Property Overview: 11 Evenlea Walk, River East, Winnipeg
Key Characteristics & Buyer Appeal
This 1,028 sqft bungalow, built in 1976, presents a practical opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in value and stability. With an assessed value of $341k, it sits below the local area average, offering a more accessible price point in a mature community. The lot size is standard for the street, and the home's year of construction is actually the newest among its immediate neighbors, suggesting potentially fewer age-related issues than other houses on the block.
The property suits first-time buyers or downsizers seeking a foothold in an established neighborhood without a premium price tag. It’s a straightforward home for those who prioritize location and lot over square footage, as the living area is modest compared to area averages. A thoughtful perspective is that its "below average" size and value metrics could be an advantage, representing a lower barrier to entry and a manageable space for upkeep, allowing owners to invest in updates over time.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $341,000 is below the current averages for both Evenlea Walk ($361.5k) and the wider River East area ($401.1k). This suggests a potentially competitive asking price within its immediate market.
2. Is the house smaller than others in the area?
Yes. At 1,028 sqft, the living area is below the average for the street, neighborhood, and city. This indicates a more compact, efficient layout suitable for smaller households.
3. What does it mean that the year built is ranked "Elite" on the street?
Built in 1976, this home is the newest among the 49 comparable properties on Evenlea Walk. This doesn't guarantee condition, but it implies a relative advantage in terms of construction era and possibly the age of major components compared to its direct neighbors.
4. Can I get the exact sales history for this property?
The public listing data does not show sales history. You can request exact historical sold prices by emailing the site; they will manually look up and provide the information.
5. What are the typical property taxes for an assessment of $341k in Winnipeg?
Property taxes are not provided in this data. You would need to apply the current City of Winnipeg mill rate to the assessed value for an accurate estimate, or consult the city's tax calculator.