Property Overview: 509 Besant Street, Winnipeg
Key Characteristics & Appeal
This home at 509 Besant Street in the Munroe East neighbourhood presents a compelling opportunity rooted in its strong local standing. Built in 1960, it is actually one of the newer homes on its street, ranking in the top 8% there for year built. The 1,143 sqft living area is notably above average for both the street and the wider Munroe East area, placing it in the top 12%—offering more interior space than many direct comparables. The lot size of 5,289 sqft is also generous for the local area, ranking above average in Munroe East.
The appeal lies in its established, consistent character. The home’s assessed value is above average for its immediate vicinity, suggesting it is well-positioned within its market segment. A recent sale in the $350k-$400k range aligns with this. It suits practical buyers looking for a home with a proven footprint in a mature neighbourhood—someone who values space and a stable community over brand-new construction. It’s a property that outperforms many of its closest peers on key metrics, indicating a solid investment in its specific locale rather than just the city at large.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it consistently ranks above average for Munroe East and its own street in living area, assessed value, and year built. This means you’re getting a newer, larger, and more formally valued property than many in the immediate area.
2. What does the sold price range tell me?
The $350k-$400k sale in 2024 indicates the market price significantly exceeds the assessed value (a common scenario), and places the home competitively, ranking in the top 15% on its street and top 12% in the area for sold price.
3. Is the lot size a pro or con?
At 5,289 sqft, the lot is above average for Munroe East, offering good outdoor space for the neighbourhood. It is, however, closer to the city-wide average, so it’s a relative strength locally but not an exceptionally large lot for Winnipeg as a whole.
4. What are the implications of it being a 1960s build?
While 66 years old, it’s newer than many homes on its block. This can suggest potentially updated infrastructure compared to older neighbours, but a thorough inspection is always recommended to understand the condition of major systems like roof, wiring, and plumbing.
5. How can I find out the exact past sold price?
The exact sale price is not publicly listed. The listing service offers to provide it manually via email, with a promise of a same-day reply and no marketing spam, to ensure accuracy for serious buyers.