Property Overview: 31 Morningmead Walk, Winnipeg
Key Characteristics & Appeal
This 1,580 sqft home, built in 1973, presents a compelling opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in its generous living space, which is significantly larger than most homes on its street and above average for both the neighborhood and the city. This makes it a standout property on Morningmead Walk, offering more room than the typical local home.
The assessed value of $380k is above the street average, suggesting the property is well-positioned within its immediate area. The lot size is consistent with the street, providing standard outdoor space. A key, less obvious perspective is that the home was built in the same year as the street's average, indicating it fits the established character of the area rather than being an outlier. This can be appealing for buyers seeking a home that blends seamlessly into a mature, stable streetscape.
This property would best suit buyers looking for above-average interior space in a settled neighborhood, who value being in a home that is both larger and of a higher assessed value than most of its direct neighbors. It’s a solid choice for those prioritizing space over a newer build date.
Frequently Asked Questions
1. How does the living area truly compare to nearby homes?
The home's 1,580 sqft of living area ranks in the top 4% on its own street, where the average is 1,068 sqft. It is also above the averages for both the wider River East neighborhood and the city of Winnipeg.
2. Is the assessed value in line with the area?
The $380k assessment is above the average for Morningmead Walk. It is around the average when compared to the broader River East neighborhood and the entire city, indicating it is fairly valued within the larger market.
3. What is the typical price for a home on this street?
Based on available data, recent sold prices on the street have fallen within the CA$350k–400k range. For verified, exact historical sold prices, you must request a manual lookup from the site.
4. How does the lot size compare?
The 5,629 sqft lot is very close to the average for Morningmead Walk. It is somewhat smaller than the average lot in the wider River East area but is around the citywide average for comparable homes.
5. Where can I see how this property compares visually to its neighbors?
You can use the provided "Open neighbourhood map analysis" link to view the property on a map alongside nearby homes, with comparisons for year built, living area, assessed value, and lot size.