Property Overview: 326 Montrose Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 326 Montrose Street presents a compelling blend of space, established neighbourhood character, and relative value. Its primary appeal lies in its generous proportions. With 2,218 sqft of living area, the home offers significantly more interior space than most homes in North River Heights, the wider city, and even on its own street. This is paired with a substantial, above-average lot of nearly 6,000 sqft for the area, providing ample outdoor potential.
Built in 1930, the home is a classic example of the neighbourhood's character. While its age is typical for the immediate area, it is notably older than the Winnipeg average, suggesting a well-established streetscape. The assessed value of $539,000 sits around the average for Montrose Street but is positioned above average for both the North River Heights neighbourhood and the city overall. This indicates you are paying for a desirable location and a larger-than-typical home, rather than an inflated lot price. Recent sale data suggests it transacted within a competitive price band for its tier.
This property would best suit buyers looking for a spacious character home in one of Winnipeg's established neighbourhoods. It’s ideal for those who prioritize interior room and garden space over a modern build, and who appreciate a home that holds its value well above city norms. A thoughtful perspective is that this home offers the "bones" and space that are hard to find in newer subdivisions, appealing to someone willing to update a classic property to their own taste.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 2,218 sqft, the living area is in the top 11% for North River Heights and the top 6% city-wide, meaning it is significantly larger than most comparable homes.
2. Is the assessed value high for the area?
The $539,000 assessment is around the average for Montrose Street itself but is above the average for both the broader North River Heights neighbourhood and the city of Winnipeg, reflecting the home’s larger size and location.
3. What does the year built (1930) imply?
The age is typical for North River Heights, ensuring neighbourhood character, but it is older than the average Winnipeg home. Buyers should be prepared for the potential maintenance and updating that comes with a character home of this vintage.
4. How reliable is the sold price data shown?
The displayed sold price range is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup via email from the site.
5. What is the land like?
The 5,998 sqft lot is above average for North River Heights, offering more outdoor space than most in the neighbourhood, but is around the average size when compared to lots across the entire city.