Property Overview: 944 Prince Rupert Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-situated, mid-century bungalow in Munroe East that presents a practical opportunity. Built in 1959, it is newer than many homes on its own street, offering a relative advantage in its immediate context. The 920 sqft living area is modest and below average for the city, positioning it as a cozy, manageable space rather than a sprawling home. Its assessed value of $291,000 is very typical for the Munroe East area but sits notably below the Winnipeg city average, suggesting a more accessible entry point into the market.
The primary appeal lies in its efficient scale and established neighbourhood setting. The nearly 4,800 sqft lot is standard for the area and provides ample outdoor space for gardening or expansion relative to the home's footprint. Recent sale history indicates steady value appreciation. This property would suit first-time buyers seeking a solid starter home without a premium price tag, or practical downsizers looking for a single-level layout with a good-sized yard. It’s a home for those who value location and lot size over square footage, and who see potential in a property that is competitively priced within its community but below broader city averages.
Frequently Asked Questions
1. How does this home's value compare to others in Winnipeg?
The home’s assessed value of $291,000 is consistently below the Winnipeg city average (which is over $390,000 for comparable homes). However, it aligns very closely with the average value in both the Munroe East area and on Prince Rupert Avenue itself, indicating it is priced appropriately for its specific location.
2. Is the living space considered small?
At 920 sqft, the living area is below the average for Winnipeg. It is a compact bungalow, which means efficient use of space is key. This size is manageable for smaller households and can mean lower utility and maintenance costs.
3. What does the sale history tell us?
The property has sold three times since 2016, each time in a higher price band, suggesting a pattern of steady value growth. The most recent sale was in 2020 in the $250k-$300k range.
4. The home was built in 1959. What should I consider?
While newer than many neighbours, a 67-year-old home will likely have had some systems updated. A thorough inspection is essential to understand the condition of the roof, foundation, plumbing, electrical, and heating. Its age also places it in an era of generally straightforward construction, which can be appealing for renovations.
5. How can I get the exact past sale prices?
The displayed prices are broad ranges. To obtain the exact historical sale figures, you must request them directly via email from the site. They provide this verified data manually due to industry regulations that prevent displaying MLS sold data publicly.