Property Summary: 100 Algonquin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1975-built home in River East offers a practical and well-positioned family living space. With 1,898 sqft of living area, it sits comfortably above the averages for both the neighborhood and the wider city, providing more interior space than many comparable homes. Its assessed value of $497,000 is notably above the River East and Winnipeg averages, suggesting a perception of solid value relative to its area.
The appeal lies in its established neighborhood setting and its efficient use of a 6,714 sqft lot. While the lot size is smaller than others on Algonquin Avenue, it is still above the city average, offering manageable outdoor space without excessive maintenance. A key, less obvious perspective is that this home represents a "middle ground" on its street—it’s not the largest or most valuable, but it outperforms broader area benchmarks, potentially offering a balance of space and value without the premium of the street's largest properties.
This home would suit buyers looking for an above-average sized home in a mature neighborhood, who prioritize interior space over an exceptionally large yard. It’s a practical choice for families or long-term owners seeking a established community feel in River East.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is above average for both the River East neighborhood and the city of Winnipeg. However, on its specific street, Algonquin Avenue, it is around the average, as many homes on this street are larger.
2. What does the assessed value tell me?
The $497,000 assessment is above the typical home value in both River East and Winnipeg, indicating it is considered a higher-value property in these broader contexts. On its own street, the assessment is around the average.
3. Is the lot size a drawback?
The lot is smaller than most on Algonquin Avenue but is still larger than the typical Winnipeg lot. It offers a manageable yard size, which can mean less upkeep.
4. The home sold in 2022 for between $600,000-$650,000. Why is that higher than the assessed value?
Assessed value is for municipal tax purposes and often lags behind the actual market value, which is determined by what a buyer is willing to pay. The 2022 sale price indicates strong market demand at that time.
5. How can I get the exact historical sale price?
The provided sale data is based on public records, not the MLS. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as industry rules prevent the display of MLS sold records here.