Property Overview: 806 Prince Rupert Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and practical living. Built in 2002, it is a notably newer construction compared to most homes on its street and in the Munroe East area, ranking in the top 2-7% locally for its year built. This translates to likely fewer major system updates and modern building standards. With 936 sqft of living space, it offers a manageable, efficient layout that is very typical for the immediate neighborhood.
The appeal lies in this balance: it’s a contemporary, low-maintenance property within an established community. Its assessed value is strong for the area, ranking above average locally, which can indicate good perceived value and condition relative to nearby homes. The lot, at 3,505 sqft, is smaller than area averages, which may appeal to buyers seeking easier yard upkeep. This property would best suit first-time homebuyers, downsizers, or practical investors looking for a turn-key home in a mature neighborhood without the uncertainties and renovation needs of an older property. It offers a chance to live in a settled area while benefiting from the advantages of a 21st-century build.
Section 2: Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the land area is below the average for the street and city, it means less yard maintenance. This can be a significant advantage for those seeking a low-maintenance lifestyle, and the property still provides private outdoor space.
2. The home sold between $250k-$300k in 2019. What does its current assessed value indicate?
The current assessed value of $32,400 ranks well above the local averages for Prince Rupert Avenue and Munroe East. This suggests the property has maintained or increased its value proposition relative to its neighbors, potentially due to its newer construction and condition.
3. As a newer home in an older area, are there any less obvious considerations?
Its modern construction is a major plus. However, its architectural style and lot size might differ from the neighborhood's older, larger-lot character. This isn't inherently negative but is a point of contextual awareness.
4. Who might this property not be ideal for?
It may not suit buyers looking for a large, expansive yard, those seeking the classic character of an older home, or anyone needing significantly more than 1,000 sqft of living space.
5. How can I verify the exact historical sale price?
The provided sale price is a public data range. To obtain the exact sale price from the 2019 transaction, you can request it via email through the listing service. They provide this data manually and do not use requests for unsolicited marketing.