Property Overview: 362 Brock Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 362 Brock Street is a well-established property in the desirable North River Heights neighbourhood. Built in 1932, its primary appeal lies in its generous and above-average living space. With 2,010 square feet, it offers significantly more room than most comparable homes on its street, in the area, and across Winnipeg. This suggests a home that may have been expanded or simply offers a more spacious layout than typical for its era.
The assessed value of $572,000 is also consistently above average across all comparison levels, indicating that its size, condition, and location are formally recognized. While the lot size is somewhat smaller than others on Brock Street, it is close to the city-wide average, making it a efficient footprint in a mature neighbourhood.
This property would suit buyers looking for character and space over a brand-new build. It’s ideal for someone who values the established streetscapes and mature greenery of North River Heights and prefers a home with a larger interior footprint rather than extensive yard maintenance. It represents a solid, above-average offering within its context, perfect for a growing family or those who prioritize indoor living and entertaining space.
Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than many on the same street, it is near the Winnipeg average. This often translates to less yard upkeep and can be a practical choice for those who prefer low-maintenance outdoor space or prioritize interior square footage.
2. What does the above-average assessed value indicate?
An assessed value that ranks consistently higher than peers typically reflects a combination of the home’s larger living area, its location in a sought-after neighbourhood, and likely updates or condition that contribute to its official valuation.
3. The home was built in 1932. What should I consider?
A home of this age will have character but requires diligent inspection. Prospective buyers should pay special attention to the condition of foundational elements, plumbing, electrical systems, and windows, ensuring any updates meet modern standards.
4. How does the last sold price help determine value?
The property sold between $550,000 and $600,000 in mid-2021. Comparing that range to the current assessed value of $572,000 provides a benchmark for market trends and can be a starting point for understanding its price trajectory, though market conditions have likely evolved since then.
5. Where can I get verified historical sale data for this home?
The site notes that exact sold prices and full transaction histories are not displayed online due to industry rules. You can request this information directly via email from the service, which will manually provide the verified figures.