Property Overview: 342 Brock Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1,548 sqft home, built in 1930, presents a solid and balanced offering in the established North River Heights neighbourhood. Its appeal lies in its above-average citywide standing for both living space and assessed value, suggesting a well-sized home with strong valuation fundamentals. While the lot is more compact compared to immediate neighbours, this often translates to less yard maintenance. The home’s age places it among the older third of properties citywide, which typically indicates character and mature streetscapes, but also warrants a close look at updates and systems.
It sits in a comfortable middle range for its street and area—neither the largest nor the most expensive, which can be appealing for buyers seeking a fair market entry into a desirable area without overextending. This property would suit a buyer who values location and space over a vast yard, and who is comfortable with the realities and charm of a home from the 1930s. It’s a practical choice for professionals, small families, or downsizers looking for a established community with a home that offers more interior space than the Winnipeg average.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $350,000-$400,000 in late 2019. Its current assessed value of $492,000 is above the average for both the street and the broader North River Heights area, indicating a significant increase in valuation since that last sale.
2. Is the lot size a disadvantage?
At 4,307 sqft, the lot is below average for North River Heights. This means smaller private outdoor space but also less upkeep. For buyers prioritizing garden space or expansion potential, it’s a consideration; for those seeking lower maintenance, it can be a benefit.
3. What should I consider given the home’s age?
Built in 1930, the home is older than 82% of properties citywide. Prospective buyers should pay particular attention to the condition of foundational elements, the roof, wiring, plumbing, and windows. A thorough inspection is essential to understand any needed updates or retrofits.
4. How accurate is the sold price data provided?
The site notes that sold price data is from public sources, not the MLS, and is presented in ranges. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
5. What does its "above average" citywide ranking really mean?
While the home is around average for its immediate neighbourhood, it ranks in the top 28% for living area and top 21% for assessed value compared to all Winnipeg homes. This highlights that it offers more space and a higher valuation than most of the city’s housing stock, underscoring its relative strength in a wider market context.