Property Overview: 1047 Consol Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1047 Consol Avenue in Munroe East presents a compelling value proposition rooted in its strong comparative metrics. Built in 1967, the 1,240 sqft residence sits on a generous 5,566 sqft lot. Its primary appeal lies in its standout assessed value, which ranks in the elite top 5% on its street and top 3% in the broader Munroe East area, suggesting it is a high-value asset relative to its immediate peers. The living space is comfortably above average for the neighbourhood, and the lot size is notably larger than most nearby properties.
The home would suit practical buyers looking for a well-positioned asset in a mature neighbourhood. It’s ideal for someone who values space and established community character over a brand-new build. The data indicates this property outperforms most comparable homes in its direct vicinity on key financial and size metrics, making it a smart consideration for value-oriented buyers or those planning to put down roots in the area. A thoughtful perspective is that while its city-wide rankings are average, its exceptional standing within its own neighbourhood highlights the importance of micro-location; what matters most is how it compares to the houses right around it.
Section 2: Frequently Asked Questions
1. What does the "Elite" assessed value ranking mean?
It means this home’s municipal assessed value is higher than 95% of similar properties on Consol Avenue and 97% in the Munroe East area. This often indicates the property is considered a premium asset for its specific location, which can be positive for long-term value.
2. Is the living space sufficient for a family?
At 1,240 sqft, the living area is above the average for both the street and the neighbourhood, ranking in the top 7-11%. This suggests it is sizeable compared to most direct comparables and should accommodate a small to medium-sized family comfortably.
3. How does the lot size compare?
The 5,566 sqft lot is a key feature, ranking in the top 6% on the street. It provides more outdoor space than most neighbouring properties, offering greater potential for gardening, recreation, or expansion.
4. The home was built in 1967. What should I consider?
While newer than many homes on its street (top 19%), a 59-year-old home will likely have had updates over time. A thorough inspection is recommended to understand the condition of major systems like roof, plumbing, and wiring, and to identify any modernization needs.
5. How can I find out the exact historical sale price?
The listed sale price ranges are based on public data. To obtain the exact sold price from its 2017 transaction, you can request it via email through the provided service on the listing page. They provide the precise figure manually without using your email for marketing.