Property Overview: 186 St Michael Road, Winnipeg
Key Characteristics & Appeal
This 1,065 sqft home, built in 1973, presents a solid, middle-ground option in the Pulberry neighborhood. Its key appeal lies in balance and relative modernity. While the living space is close to the area average, the home stands out for being newer than many of its immediate neighbors, ranking in the top 13% for year built on its street. This suggests potentially fewer concerns with aging infrastructure compared to older peers.
The assessed value of $412k is above average for St Michael Road, indicating official recognition of its condition or features, yet it remains aligned with broader city averages. The lot size is more compact than others on the street, which translates to less yard maintenance—a practical perk for some buyers. Its last known sale was between $300k-$350k in 2017.
This property would suit a first-time buyer or downsizer looking for a manageable, move-in-ready home in a stable area without extreme outliers in size or value. It’s for someone who prioritizes a home that is comparatively modern on a well-established street over having the largest plot or square footage.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The assessed value is above the street average, which often reflects factors like updates, condition, or the home's newer age. However, a buyer should investigate if recent renovations justify this premium over the street's average assessed value of $384.4k.
2. What does the "newer" build year (1973) actually mean for me?
Being newer than most on the street (average year built 1965) could mean updated electrical wiring, plumbing, or insulation standards for its era. It’s wise to check if major components like the roof, windows, or furnace have been replaced since.
3. The lot is smaller than others on the street. Is that a disadvantage?
It depends on your lifestyle. The 6,026 sqft lot is below the street average but near the city average. It means less yard work and lower potential landscaping costs, which can be a benefit. For privacy or expansion potential, it's worth comparing fence lines and the layout of adjacent properties.
4. How reliable are the sold price figures shown?
The site states sold prices are from public internet data, not the MLS, and are presented as ranges. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
5. Are the ranking percentages a good measure of quality?
The rankings show how this property compares in specific metrics (like size or value) within different zones. For example, ranking in the top 35% city-wide for value suggests it’s not undervalued in the broader market. They are useful for comparison but don’t directly measure the home’s condition or layout.