Property Overview: 435 Montrose Street, North River Heights
Key Characteristics & Appeal
This home at 435 Montrose Street is a classic North River Heights property that represents a solid, above-average offering within the broader Winnipeg market. Built in 1944, it sits on a generous, well-established lot of nearly 6,000 sq ft, providing ample outdoor space that is larger than most in the immediate neighbourhood. With 1,708 sq ft of living area, the home offers more space than the typical Winnipeg house, positioning it well for comfortable family living.
Its primary appeal lies in its strong positional value. The assessed value of $546,000 is notably above the averages for both the wider city and the North River Heights area, suggesting a perception of quality and a desirable location. This is a home that isn't an outlier on its street but holds its own as a better-than-average property in a sought-after neighbourhood. It would suit buyers looking for a character home with a sizable yard, who value the established streetscapes and convenience of River Heights, and who are seeking a property with a history of stable value appreciation, as indicated by its significant increase in assessed value since its last sale.
A less obvious perspective is that this property offers a balance between character and space without being a premium, top-tier project. It’s a practical choice for someone who wants the neighbourhood prestige and room to grow but may be wary of the maintenance or price point of a fully renovated or newer luxury home. Its metrics suggest you are paying more for the location and land than for an exceptionally modern or large interior.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value of $546,000 is above the average for both North River Heights and Winnipeg overall, placing it in the top 20% of the neighbourhood and top 13% city-wide. This indicates it is considered a higher-value property within its market.
2. Is the lot size typical for the area?
At 5,997 sq ft, the lot is larger than most in North River Heights, ranking in the top 18% of the neighbourhood. It offers more outdoor space than many comparable properties.
3. When was it last sold, and for how much?
The property was last sold in December 2021. The public price range provided is between $450,000 and $500,000. For verified, exact sale figures, a manual lookup can be requested from the site.
4. What does the year built mean for potential updates?
Built in 1944, the home is typical for the older, character-filled North River Heights area. Buyers should budget for potential updates common to houses of this era, such as windows, roofing, or mechanical systems, while appreciating the established neighbourhood and mature landscaping.
5. How spacious is the interior compared to other homes?
With 1,708 sq ft of living area, the home is larger than the average Winnipeg house and slightly above the average for North River Heights. It provides a comfortable amount of space, ranking in the top third of the neighbourhood.