Property Overview: 128 St Vital Road, Winnipeg
Key Characteristics & Appeal
This is a compact, well-established home in the Pulberry neighborhood, built in 1945. Its key characteristic is its modest scale, with a living area of 681 sqft, which is notably smaller than most homes on its street, in the neighborhood, and across Winnipeg. The lot size of just under 5,000 sqft is more in line with local averages. The home’s assessed value of $239k is significantly below area averages, reflecting its size and vintage.
The primary appeal lies in its position as an accessible entry point into the Winnipeg market. It suits first-time buyers, downsizers, or investors seeking a lower-cost property with renovation potential. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less maintenance, appealing to those seeking simplicity. Its consistent sale history within a stable price band over the last five years suggests a predictable, no-surprises market position. It may also attract buyers interested in adding value through a thoughtful expansion or modernization of a classic structure, given the solid lot size.
Frequently Asked Questions
1. Is this home significantly smaller than its neighbors?
Yes. The living area is 681 sqft, which ranks in the bottom 8% on its street and bottom 1% in the Pulberry neighborhood when compared to similar homes. This is its most defining feature.
2. Why is the assessed value lower than the area average?
The assessed value of $239k is below average primarily due to the home's smaller size and older construction date (1945). It ranks in the bottom 15% on its street and bottom 1% in the neighborhood for assessed value.
3. What is the recent sales history?
The property has sold three times in recent years: in early 2024, late 2020, and late 2019. Each sale price fell within the $200k-$250k range, indicating stable value in that bracket.
4. How does the lot size compare?
The 4,997 sqft lot is closer to the standard, ranking near the middle of the pack on its street and city-wide. This means the outdoor space is more typical, even if the home itself is compact.
5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed on this site. You can request the full transaction history and exact figures by email, and the team will provide them via a manual lookup.