Property Overview: 260 Bonner Avenue, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This property is distinguished by its exceptional scale and premium positioning within the River East neighborhood and the wider city. Its primary appeal lies in offering a rare combination of a massive, nearly 4,000 sqft living space on an expansive 1.7-acre lot (73,941 sqft), a pairing that is virtually unmatched in the local area. The home ranks in the top 1% for both living area and lot size on its street, in the neighborhood, and city-wide.
The appeal is for a buyer seeking space, privacy, and a legacy property. It suits multi-generational families, those who value extensive outdoor possibilities (from gardening to potential subdivision, subject to approvals), or buyers looking for a home with significant room for customization and expansion. While built in 1982, its above-average construction date for the area means major systems may be more modern than those in many neighboring homes. A thoughtful perspective is that this isn't just a large house; it's a property where the land itself represents a substantial portion of the asset and future potential, offering a hedge against the trend of smaller urban lots. The assessed value of $860k confirms its elite market position, being roughly double the average for the street and area.
Section 2: Frequently Asked Questions
1. How does the sold price history inform the current value?
The property last sold in July 2020 for between $800,000 and $850,000. With a current assessed value of $860,000, this indicates a stable or appreciating market value over the past few years, consistent with its top-tier rankings.
2. What does the "Elite" ranking actually mean for lot size?
The lot size of 73,941 sqft is not just large; it is the largest on Bonner Avenue and in the entire River East neighborhood for comparable properties. It is over seven times the average lot size on the street and over ten times the neighborhood average, offering unparalleled space.
3. Is the home's interior size as exceptional as the land?
Yes. With 3,986 sqft of living area, it ranks #1 on its street and #4 in River East, placing it in the top 1% locally. It offers more than double the average living space of nearby homes, suggesting a layout with ample rooms, large common areas, or both.
4. Who are the typical neighbors, and what are their homes like?
Nearby properties, like the referenced examples on Bonner and Strood Avenues, are generally more modest in scale, with living areas commonly between 1,100 and 2,800 sqft and assessed values typically between $400k and $762k. This highlights 260 Bonner's unique status as a substantially larger and higher-value estate within the community.
5. How can I verify the exact historical sold prices?
The site provides sold price ranges for general reference. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.