Property Overview: 937 Government Avenue, Winnipeg
This home presents a practical opportunity in Winnipeg's Munroe East neighbourhood. Built in 1958, it's a property defined by clear trade-offs: its 806 sqft living area is notably compact compared to most local and city-wide homes, but it sits on a decent 4,116 sqft lot. The assessed value of $301,000 is strong for its immediate street and aligns with the area average, suggesting the value is anchored more in the location and land than in the size of the dwelling.
Its appeal lies in its efficiency and position as a potential entry point into the market. The lot size offers room for outdoor space or future expansion, which is a relative advantage over many newer, denser developments. It would suit a first-time buyer, an investor looking for a rental property, or someone seeking a lower-maintenance home without a sprawling yard. It’s a straightforward property that asks buyers to prioritize location and lot potential over immediate square footage.
A less obvious perspective is its financial positioning: while the house itself is smaller than average, its assessed value holds up well locally. This could indicate that the land value is a significant component, or that well-maintained, modest homes on this street are in steady demand. It last sold in 2017, so a current sale would reflect nearly a decade of market changes.
Frequently Asked Questions
1. Is the house unusually small?
Yes, the living area of 806 sqft is below average for the street, the Munroe East area, and Winnipeg overall. It is a compact, efficient layout.
2. How does its value compare to nearby homes?
Its $301,000 assessment is above the average for Government Avenue and aligns with the average for the broader Munroe East area. City-wide, it sits below the average assessed value, partly due to its smaller size.
3. What is the potential for expansion or renovation?
The 4,116 sqft lot is a key feature, providing more outdoor space than many city lots and potential room for an addition, subject to local zoning and permit approvals.
4. When was it last sold, and for how much?
It was last sold in June 2017. The public data shows a sold price range of CA$250,000–$300,000. For the exact historical sale price, you can request a manual lookup from the site.
5. Are the sold prices and rankings here from the MLS?
No. The sold price data is compiled from publicly available sources, not the MLS. The comparative rankings (e.g., "Top 80%") are calculated using this public assessment and sales data to show how the property compares to peers on specific metrics like living area or lot size.