Property Overview: 30 Diamond Street, Winnipeg
Key Characteristics & Appeal
This 1,200 sqft bungalow, built in 1975, presents a practical opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in value positioning. With an assessed value of $338k, it sits notably below the average for both its street and neighborhood, suggesting potential for buyers focused on entry-point affordability or value-conscious investment. The home itself is of average size for Winnipeg, but its lot, at 5,433 sqft, is smaller than most in the immediate area, which may translate to lower maintenance.
The property would suit first-time buyers seeking a foothold in a stable neighborhood, or investors looking for a rental property with a manageable footprint. A thoughtful perspective is that its "newer" build year relative to the city average could mean fewer immediate concerns with aging infrastructure compared to many Winnipeg homes. However, its below-average rankings for lot size and value on its own street indicate it may be a more modest offering on a block of larger, higher-value homes, appealing to those who prioritize location over the property's specific specs.
Frequently Asked Questions
1. What did this property last sell for?
It sold in August 2022. Public data shows a sold price in the range of CA$350,000–$400,000. For fully verified and exact historical sale figures, a manual lookup can be requested from the site.
2. How does this home compare to others on Diamond Street?
The data shows it is a more modest offering on its street. It has a smaller lot and living area than the street average, and its assessed value is in the bottom tier (#36 out of 37), indicating it is likely one of the most affordable properties on the block.
3. Is the assessed value a reliable indicator of market price?
The assessed value is for municipal tax purposes and is a historical snapshot. It can be a useful benchmark, but market price is determined by current conditions. This home's assessed value being below area averages is a notable data point for buyers.
4. What does the "year built" ranking mean?
Built in 1975, this home is newer than many in Winnipeg (ranking in the top 40% city-wide). On its street, it ranks #8 out of 37, meaning it is one of the newer homes on the block, which can be an advantage.
5. How can I see exactly how this property fits into the neighborhood?
You can open the neighborhood analysis page to view this home on a map alongside nearby properties, comparing details like year built, living area, and lot size visually.