Property Overview: 514 Weedon Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 514 Weedon Street in the Munroe East neighbourhood presents a compelling blend of space, modernity, and value. Built in 1985, it is a newer construction compared to most homes on its street and in the wider area, suggesting potentially fewer concerns with aging infrastructure. With 1,456 sqft of living space, it is notably larger than the average home in both Munroe East and on Weedon Street itself, offering ample room for families or those who value spacious interiors.
The property’s standout feature is its generous 6,597 sqft lot, which ranks in the top 5% for land area within Munroe East. This provides significant outdoor space for gardening, recreation, or future expansion—a rarity in many city neighbourhoods. The home’s assessed value positions it as an elite property within its immediate area, indicating it is a high-calibre home for the neighbourhood.
This property would suit buyers looking for a well-sized, relatively modern home on a large lot without venturing into the premium price brackets of some city-wide markets. It’s ideal for those who prioritize indoor and outdoor space in a mature neighbourhood, and for value-conscious buyers who recognize the advantage of owning one of the top-tier properties on its block and in its community.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home sold for an estimated $350k–$400k in 2017. Its current assessed value is $43,100. In Manitoba, assessed value is for taxation purposes and is typically significantly lower than market value. The sale history and comparable assessments suggest a stable property in a desirable location.
2. Is the home older or newer than its neighbours?
Built in 1985, this home is newer than the average home on Weedon Street (avg. 1977) and significantly newer than the average in Munroe East (avg. 1960). This can mean more modern building materials, electrical systems, and layout.
3. What does the large lot size practically offer?
Beyond extra yard space, a lot of this size (top 5% in the area) provides greater privacy from neighbours, ample room for additions like a garage or shed, and flexibility for landscaping, pools, or outdoor living areas that smaller lots cannot accommodate.
4. How does the living space compare to typical Winnipeg homes?
At 1,456 sqft, it is above the city-wide average. However, the data shows it’s more notably larger compared to homes in its own area, where it ranks in the top 2%. You get more interior space than most of your immediate neighbours.
5. Where can I see precise past sale prices?
The exact sold prices are not publicly displayed due to local regulations. The listing service offers to provide the accurate sale history via email upon request, which they handle manually without using your email for marketing.