Property Overview: 495 Sydney Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 936 sqft bungalow, built in 1956 on a 3,300 sqft lot in Munroe West, presents a compelling value proposition rooted in its specific context. Its primary appeal lies in being a well-maintained, modern home for its immediate area. While its size is below the Winnipeg city average, it ranks well above average for both assessed value and year built on its own street, suggesting it is a more updated and valuable property among its closest peers.
The home would suit practical, value-conscious buyers—particularly first-time homeowners or downsizers—who prioritize move-in readiness and modern systems over sheer square footage. It offers the benefit of a newer structure in an established neighbourhood without the premium price of a brand-new build. A thoughtful perspective is that this property represents a "neighbourhood-centric" value: it may be a smaller home by broad city standards, but within the local context of Sydney Avenue and Munroe West, it stands out as a comparatively recent and highly assessed property, offering a sensible balance of updates, lot size, and community.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $295,000 is significantly above the street average ($250k) and slightly above the neighbourhood average ($273.5k), indicating it is considered a higher-value property in its immediate area.
2. Is the living space small?
At 936 sqft, the living area is slightly above the average for both Sydney Avenue (902 sqft) and the wider Munroe West area (958 sqft). However, it is notably smaller than the Winnipeg city-wide average for homes, which is over 1,300 sqft.
3. What does the "year built" ranking mean?
Built in 1956, this home is newer than approximately 90% of the homes on its street and in the Munroe West area, where average build years are 1939 and 1945, respectively. This suggests more modern construction and potentially fewer major age-related updates compared to neighbours.
4. How does the lot size compare?
The 3,300 sqft lot is slightly below average for Sydney Avenue and more notably below the averages for the broader Munroe West area and Winnipeg. This is typical for older neighbourhoods and may mean less yard maintenance.
5. Where can I get verified sale price history for this home?
The provided data is based on public records, not the MLS. For fully verified transaction history and exact sold prices, you must request a manual lookup via email through the site, as industry rules prevent the display of MLS sold records here.