Property Overview: 136 Malcana Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a solid, middle-of-the-road offering in Winnipeg's River East neighborhood. Built in 1980, its 1,344 sqft living area and $413k assessed value are consistently "around average" when compared to the street, neighborhood, and city, indicating a property that aligns with established norms for the area. Its appeal lies in this very predictability—it's a known quantity without unexpected extremes. The lot size of 6,002 sqft is a relative standout, ranking above average for the street, offering more outdoor space than many immediate neighbors.
This property would suit practical, value-conscious buyers looking for a move-in-ready home in a stable community. It’s ideal for someone who prioritizes neighborhood fit over finding a standout bargain or a unique project. The data suggests a home that won’t likely surprise you in terms of size or value, which can be a comfort for first-time buyers or those seeking a straightforward purchase. A thoughtful perspective is that its consistent "average" rankings may translate to easier financing and appraisal processes, as it clearly fits within its market context.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in 2017. Its current assessed value of $413k is above the street average of ~$392k, ranking 21st out of 51 homes. For exact, verified sale prices of nearby properties, you can request a manual lookup via email.
2. Is the lot size a significant advantage?
Yes, relatively. At just over 6,000 sqft, the lot ranks 14th out of 51 on Malcana Street, meaning it's larger than most direct neighbors. This offers more private outdoor space, though it's closer to the neighborhood average.
3. What does the "around average" ranking for almost every metric mean for a buyer?
It indicates a property that is typical for its area, which generally means lower risk. You are unlikely to be overpaying for premium features, but you're also not finding a hidden gem priced below market. It represents the core of the local housing stock.
4. The home was built in 1980. What should I consider?
While the build year is typical for the street, a home of this age will likely have seen updates or replacements to major components like the roof, windows, and HVAC. Inquiring about the age and condition of these systems is a key next step.
5. How current and accurate is this sold price data?
The sold price range shown is from public records. For fully verified figures and a complete transaction history, you must request the information by email, as this site does not display MLS sold records due to industry rules.