Property Overview: 388 Bronx Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 388 Bronx Avenue in Munroe West presents a compelling blend of space, value, and established neighbourhood character. Built in 1950, its key appeal lies in its strong positioning within its immediate area. The 1,152 sqft living area is notably above average for both the street and the Munroe West neighbourhood, offering more interior space than many nearby homes. This is paired with a generous 5,266 sqft lot, providing ample outdoor space.
The home’s assessed value of $333K ranks well above the local averages for Bronx Avenue and Munroe West, suggesting it is perceived as a higher-value property in its core community. A less obvious perspective is that while its value is premium for the area, it sits around the city-wide average, potentially offering a "sweet spot" – the benefits of a desirable, established local street without the premium of a city-wide hotspot price tag.
This property would suit practical buyers looking for a spacious home on a good-sized lot in a mature neighbourhood. It’s ideal for someone who values relative space and lot size over a newer build, and who appreciates a home that stands out in its immediate community for its substance and assessed value.
Section 2: Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows this home is a standout on its street and in Munroe West for both living space and assessed value, ranking in the top 24% and 19% on the street, respectively. It offers more interior space than the typical home in the area.
2. The home was built in 1950. What should I consider?
While the build year is typical for the neighbourhood, it is older than the Winnipeg city average. Buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, and consider an inspection to assess their current condition.
3. What does the sold price history indicate?
Records show it last sold between $350K-$400K in late 2021. This sale price ranked in the top 6% for the street and top 3% for the area at that time, confirming its history as a premium-priced property in this specific locale.
4. Is the lot size a major feature?
At over 5,200 sqft, the lot is above average for Munroe West. This is a significant asset for outdoor space, gardening, or potential expansions, and is less common on newer lots in the city.
5. How can I get the exact historical sold prices?
The provided sold price is an estimated range. Due to data source rules, exact sale figures are not displayed publicly on the site. You can request the exact sold price history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.