Property Overview: 255 St Michael Road, Winnipeg
Key Characteristics & Appeal
This 1,082 sqft bungalow, built in 1973, presents a solid, above-average offering in the Pulberry neighborhood. Its primary appeal lies in its strong value proposition and established setting. The home's assessed value of $437k ranks well above the street and neighborhood averages, suggesting it is perceived as a higher-quality asset within its immediate area. While the living space is modest and typical for the locale, the lot size of 6,599 sqft is notably above the Winnipeg average, offering good outdoor space potential.
The property suits practical buyers looking for a move-in-ready home in a mature community without paying a premium for extra square footage. It’s particularly fitting for those who value a larger yard over a larger house, or for investors/owners who appreciate that its official valuation stands out positively on its street—a less obvious point that can indicate better long-term stability compared to neighboring properties. The 1973 build date is newer than most on the block, which may imply updates or a longer lifespan before major system replacements.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above average for both St Michael Road and the broader Pulberry neighborhood, ranking in the top 25%. This indicates it is considered a higher-value property in its local context.
2. Is the living space smaller than average?
At 1,082 sqft, the living area is close to the street average (1,099 sqft) and is typical for the area. It represents a efficient, manageable layout rather than an expansive one.
3. When was it last sold and for how much?
Records show it sold between June and July 2020 for an estimated price between CA$350,000 and $400,000. Exact sale prices require a manual lookup request through the site.
4. What is the advantage of a newer build year like 1973 on this street?
With an average build year of 1965 on the street, this home is roughly 8 years newer than many neighbors. This can sometimes correlate with updated building materials, floorplans, or infrastructure, potentially deferring some major renovation timelines.
5. How does the lot size compare?
The lot of 6,599 sqft is larger than the Winnipeg average for comparable homes. While it’s around the average for the street, it offers more outdoor space than many city-wide properties, which is a key feature for this home.