Property Overview: 528 Sydney Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated home in Munroe West presents a compelling blend of space, value, and location. Built in 1955, it is a newer construction compared to many homes on its street and in the immediate area. With 1,064 sqft of living space, it offers more room than most comparable local properties, providing a practical footprint for everyday living.
The primary appeal lies in its strong positioning within the hyper-local market. The home's assessed value of $296k ranks in the top 8% on Sydney Avenue, suggesting it is perceived as a premium property on its own block. This is coupled with a generous, above-average lot size of nearly 5,000 sqft for the street, offering valuable outdoor space and potential. The recent sale in late 2024 within the $300k-$350k range confirms strong buyer interest.
This property would ideally suit pragmatic buyers looking for a move-in ready home in a stable neighbourhood. It’s a strong match for first-time homeowners or downsizers who want more interior and yard space than typical for the area without a city-top price tag. It represents a smart, grounded choice for those prioritizing value retention and livability over a downtown or newer suburban locale.
Frequently Asked Questions
1. How does this home’s value compare to the wider Winnipeg market?
While it ranks highly on its own street, its assessed value is below the city-wide average. This highlights its affordability within the broader market while indicating you are paying a premium for the specific Munroe West location and lot size.
2. Is the 1955 build year a concern?
Interestingly, this is a newer home compared to many neighbours. While it will still require attention to aging components like the roof, windows, or plumbing, it may have benefited from updates over the years that older homes on the street have not.
3. What does the large lot size mean for me?
The nearly 5,000 sqft lot is a significant asset. It provides ample private outdoor space, room for gardening, play, or entertaining, and potential for future additions like a shed or deck, which many closer-in lots cannot accommodate.
4. The sold price is shown as a range. How can I get the exact figure?
Due to data licensing rules, exact sold prices are not displayed publicly on this site. You can request the precise sale history by emailing the provided address for a manual lookup, which they provide as a free service.
5. The living area is above average for the area but average city-wide. What does this mean for daily life?
You will likely find the home more spacious than many direct neighbours, offering a relative sense of comfort and roominess. However, it is a moderately sized home by overall Winnipeg standards, so expectations should be set for efficient, rather than expansive, living space.