Property Overview: 277 Stuart Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 277 Stuart Avenue in River East is a practical, mid-century property built in 1967. Its key characteristic is its position as a solid, average offering within its immediate context. The assessed value of $339k is very close to the street average, and the home's age is typical for the area. The living space of 1,031 sqft is modest, ranking below averages for the street, neighborhood, and city, indicating a more compact layout.
The appeal lies in its established neighborhood setting and a lot size that, while below the street average, is near the citywide norm, offering manageable outdoor space. Recent sale history shows significant value appreciation between 2021 and 2023. This property suits first-time buyers or downsizers seeking an entry point into a stable neighborhood without a premium price tag. It’s a home for those who prioritize location and lot over square footage, viewing the smaller interior as an opportunity for efficient living or a future renovation project tailored to their needs.
Section 2: Frequently Asked Questions
1. Is the home smaller than others nearby?
Yes. At 1,031 sqft, the living area is below the average for Stuart Avenue, the broader River East neighborhood, and Winnipeg overall. This suggests a more compact footprint compared to many neighboring properties.
2. How does its value compare to similar homes?
The home’s assessed value is very aligned with the average on its own street and is close to the citywide average, but sits below the average for the larger River East area. This indicates it is priced typically for its direct vicinity.
3. What is the property’s recent sales history?
It sold in late 2021 for an estimated $300k-$350k and again in late 2023 for an estimated $400k-$450k. This represents a notable increase in value over that two-year period.
4. How does the lot size compare?
The lot of 5,407 sqft is smaller than most on Stuart Avenue and in River East, but is closer to the average lot size across the entire city of Winnipeg.
5. Where can I get verified, exact sold prices?
The site provides sold price ranges. To obtain exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.