Property Overview: 932 Prince Rupert Avenue, Winnipeg
Key Characteristics & Appeal
This home at 932 Prince Rupert Avenue is a well-situated property in Munroe East that represents a solid, middle-of-the-market opportunity. Built in 1958, it features 1,070 sqft of living space on a 4,791 sqft lot, with an assessed value of $309,000. The data reveals its core appeal: it is a consistently above-average home within its immediate vicinity. Its living space ranks in the top 27% on its own street and top 26% in the Munroe East area, meaning it offers more interior room than many direct neighbors. While its assessed value and lot size are generally average for the neighborhood, this indicates a property that is priced in line with the local market without notable premium or discount.
The appeal lies in its established community setting and practical scale. It suits first-time buyers or downsizers looking for a manageable home in a mature neighborhood without the premium of a newer build or a massive lot. A thoughtful perspective is that its "average" valuations in key metrics suggest lower risk of overpaying compared to the area, while its above-average living space provides a tangible advantage. It’s a home for those who prioritize interior space over expansive outdoor grounds and value the stability of an established area.
Frequently Asked Questions
1. How does this home’s value compare to Winnipeg overall?
City-wide, the home’s assessed value is around average (top 68%), but it’s important to note that the average assessed value across Winnipeg is significantly higher at about $390k. This highlights that the property offers a more accessible price point within a desirable city, positioned below the city-wide average valuation.
2. Is the lot size a limitation?
The lot is slightly below the average for Munroe East. For buyers seeking extensive yard space for gardening or expansion, it may feel compact. However, for those preferring lower maintenance, the size is perfectly functional and is actually close to the street average.
3. What can the 2016 sale price tell us?
The home sold between $250k-$300k in late 2016. Comparing that to the current $309k assessment suggests moderate appreciation over eight years, consistent with steady market growth in the area rather than volatile spikes.
4. Are homes from 1958 a concern?
The build year is typical for the area. Buyers should budget for expected updates and maintenance common to homes of this era, such as windows, roofing, or mechanical systems, but its age is not unusual for the neighborhood.
5. How accurate are these rankings and figures?
The data is sourced from public records and is reasonably reliable for comparison purposes. However, for precise sale prices and a full history, you must request a manual lookup from the site, as MLS data is not displayed here. Always verify critical details through a home inspection and official documents.