Property Summary: 51 St Michael Road, Winnipeg
Key Characteristics & Appeal
This 833 sqft bungalow, built in 1973, sits on a 5,998 sqft lot in Pulberry. Its core appeal lies in offering solid value and a manageable footprint in a mature neighborhood. The home’s assessed value of $367k is very close to the Winnipeg average, yet it is priced below the Pulberry neighborhood average, suggesting a potentially more affordable entry point into the area.
The property suits first-time buyers, downsizers, or investors seeking a lower-maintenance home without a premium price tag. Its smaller living area is a trade-off for simpler upkeep and lower utility costs. A thoughtful perspective is that while the house itself is modest in size relative to the street and area, the lot size is fairly typical for the city, offering decent outdoor space. Notably, the home is newer than most on its street, which may imply updates or a longer lifespan for major components compared to immediate neighbors. The last known sale was in 2019 for between $200k-$250k, indicating significant equity growth for the seller and underscoring the area’s appreciation.
Frequently Asked Questions
1. Is the house significantly smaller than others nearby?
Yes. At 833 sqft, the living area is below the average for St Michael Road, the Pulberry neighborhood, and Winnipeg overall. This makes it a more compact, efficient home.
2. How does the assessed value compare to similar homes?
The $367k assessment is around the citywide average but below the Pulberry neighborhood average. This can indicate a value-oriented position within a potentially more desirable local market.
3. What does the year built tell us?
Built in 1973, this home is newer than most on its street and in the immediate area. This is a relative advantage, possibly meaning fewer issues associated with older construction.
4. How reliable is the sold price data shown?
The displayed sale range (CA$200k–250k for March 2019) is based on public data, not the MLS. For fully verified, exact historical sale figures, you must request a manual lookup via email from the site.
5. What are the possible trade-offs of this property?
The primary trade-off is space for value. You gain affordability and a manageable property but with less interior square footage than typical area homes. The lot is also smaller than others on the same street, though it aligns more closely with city norms.