Property Overview: 696 Prince Rupert Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and established neighbourhood character. Built in 2016, it is a notably newer construction compared to most homes on its street and in the broader Munroe East area, ranking in the top 3% locally for its year built. This translates to less immediate concern for major system replacements and potentially higher energy efficiency.
The 1,368 sqft living space is comfortably above average for the immediate area, offering more interior room than over 94% of comparable neighbouring homes. However, the 3,704 sqft lot is more compact than most, which may appeal to buyers seeking lower outdoor maintenance without sacrificing indoor space.
Its assessed value is strong for the neighbourhood, indicating solid perceived worth relative to nearby properties. The home last sold between 2021 and 2025, providing a recent market benchmark.
This property would best suit buyers who prioritize a move-in ready, modern home in an established community. It’s ideal for those who want more contemporary finishes and systems but don’t want or need a large yard to maintain. It also represents a sound option for someone looking for a home that stands out from the older housing stock in the area in terms of age and condition.
Frequently Asked Questions
1. What are the main advantages of this home's newer construction?
Beyond modern aesthetics, a 2016 build likely means updated building codes, newer major components (like roof, HVAC, and windows), and better energy efficiency, which can lead to lower utility costs and fewer near-term repair expenses.
2. The lot size is noted as below average. How significant is this?
The lot is smaller than most in the city and on the street. This is a notable advantage for buyers seeking minimal yard work. For those wanting extensive gardening, outdoor play space, or future additions like a large deck or garage, the lot could feel limiting.
3. How does the assessed value compare to the last sale price?
The current assessed value is $35,600. The home last sold for an estimated $300k-$350k around 2021-2025. This difference is typical, as assessed values for tax purposes often lag behind actual market sale prices. The sale price provides a more relevant recent market value.
4. Is the living space efficiently laid out?
At 1,368 sqft, the home offers more interior space than most in Munroe East. The fact that it achieves this on a smaller lot suggests a potentially efficient, well-designed floor plan that maximizes the living area, which is a key feature.
5. What is the neighbourhood context of this property?
Located on Prince Rupert Avenue in Munroe East, the home is surrounded predominantly by older homes (average year built ~1955-1960). This offers established streetscapes and mature trees, while this property itself provides a modern living exception within that setting.