Property Overview: 364 Montrose Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 364 Montrose Street in North River Heights presents a classic, well-proportioned offering. Built in 1929, it features 1,914 sqft of living space on a generous 5,998 sqft lot. The data reveals a property that stands out for its spaciousness, particularly when compared to city-wide averages, where it ranks in the top 13% for living area. Its assessed value of $459K positions it as above average city-wide but offers a relative value within its own desirable neighbourhood and street, where values are typically higher.
The appeal lies in its established setting and scale. The lot size is notably above average for North River Heights (top 16%), suggesting valuable outdoor space and potential in a mature area. It suits buyers looking for character in a prime neighbourhood without the premium price tag of a fully renovated or newer home. It’s an ideal candidate for someone who values space and location over newness and is prepared for the realities and rewards of a heritage-era home. A thoughtful perspective is that this property represents a balance—it’s not the largest or newest on the block, but it holds its own with solid dimensions, potentially offering more manageable renovation costs or property taxes than the highest-valued homes nearby.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home sold in August 2023 for between $450,000 and $500,000. This sale price was around the median (top 50%) for Montrose Street at the time, indicating it was a market-value transaction consistent with the street’s activity.
2. Is the living space considered large for Winnipeg?
Yes. With 1,914 sqft, the home’s living area is significantly above the Winnipeg average (top 13% city-wide) and also above average for the North River Heights neighbourhood (top 20%).
3. What should I consider about the home’s age?
Built in 1929, the home is older than most in Winnipeg (top 83%, meaning only 17% of city homes are older). This suggests potential for character and sturdy construction, but also means prospective buyers should pay close attention to the condition of major systems like plumbing, electrical, and the roof during an inspection.
4. How does the lot size compare?
The 5,998 sqft lot is a key feature, ranking well above average for the North River Heights area (top 16%). This is a sizable parcel for the neighbourhood, offering more private outdoor space than many comparable properties.
5. How can I get the exact historical sold price?
The exact sale price is not publicly displayed due to industry regulations. You can request the precise figure by emailing the site directly. They will perform a manual lookup and provide the information, typically by the end of the same business day.