Property Overview: 428 Sydney Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 428 Sydney Avenue in Munroe West is a study in practical value and manageable scale. Built in 1950, it is a newer construction compared to many on its street, potentially suggesting fewer concerns with very aged infrastructure. The 744 sqft living area is compact, placing it in the smaller tier compared to most homes in the city, which positions it as an efficient, low-maintenance space ideal for simplifying life.
Its primary appeal lies in its financial accessibility and lot size. With an assessed value of $247k, it sits around the average for Sydney Avenue but is notably below average for both the wider neighbourhood and Winnipeg overall, representing a more accessible entry point into the market. The 4,367 sqft lot is a standout feature, offering generous outdoor space for its price point and category—a rarity for a home of this size and value.
This property would best suit first-time buyers or downsizers seeking a grounded, no-frills home with a good balance of indoor and outdoor space. It’s for those who prioritize a sensible financial footprint and value the potential of a larger lot over a larger house, seeing opportunity in a manageable structure on a desirable parcel of land.
Section 2: Frequently Asked Questions
1. Is the house unusually small?
Yes, at 744 sqft, the living area is below average for the street, neighbourhood, and significantly below the city-wide average. This indicates a compact, efficient layout.
2. How does the assessed value compare?
At $247,000, it’s very typical for Sydney Avenue but is considered below average for the broader Munroe West area and the city. This suggests it is priced accessibly within its immediate context.
3. What is the significance of the lot size?
The 4,367 sqft lot is a key asset. It is above average for the street and on par for the area, meaning you get more outdoor space than many comparable properties, which is a valuable perk for gardening, recreation, or future expansion.
4. The home was last sold in 2017. What was the price?
Public records show the sale price was in the CA$200k–250k band. For verified, exact historical sale figures, a manual lookup can be requested directly from the site.
5. Is a 1950-built home a concern?
While 74 years old, this home is actually newer than many on its block and in Munroe West. This relative "newness" for the area could imply updates over the years or slightly more modern construction standards than immediate neighbours.