Property Overview: 262 St Michael Road, Winnipeg
Key Characteristics & Appeal
This home at 262 St Michael Road in Pulberry is a well-situated, mid-century property that presents a practical and straightforward opportunity. Built in 1972, it is notably newer than many comparable homes on its street and in the wider neighborhood. With 1,002 sqft of living space, it offers a compact and efficient layout that is slightly below average for the area but typical for many Winnipeg homes. Its assessed value of $403k aligns closely with averages at the street, neighborhood, and city-wide levels, suggesting a market-appropriate valuation.
The appeal here lies in its balance and established context. The lot size is manageable at just over 6,000 sqft, and the home’s newer vintage relative to its immediate peers could imply fewer major age-related updates in the near term. It suits first-time buyers or downsizers looking for a no-surprises entry into a mature neighborhood, or an investor seeking a stable rental property. A thoughtful perspective is that its "average" metrics across the board can be a strength—it represents a known quantity in the market, potentially reducing volatility and competition compared to more outlier properties.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,002 sqft, the living space is slightly below the average for the Pulberry neighborhood (1,320 sqft) but is closer to the average for St Michael Road itself (1,099 sqft). It represents a more compact, efficient footprint.
2. Is the assessed value in line with the area?
Yes. The $403,000 assessment is very close to the average for the street ($384.4k), the neighborhood ($422.7k), and city-wide ($390.1k) for comparable homes, indicating a value consistent with its market.
3. When was it last sold and for how much?
Records show it sold in January 2018. The public price data indicates a sold price range of CA$300,000–$350,000, which placed it in the top 29% of sales on St Michael Road at that time.
4. How can I get the exact historical sold price?
The site provides sold price ranges publicly. To receive the exact sold price figures, you can request a manual lookup by email. This process is due to industry rules that prevent displaying full MLS transaction data directly on the site.
5. What is a less obvious thing to consider about this property?
The year built (1972) is a standout. It ranks in the top 27% on its street, meaning it is significantly newer than many of its direct neighbors. This could be an advantage regarding the age of core components like wiring or plumbing compared to older homes in the area.