Property Overview & Key Characteristics
This 963 sqft bungalow, built in 1954, sits on a notably generous lot of nearly 5,000 sqft in Winnipeg's Munroe East neighbourhood. Its primary appeal lies in the balance it strikes: the home itself is a manageable, average-sized bungalow for the area, but the lot size is well above average for its immediate street, offering valuable outdoor space and future potential. The assessed value is strong compared to neighbouring homes, suggesting the property is in good standing relative to its peers.
It’s a practical home that would suit first-time buyers looking for a solid entry point with room to grow, or downsizers seeking a single-level layout without compromising on yard space. Investors may also see value in the desirable lot size for future development, subject to zoning. A thoughtful perspective is that while the home's living area is modest by wider city standards, its above-average lot on Government Avenue provides a rarity—a sense of space and privacy that is increasingly uncommon in mature neighbourhoods.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 963 sqft, the living area is very close to the average for both Government Avenue and the broader Munroe East area. It is, however, noticeably smaller than the average Winnipeg home.
2. What does the assessed value tell us?
With an assessed value ranking in the top 23% on its own street, this property is valued higher than most of its immediate neighbours. This often reflects a combination of lot size, condition, and improvements relative to nearby homes.
3. Is the lot size a significant feature?
Yes. The lot of 4,996 sqft ranks in the top 13% on Government Avenue, meaning it is larger than most properties on the street. This is a key asset, offering more yard space than typical and could be a factor in its stronger assessed value.
4. What is the sales history of this property?
Public records indicate it sold twice in recent years: once between $200k-$250k in 2016, and again between $250k-$300k in 2020. Exact sale prices are available upon request from the listing service.
5. Are homes from 1954 a concern?
The build year is typical for the area. While it means potential for older systems (roof, wiring, plumbing) to need attention or updating, it also reflects the established character of the neighbourhood. A thorough inspection is always recommended.