Property Overview
34 Price Drive is a well-maintained, 1,080 sqft bungalow built in 1978, situated on a 3,236 sqft lot in Winnipeg's Munroe East neighbourhood. Its primary appeal lies in offering above-average space and a newer build date compared to its immediate street and local area, presenting a solid value proposition within its micro-market.
Key Characteristics & Ideal Buyer
This home stands out on its street for its living area, being newer than most, and having a larger-than-average lot for the block. While it holds its own locally, its metrics are more modest when compared to the wider city, indicating it is a quintessential, comfortable home in an established neighbourhood rather than a large or luxury property. The 2023 sale price range suggests a stable and affordable entry point into the market.
It would particularly suit first-time buyers or downsizers seeking a manageable, single-level home in a quiet area. The data also suggests it appeals to the value-conscious buyer who prioritizes getting more house for their money on a specific street, rather than competing in broader, more expensive city segments. Its consistent ranking near the top of its immediate peer group on Price Drive indicates a property that is a strong performer in its own context.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks very well among the 23 homes on Price Drive. It has the largest living area, is one of the newest builds, and sits on a larger-than-average lot for the street, placing it in the top tier for several key metrics locally.
2. Is the assessed value the same as the market value?
No. The municipal assessed value for tax purposes is $27,500, which is historically low for the area. This should not be confused with market value. The home last sold for an estimated $300,000–$350,000 in 2023, which is a more relevant indicator of its market price.
3. What does the "Elite" or "Top 4%" ranking mean for the Year Built?
This means that among the 23 homes on Price Drive, 34 Price Drive is one of the newest, built in 1978. It shares this "newer" status with only a few neighbours, making its age a relative advantage on this specific street.
4. The lot seems small compared to the city average. Is that a concern?
The 3,236 sqft lot is below the Munroe East and Winnipeg averages. However, it is actually above average for Price Drive itself. This highlights the importance of context: it offers a decent, manageable yard for the immediate location but is not a large property by broader suburban standards.
5. How can I find out the exact price it sold for in 2023?
The exact sale price is not public record. The listing service provides the price range. You can request the precise figure by emailing them directly through the "Get exact sold price history" link on the property page.