Property Overview: 1207 Polson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,072 sqft bungalow, built in 1957, sits on a notably generous 4,873 sqft lot in the Mynarski neighbourhood. Its primary appeal lies in its strong positional value within its immediate context. While the home's size is fairly typical for Winnipeg, its assessed value of $340k stands out significantly on its street, ranking in the top 5% of Polson Avenue. This suggests a property that is either better maintained, updated, or configured more desirably than many of its neighbours. The lot size is also well above the street average, offering ample outdoor space that is a relative rarity in the area.
The home would suit practical buyers looking for a solid, no-fuss property with room to breathe. It’s ideal for a first-time homeowner who values a larger yard over a larger house, or an investor seeking a property with strong fundamentals in a mature neighbourhood. A thoughtful perspective is that this home represents a "big fish in a small pond" scenario—its metrics are elite on its own street but more average city-wide. This can indicate a good entry point into a neighbourhood with potential, where the property itself is a standout.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much higher than the street average?
The property's $340k assessment ranks in the top 5% on Polson Avenue, where the average is about $241k. This premium typically reflects factors like renovations, additions, superior condition, or a more desirable layout compared to neighbouring homes.
2. How does the lot size compare?
At 4,873 sqft, the lot is substantially larger than the Polson Avenue average of 3,909 sqft, offering more private outdoor space than most properties in the immediate area.
3. When was it last sold and for how much?
Records show it was sold in August 2020. The exact sale price is not publicly displayed, but it fell within the $250,000 - $300,000 range at that time.
4. Is the living space smaller than a typical Winnipeg home?
Yes, at 1,072 sqft, the living area is below the Winnipeg city-wide average of about 1,342 sqft. However, it is very close to the averages for both Polson Avenue and the Mynarski area, making it a typical size for its specific location.
5. How can I get the exact historical sale prices?
The site provides sold price ranges for context. To obtain verified, exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.