Property Overview: 114-230 Bonner Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 114-230 Bonner Avenue in River East presents a compelling mix of modern build and relative value. Its key characteristic is its age: built in 2016, it is newer than virtually all comparable homes on its street and in the wider neighborhood. This suggests less immediate concern for major repairs or outdated systems, offering move-in readiness.
The appeal lies in its position as a well-maintained, contemporary property within an established area. While its living space (1,006 sq ft) is modest compared to nearby averages, this can translate to lower utility and maintenance costs. The assessed value of $302k is above the Winnipeg average but sits below the averages for Bonner Avenue and River East, potentially offering a more accessible entry point into a desirable neighborhood. This combination suits first-time buyers or downsizers seeking a modern, low-maintenance home without the premium of a brand-new build. It also appeals to value-conscious buyers who prioritize newer construction and are comfortable with a cozier footprint.
Section 2: Frequently Asked Questions
1. Is this a good value for the neighborhood?
The data suggests it may be. The home’s assessed value is below the local street and neighborhood averages, while its build year is significantly newer. This could indicate you’re paying less for a more modern property compared to older, larger homes in the area.
2. What does the sold price history show?
Records indicate it last sold between $250k-$300k in late 2016. To obtain the exact sale price and a verified transaction history, you must request a manual lookup from the site via email, as this data is not sourced from the MLS.
3. How does the living area compare practically?
At 1,006 sq ft, the home is smaller than many on Bonner Avenue. This is ideal for efficient living but may require creative space planning for growing families or those needing a home office. Its city-wide ranking shows it’s close to the average Winnipeg home size.
4. Why is the city-wide assessed value ranking so much higher?
The home ranks in the top 28% city-wide for assessed value because its $302k assessment is well above the Winnipeg average of $256k. This highlights that River East is a higher-value area overall, and this property is positioned within that market.
5. What are the immediate next-door properties like?
The listing shows several adjacent units with the same “230 Bonner Avenue” address (e.g., 113-230, 115-230), suggesting this is likely a condominium, townhouse, or similar multi-unit complex. This is important for understanding strata or condo fees, rules, and shared amenities.