Property Overview: 459 Gateway Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 459 Gateway Road is a compact, single-story property built in 1969, situated on a modest 3,398 sqft lot in the Munroe East neighbourhood. Its key characteristic is its notably smaller scale: with 696 sqft of living area, it ranks in the smaller third of homes locally and citywide. The assessed value is proportionally lower, sitting around the average for its street but below averages for the wider area and city.
The appeal lies in its efficiency and potential as an entry point into the market. It represents a lower financial barrier to homeownership, likely translating to more manageable property taxes and upkeep costs. It would suit first-time buyers, downsizers looking to simplify, or investors seeking a straightforward rental property. A thoughtful perspective is that its newer build date (compared to many neighbours) may suggest updates or systems with less immediate need for replacement. Its size positions it as a "right-sized" option for those prioritizing location and affordability over square footage, offering a simpler living footprint.
Section 2: Frequently Asked Questions
1. Why is the living area so much smaller than the averages shown?
This is a compact, single-story home. Its 696 sqft size is characteristic of more modest, efficient builds from its era and is a primary reason for its accessible price point.
2. What does the "rank" and "top X%" information mean?
These metrics compare this home to similar properties. For example, its living area is in the "Top 82%" on its street, meaning about 82% of comparable homes on Gateway Road are larger than this one. It's a relative measure of scale and value.
3. Is the low assessed value a concern?
Not necessarily. The assessed value aligns with the home's smaller size and is used for calculating property taxes. It reflects its market position as a more affordable option. The value is around the average for its immediate street.
4. Are there any known sale prices for this property?
The public data does not show a recent sale history for this specific listing. You can request any available exact sold price history by email via the form provided on the detail page.
5. How does the year built (1969) compare?
Built in 1969, this home is newer than many on its street and in Munroe East. This could be an advantage, potentially indicating newer materials, wiring, or plumbing compared to the neighbourhood averages from the early 1960s.