Property Overview
579 Bronx Avenue is a well-established home in Winnipeg's Munroe West neighbourhood. Built in 1955, it sits on a generous 5,851 sqft lot and offers 1,022 sqft of living space. With an assessed value of $330,000, it presents a grounded opportunity in the market.
Key Characteristics & Appeal
This property’s primary appeal lies in its strong positioning within its immediate community. The lot size is notably above average for both the street and the Munroe West area, offering more outdoor space than many neighbouring homes—a valuable asset for gardening, play, or expansion. While the living area is modest compared to the city-wide average, it is actually above average for the local area, suggesting the home fits comfortably within the neighbourhood's typical scale.
The assessed value is consistently above average for both the street and the broader area, indicating it is perceived as a solid, valuable property within its core market. This creates an interesting dynamic: you are acquiring a home that stands out positively in its own locale, while being priced around the middle range for the entire city. It suits a practical buyer who values a larger yard and a established neighbourhood over maximizing interior square footage. It would be ideal for a first-time buyer looking for a manageable home with room to grow outdoors, or for someone seeking a stable investment in a community where the property already holds strong relative value.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is a key feature. At 5,851 sqft, it ranks in the top 8% on Bronx Avenue and the top 17% in Munroe West, meaning it is significantly larger than many of its immediate neighbours.
2. Is the living space small for a home at this price?
It depends on your perspective. City-wide, the living area is below average. However, within the Munroe West area, it ranks above average (top 30%), indicating the home is appropriately sized for its specific neighbourhood context.
3. What does the assessed value tell us about the property?
The $330,000 assessment is well above the average for both Bronx Avenue and Munroe West. This suggests the municipal assessment views it as a higher-value property within its local market, which can be a marker of stability.
4. When was it last sold, and for how much?
Records show it was sold in May 2017. The public price data indicates a range of CA$250,000–$300,000. For verified, exact historical sale figures, you can request a manual lookup via email on the property page.
5. Is this a newer home for the area?
Built in 1955, it is actually slightly newer than the average home on its street and in Munroe West, ranking in the top 11-21% for its year of construction locally.