529 Marsden Street

Property Overview: 529 Marsden Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,062 sqft bungalow, built in 1959, sits on a notably generous 5,825 sqft lot in the Munroe East neighbourhood. Its primary appeal lies in its strong positional value within its immediate context. While the home itself is of average size for the city, it stands out locally with an above-average lot size and assessed value for its street and area. This suggests a property that offers more outdoor space and perceived value than many of its direct neighbours.

The home would suit practical buyers looking for a solid entry point into a mature neighbourhood, where the land itself represents a significant portion of the asset. It’s a fit for someone comfortable with a home of vintage character (likely requiring some updates) but who values the potential and space that a larger lot provides—whether for gardening, expansion, or simply more privacy than is typical for the area. The data indicates it’s not a luxury property in a city-wide sense, but rather a competitively strong offering on its own block.

Section 2: Frequently Asked Questions

1. How does this home really compare to others nearby?
The data shows it ranks well on Marsden Street itself, particularly for lot size (top 15%) and assessed value (top 27%). In the broader Munroe East area, its lot size remains a standout feature (top 14%). This means you're getting more land than most comparable local properties.

2. What does the assessed value tell me?
The assessed value of $310k is above the street average and around the neighbourhood average. It’s important to note that this is a municipal assessment for tax purposes, not a market valuation, but it does indicate the property is considered a higher-value asset on its block.

3. The home was built in 1959. What should I consider?
Built in the late 1950s, this home is typical for the area. Buyers should budget for potential updates to major aging components like the roof, windows, plumbing, or electrical systems, which may be nearing or past their typical lifespan.

4. How can I find out what it last sold for?
The listing indicates a sale occurred between 2016 and 2025, with a price range provided. For the exact sale price and date, you must request the information directly via the email button provided, as this data is manually verified.

5. What is the neighbourhood analysis page?
This is a linked tool that places the property on a map alongside nearby homes, allowing you to visually compare key metrics like year built, living area, and lot size. It provides a clearer, immediate sense of the property's context than raw data alone.