Property Overview: 1223 Mountain Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and location within Winnipeg's Mynarski neighbourhood. Built in 1953, its 1,160 sqft living area is notably spacious for the immediate area, ranking in the top 10% locally. The property's standout feature is its generous 5,555 sqft lot, offering above-average outdoor space for the street and neighbourhood, which is a significant advantage for gardening, recreation, or future expansion.
The appeal lies in its strong value proposition within its specific context. With an assessed value of $298,000, it ranks in the top 7% on its street, suggesting it is a higher-caliber home on Mountain Avenue compared to its direct neighbours. This indicates a property that may offer more features, better condition, or greater size than many nearby. It last sold in July 2023 for an estimated $350k–$400k. The data suggests this home is a "big fish in a small pond"—it offers more house and land for the money within its local community than you might find in broader city comparisons, where its value falls below the Winnipeg average.
This property would suit practical buyers looking for space and value in a established neighbourhood. It’s ideal for first-time buyers or investors seeking a home with a larger-than-average lot, or for those who prioritize indoor and outdoor living space over a newer build or a city-wide "prestige" address. It represents a grounded opportunity to get more tangible property for your investment at a local level.
Frequently Asked Questions
1. Why is the assessed value so high compared to other homes on the street?
The assessment ranks in the top 7% on Mountain Avenue, significantly above the street average. This typically reflects a combination of the home's larger living area, its substantial lot size, and potentially its condition or improvements relative to neighbouring properties.
2. How does the lot size compare to typical city properties?
At 5,555 sqft, the lot is above average for both the street and the Mynarski area, but is around the middle range (Top 41%) city-wide. This means you get a spacious yard for the neighbourhood, which is a local advantage, though not an exceptionally large lot by Winnipeg's full standards.
3. The home was built in 1953. Is it older than most in the area?
Interestingly, no. While it's newer than most homes on its specific street (ranking Top 16%), it is actually one of the newer homes in the wider Mynarski area, where the average comparable home is from 1957.
4. What does the sold price history tell us?
The home sold in July 2023 for an estimated $350,000–$400,000. This final sale price was significantly higher than the average for Mountain Avenue, aligning with its above-average assessed value for the street.
5. How can I get the exact sold price?
The exact sold price is not publicly displayed due to industry data rules. You can request the verified figure by emailing the site directly. They will perform a manual lookup and provide the exact history without using your email for marketing.