Property Overview: 419 Sydney Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 881 sqft bungalow, built in 1959, presents a practical opportunity in Winnipeg's Munroe West neighborhood. Its core appeal lies in its relative modernity within its immediate context; it is a newer home compared to most on its street and in the local area, which can suggest updated infrastructure and potentially lower maintenance needs than its older peers.
The home sits on a 3,299 sqft lot, offering standard outdoor space for the street but a more compact, manageable yard compared to broader area averages. The assessed value of $275k ranks above average for Sydney Avenue, indicating it is perceived as a higher-quality asset on its block, yet it remains positioned below the city-wide average for home values.
This property would best suit first-time buyers or downsizers seeking a manageable, single-level home in an established neighborhood. It’s a sensible choice for those who prioritize a home that is newer than its surroundings and offers a value proposition strong for its specific street, over seeking a large lot or above-average square footage city-wide.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
Yes. The home’s assessed value is in the top 24% on Sydney Avenue, meaning it is valued higher than most direct neighbors. This often reflects factors like its newer construction date (1959 vs. a street average of 1939), condition, or improvements.
2. How does the lot size compare?
The lot is fairly typical for Sydney Avenue but is below the average lot size for the wider Munroe West area. This translates to a more manageable yard with less upkeep, but less private outdoor space than some other local properties.
3. What does the sold price history indicate?
The property last sold between $250k-$300k in March 2023. This sale price was in the top 21% for the street at the time, reinforcing that it has historically commanded a premium relative to its immediate neighbors.
4. The home seems smaller than the city average. Who is it for?
At 881 sqft, the living area is below the Winnipeg average. This makes it a efficient, cozy layout ideal for individuals, couples, or small families who don’t require extensive space, and who may prefer the heating and maintenance efficiency of a smaller footprint.
5. How can I get the exact historical sold prices?
The provided sold price is an estimated range. For fully verified and exact sale figures, you must request a manual lookup via email through the site, as this data is not sourced from the MLS system.