Property Overview: 282 Gilmore Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1972-built home in River East presents a solid, middle-of-the-road offering with specific standout features. Its primary appeal lies in its balance and consistency rather than extreme highs or lows. The 1,178 sqft living area is notably above average for Gilmore Avenue itself, offering more interior space than most direct neighbors. Coupled with a lot size that is also larger than the street average, it provides a good footprint for its location.
The home’s assessed value of $355k is very closely aligned with street and city-wide averages, suggesting a fair and stable valuation without premium pricing. It recently sold within the $350k-$400k range, which is competitive. This profile suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize getting a reasonably sized property on a good lot without venturing into premium or fixer-upper price brackets. It’s a home that offers the comfort of being typical for the city while providing a slight edge within its immediate block, making it a sensible choice for those seeking predictability and space efficiency in a mature neighborhood.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to others on the street?
Based on the data, yes. It has a larger-than-average living area and lot size for Gilmore Avenue, while its assessed and recent sold prices are very much in line with the street average. This suggests you’re getting more physical property for a typical price.
2. How does the property compare to the wider River East neighborhood?
It’s more average in the neighborhood context. The lot size and living area are close to the neighborhood median, while the assessed value is actually below the River East average. This indicates the home may offer better value within its specific area.
3. What does the year built (1972) indicate?
The home is of a very typical vintage for its street and slightly older than the neighborhood average. Buyers should anticipate updates and maintenance consistent with a home over 50 years old, but it’s not an outlier.
4. How reliable is the sold price information provided?
The site provides a sold price range ($350k-$400k) from public records. For the exact figure, you must request it directly from them via email, as they do not have access to official MLS sale data.
5. Who might this property not suit?
It may not suit buyers seeking a brand-new home, a premium lot size relative to the entire neighborhood, or a property with a significantly lower assessed value than its selling price. It’s a balanced option, not a standout bargain or a luxury offering.