Property Overview: 875 Munroe Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 875 Munroe Avenue in Munroe East presents a solid, value-oriented opportunity. Built in 1959, it offers 1,009 sqft of living space on a 4,297 sqft lot. The data reveals its primary strength lies in its strong standing within its immediate community. Its Assessed Value ranks in the top 10% on its street and top 23% in the Munroe East area, suggesting it is perceived as a higher-value property among its closest peers. The living space is also above average for the street.
The appeal here is one of established neighbourhood value rather than sheer size. It suits practical, first-time homebuyers or investors looking for an entry into a mature area without a premium price tag. It’s a property that outperforms its direct neighbours on key financial metrics, which can be a smart angle for a buyer focused on equity preservation and community comparables. A thoughtful perspective is that while the home's size is below the citywide average, its above-average assessment for the area could indicate desirable lot placement, updates, or other intrinsic factors not fully captured by the basic stats.
Section 2: Frequently Asked Questions
1. What did this property last sell for?
It sold in March 2022 for a price between $350,000 and $400,000. Exact sale prices require a manual lookup request via the site.
2. How does this home compare to others on the street?
It ranks very well among its 189 street peers. It’s in the top 10% for Assessed Value, the top 17% for being newer (built in 1959 vs. a street average of 1949), and the top 29% for living area.
3. Is the lot size a constraint?
The lot is 4,297 sqft, which is slightly below the average for both Munroe East and Winnipeg overall. It is, however, typical for the street. This is standard for the neighbourhood and sufficient for a backyard, but may not suit those seeking extensive outdoor space.
4. Why is the citywide assessed value comparison so different?
The assessed value is compared to all property types citywide, including much newer and larger homes. Its "around average" citywide rank is actually positive context, showing it holds its own despite being a smaller, older home in a modest area.
5. How can I get verified sale history and exact prices?
The site does not display MLS data. You can request a manual lookup by email; the service is free and they provide exact figures directly, typically by the end of the same day.