Property Overview: 373 Elm Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This well-established home on Elm Street presents a compelling blend of space, location, and value. Built in 1930, its nearly 2,000 sqft of living area is notably above average, ranking within the top 20% of the desirable North River Heights neighborhood and the top 12% city-wide. The property’s assessed value of $640k follows this trend, placing it in the top 10% locally, indicating a premium, well-regarded asset. The lot size is consistent with area norms.
The appeal lies in acquiring a spacious character home in a prime, mature neighborhood, with metrics that suggest it outperforms many peers. It suits buyers looking for established communities, who value more interior space over a vast yard, and who appreciate a home with a proven value history. A thoughtful perspective is that its "above average" standing across multiple scales offers a relative buffer in market fluctuations, while its recent sale in late 2024 provides clear, current market context.
Frequently Asked Questions
1. How does this home’s size and value compare to its immediate neighbors?
On Elm Street itself, this home ranks in the top 27% for living area and the top 15% for assessed value, meaning it is both larger and more highly valued than most homes on the same block.
2. What do the sold prices tell us?
The home sold in October 2024 for an estimated $700k-$750k. This sale price ranked in the top 8% for the North River Heights area at the time, demonstrating strong market demand.
3. Is the lot size a drawback?
The land area is typical for North River Heights but slightly below the city-wide average. This suggests a standard urban lot for the area, prioritizing house size over extensive outdoor space.
4. How reliable is this sold price data?
The displayed price is a publicly estimated range. For fully verified and exact sale figures, you must request a manual lookup via email, as this site does not have access to MLS sales records.
5. What might the 1930 build date mean for a buyer?
While older than the city average, its build year is typical for Elm Street and North River Heights. Buyers should anticipate the character and potential renovation needs consistent with a home of this era, balanced by its established streetscape and mature landscaping.