Property Overview: 300 Montrose Street, Winnipeg
Key Characteristics & Appeal
This is a standout, modern home in North River Heights, built in 2017. Its primary appeal lies in its exceptional size and premium valuation within a well-established neighbourhood. With 2,275 sqft of living space, it ranks within the top 5-15% for size across the street, area, and city, offering significantly more room than typical Winnipeg homes. The assessed value of $983k places it in the top 1% at every comparison level, indicating it is considered a high-calibre property by municipal assessment.
The home suits buyers looking for a move-in ready, contemporary residence without the wait or uncertainties of new construction, but who still benefit from modern building standards. It’s ideal for those who value ample interior space over an exceptionally large yard, as the nearly 6,000 sqft lot is generous for the area but average city-wide. A thoughtful perspective is that this property represents a rare convergence: a newer home in a mature neighbourhood, offering modern amenities within a classic community setting. It likely appeals to professionals or families seeking both prestige and practicality, who are comfortable with a value tier significantly above their immediate neighbours.
Frequently Asked Questions
1. Why is the assessed value so much higher than nearby homes?
The assessed value reflects the property's modern construction (2017) and its above-average living area. It is evaluated as a premium home not just on its street, but across the entire city, placing it in the top 1% for valuation.
2. How does the lot size compare?
The lot is 5,997 sqft, which is above average for North River Heights but around the average when compared to the entire city. The property’s appeal is driven more by the size and newness of the home itself than by an oversized parcel.
3. What can the last sold price tell us?
Records show it sold between $400k-$450k in August 2016, likely just prior to or during construction. This historical price highlights the substantial appreciation and added value realized upon completion of the new build.
4. Is this a typical home for North River Heights?
No. While North River Heights is known for its older, character homes, this property is among the newest 2% in the area. It offers a different proposition: modern design and systems within a traditional neighbourhood.
5. How can I verify the exact historical sold prices?
The site provides sold price ranges based on public data. For fully verified and exact transaction figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.