Property Overview
This home at 434 Brock Street in Winnipeg's North River Heights neighbourhood presents a compelling mix of space, established value, and a central location. Built in 1947, its key appeal lies in offering above-average living space and a strong assessed value relative to its surroundings, set on a more modest, manageable lot.
Key Characteristics & Appeal
The nearly 1,924 sqft of living area is a standout feature, placing it comfortably in the top 20% for size both on its street and in the desirable North River Heights area. This generous interior space is paired with a solid assessed value of $534k, which is consistently above average across all comparison levels—street, neighbourhood, and city-wide. This suggests a well-regarded property in terms of municipal valuation.
The home’s appeal is nuanced. It offers the spaciousness often sought by small families or professionals needing a home office, without the extensive yard maintenance that comes with a larger lot. The lot size of just over 4,000 sqft is notably smaller than most neighbours, which could be a drawback for those wanting expansive outdoor space, but a benefit for buyers seeking a lower-maintenance property in a prime location. It suits buyers who prioritize interior square footage and established neighbourhood character over a large yard, and who appreciate a home whose value fundamentals are strong within the context of its community.
Frequently Asked Questions
1. How does the lot size impact the property?
While the living space is generous, the lot is smaller than most in North River Heights. This likely means less private outdoor space and potentially less distance from neighbours, but also translates to less yard work and lower landscaping costs.
2. What does the assessed value tell me?
The $534k assessment is significantly above the Winnipeg city average and strong for the neighbourhood. It’s a key indicator of the city’s valuation for tax purposes and generally reflects a positive view of the property’s worth relative to others, but it is not a direct marker of current market price.
3. Is the age of the home (1947) a concern?
The home is older than the Winnipeg average but typical for its well-established neighbourhood. Buyers should budget for potential updates common to houses of this era, such as older windows, plumbing, or electrical systems, while appreciating the character and build quality often found in homes from this period.
4. How can I find out the exact past sale price?
The listing indicates a sale occurred in September 2020 for an estimated $400k-$450k. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold records.
5. How truly "above average" is this home?
The data shows it excels in interior space and assessed value. Its strength is in its living area, ranking in the top 17% on its street. However, it’s a balanced prospect; it trades a larger lot (where it ranks in the bottom 10% on the street) for that premium interior space, defining its specific market niche.