Property Overview: 6 Price Drive, Winnipeg
Key Characteristics & Appeal
This 1,080 sqft bungalow, built in 1978, presents a compelling case for value-focused buyers in Winnipeg's Munroe East neighborhood. Its primary appeal lies in its efficient use of space and its position within a specific, established streetscape. While the lot size (2,519 sqft) is modest compared to broader city averages, the living area is notably spacious for both its immediate street (ranking in the top 4%) and the local area. This suggests a well-utilized floor plan that maximizes interior space.
The home’s assessed value is significantly below city-wide averages, indicating a potentially lower property tax burden and an accessible entry point into the market. It would suit first-time buyers seeking a manageable, move-in-ready home without a sprawling yard to maintain, or investors looking for a practical rental property in a stable neighborhood. A thoughtful perspective is that this property represents a "middle ground" on its street—it’s not the newest or largest, but its living space is highly competitive, offering a sense of value and proportion that might be overlooked when just comparing raw lot sizes.
Frequently Asked Questions
1. How does the lot size impact the property?
The lot is smaller than many in Winnipeg, which means less exterior maintenance. However, it is quite typical for the immediate street, suggesting the neighborhood character is defined by more compact, manageable yards.
2. Why is the assessed value so much lower than the city average?
Assessed value is for municipal tax purposes and is influenced by many factors, including home size, age, and local market conditions. This lower assessment primarily reflects the home’s modest scale and the neighborhood’s market values compared to the entire city, not necessarily its condition or sale price.
3. What does the "Elite" ranking for Year Built mean?
On Price Drive and in Munroe East, a 1978 build date is among the newest. This indicates the home is in a pocket of relatively newer construction compared to its direct peers, which can be positive for infrastructure and modern building standards.
4. Is the sold price history from 2016 relevant today?
While it provides a historical benchmark, the 2016 sale price is not indicative of current market value. It’s best used to understand long-term ownership patterns rather than to estimate today’s price.
5. How can I get the exact sold price?
The exact sold price is not publicly displayed due to data privacy practices. You can request it via email through the listing page, and the service provider aims to send the accurate figure manually by the end of the same day.