2023-2025 in the $350k-$400k range provides a modern benchmark. This property suits practical buyers looking for a spacious lot with room for gardening, expansion, or simply more privacy than newer subdivisions offer. It’s ideal for someone who values neighbourhood character and getting more house and land for their investment, rather than a newly built home. A thoughtful perspective is that while the home itself is of a typical age for the area, its above-average lot and living space metrics indicate it was likely a premium offering in its original development, providing a lasting advantage.
Frequently Asked Questions
1. How does the lot size compare to a typical Winnipeg property?
The lot is 7,073 sqft, which is substantially larger than the Munroe East average (~4,958 sqft) and also above the city-wide average. It offers significant outdoor space.
2. When was it last sold, and for how much?
The most recent sale occurred between 2023 and 2025, with a public price range of $350,000 to $400,000. The exact sale price can be provided upon request.
3. Is the living space larger than other homes nearby?
Yes. With 1,171 sqft, it ranks in the top 10-11% for living area within the Munroe East area, meaning it is more spacious than most comparable local homes.
4. What does the "above average" assessed value mean?
The home’s assessed value of $34,900 is above the typical average for both Byars Place and the broader Munroe East neighbourhood, indicating it is valued higher than many of its direct peers based on municipal assessment.
5. The home was built in 1970. What should I consider?
While the building age is typical for the area, it means prospective buyers should budget for potential updates to systems, windows, or insulation that are common for homes of this era, balanced against the value offered by the larger structure and lot.