Property Overview & Key Characteristics
This home at 42 Price Drive in Winnipeg's Munroe East neighbourhood presents a specific and practical value proposition. Built in 1978, it is notably one of the newer homes on its street and within the immediate area. With 928 square feet of living space, the house is compact, ranking below average in size for the city, but is typical for its local street. The lot size of 2,504 sqft is modest, especially when compared to wider city averages, suggesting a low-maintenance yard.
Its primary appeal lies in its efficient scale and relative newness for the area, which is reflected in its above-average assessed value for Price Drive itself. This isn't a sprawling property; instead, it suits buyers seeking an affordable, manageable entry into homeownership without the upkeep of a larger lot or an older structure. It would fit a first-time buyer, a downsizer, or an investor looking for a practical rental. A thoughtful perspective is that its higher assessed value ranking on its own street could indicate it's a well-kept or updated home in a row of more varied properties, offering a touch of stability in its micro-market.
Frequently Asked Questions
1. Is this a large family home?
No. With under 1,000 square feet of living space, this is a compact home. It is best suited for individuals, couples, or small families.
2. How does the assessed value compare?
The assessed value of $26,900 is above the average for Price Drive, suggesting the property is in good standing relative to its immediate neighbours. However, it falls below the average for both the broader Munroe East area and the city overall.
3. What does the "Elite" ranking for Year Built mean?
This indicates the home, built in 1978, is among the newest 4% of homes on its street and in the Munroe East area. For a neighbourhood with many older homes, this can mean potentially fewer major age-related issues.
4. Is the lot size a concern?
The lot is smaller than most in Winnipeg. This is a advantage for those wanting minimal yard work but a limitation for those desiring extensive outdoor space, gardens, or large additions.
5. How can I find out the exact historical sale price?
The exact sold prices are not publicly displayed. You can request this information via email through the listing page, and the service provider aims to send the accurate data manually by the end of the same business day.