51 Battershill Street

Property Overview: 51 Battershill Street, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of established neighbourhood character and standout value. Built in 1960, it is one of the older homes on its street, suggesting a well-settled, mature streetscape. With 1,098 sqft of living space, it offers above-average roominess for the Munroe East area, providing more interior space than many local comparables. The lot size of 4,999 sqft is very typical for the neighbourhood, offering standard outdoor space.

The property’s most striking feature is its assessed value of $36,400, which ranks in the elite top 3-4% for both its immediate street and the broader Munroe East area. This indicates a significantly higher municipal valuation than nearby homes, which often correlates with substantial improvements, additions, or unique attributes not fully captured in the basic metrics. A previous sale between $300k-$350k in 2019 further anchors its market value.

This home would suit a practical buyer who values space and established communities over new construction. It’s ideal for someone looking for a home that may already have significant updates reflected in its assessment, or for an investor or homeowner who understands the potential equity and stability signalled by a high assessed value relative to its peers.

Frequently Asked Questions

1. Why is the assessed value so much higher than neighbouring homes?
An assessed value in the elite tier for the area typically results from major renovations, additions (like a finished basement or an extension), or significant property improvements that have been officially recognized by the assessor, setting it apart from standard homes on the street.

2. As one of the older homes on the block, should I be concerned about maintenance?
While the year of construction suggests potential for older components, the high assessed value often indicates that key systems or structures may have already been upgraded. A thorough inspection is recommended to understand the current condition of the roof, foundation, wiring, and plumbing.

3. How does the living area compare to a typical Winnipeg home?
At 1,098 sqft, the home is above average for its immediate Munroe East area but slightly below the city-wide average. This means you get more space than many local alternatives, which often have less than 1,009 sqft, but it may feel cozier than newer suburban builds.

4. What does the 2019 sale price tell us about the property’s current value?
The $300k-$350k sale price six years ago provides a historical benchmark. Combined with the current elite-tier assessment, it suggests the property has held or increased its value relative to the area. Current market conditions and any further improvements will determine the present valuation.

5. Is the lot size a limitation for expansion or outdoor activities?
At just under 5,000 sqft, the lot is standard for the neighbourhood. It provides a decent backyard for a city home but may limit the potential for large additions without compromising outdoor space. It’s consistent with the established character of the area.