Property Summary: 182 Pentland Street, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This 1975-built home in River East presents a practical and affordable entry point into the Winnipeg market. With 1,084 sqft of living space, its size is typical for the street but modest for the wider neighborhood. The key characteristic is its value proposition: its assessed value of $252k is significantly below area averages, suggesting a lower property tax burden and an accessible price point. This is balanced by a smaller-than-average lot (just under 3,000 sqft), which means less yard maintenance but also less private outdoor space.
The appeal lies in its position as a manageable, no-frills home in an established area. It suits first-time buyers or investors seeking a straightforward property without a premium price tag. A thoughtful perspective is that its below-average metrics across the neighborhood might indicate a home that hasn’t seen extensive modern upgrades, representing a canvas for a buyer to add value over time. It would also suit those who prioritize financial efficiency and a smaller footprint over expansive living areas or large yards.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the neighborhood average?
This typically reflects the property’s specific characteristics—such as its smaller lot size, modest living area, and age—compared to larger or more updated homes in River East. It generally translates to lower municipal property taxes.
2. What does the smaller lot size mean for me?
It offers lower maintenance and less yard work, which can be a benefit. However, it may limit options for expansions like large decks, additions, or extensive landscaping.
3. How current is the sold price data shown?
The most recent sale shown is from January 2022. For fully verified, exact sold prices and a complete transaction history, you must request a manual lookup via email, as this site does not display MLS records.
4. Is the living space sufficient for a family?
At just over 1,000 sqft, the living area is compact. It may work well for a small family, a couple, or a single individual, but those needing multiple large bedrooms or dedicated living spaces may find it limiting.
5. The home is older—what should I consider?
Built in 1975, major components like the roof, windows, furnace, and electrical system may be at or beyond their typical lifespan. A thorough inspection is crucial to understand the condition and potential near-term maintenance or replacement costs.