Property Overview: 117 St Michael Road, Winnipeg
Key Characteristics & Appeal
This 1,273 sqft home, built in 1973, presents a solid and above-average offering within its immediate Pulberry neighbourhood. Its primary appeal lies in its strong positioning on St Michael Road itself, where it ranks in the top 20% for both living space and assessed value compared to neighbouring homes. This suggests a well-regarded and updated property on a desirable street.
The home suits practical buyers looking for a move-in-ready property with proven value in a mature community. It’s particularly appealing for those who prioritize a home’s condition and street-level prestige over lot size, as the yard is notably smaller than others on the block. The 2023 sale price indicates active market interest and a significant value increase from its 2019 sale, pointing to a sound investment in a stable area.
A less obvious perspective is that this property represents a "sweet spot" – it’s newer than most on its street, offering potentially fewer immediate maintenance concerns than older counterparts, yet it’s situated in an established area with mature landscaping and settled community feel. The smaller lot could be a bonus for buyers seeking lower outdoor maintenance.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value of $426k is above average for both St Michael Road and the wider Pulberry neighbourhood, ranking in the top 30%. This indicates it is likely viewed as a higher-quality asset compared to many nearby properties.
2. Is the lot size a concern?
The land area of 5,447 sqft is below average for the street and neighbourhood. This means less private outdoor space but typically translates to less yard work. It’s a trade-off that suits low-maintenance lifestyles but may not suit those wanting extensive gardens or large outdoor recreation areas.
3. What does the sale history tell us?
The property sold between $400k-$450k in August 2023, placing it in the top 8% of sales on its street at that time. This strong sale, following a 2019 sale in the $300k-$350k range, suggests substantial appreciation and sustained buyer demand for this specific location.
4. How does the living space compare?
At 1,273 sqft, the living area is comfortably above the street average. It provides more space than many direct neighbours while being on par with the broader city average, making it a spacious choice for the immediate area without being overly large.
5. Where can I get verified sale price details?
The exact sold prices are not publicly displayed due to industry regulations. You can request the full transaction history and exact figures by emailing the site directly for a manual lookup, which they provide without using your contact information for marketing.