Property Overview
This home at 7 Morningmead Walk in Winnipeg's River East neighborhood presents a balanced offering for buyers seeking a well-established area. Its key appeal lies in its relative modernity within its immediate setting and its above-average assessed value for the street, suggesting it is a well-regarded property on its block. With 1,034 sqft of living space and a 5,861 sqft lot, it sits comfortably within the averages for the city, but its standout feature is being one of the newest homes on its street, built in 1976. This positions it as a potentially lower-maintenance option compared to older neighbors, while still offering the mature landscaping and settled community feel of the area.
The property would suit first-time buyers or downsizers looking for a manageable, single-family home in a quiet neighborhood without the premium of a brand-new build. It also appeals to the value-conscious buyer who appreciates a home that holds a strong position on its specific street, as indicated by its assessed value ranking in the top 21% of Morningmead Walk. It’s a practical choice for those who prioritize a stable community character over ultra-modern finishes or the largest square footage in the wider area.
Frequently Asked Questions
How does this home’s size compare to others nearby?
At 1,034 sqft, the living area is very close to the average for its own street (1,068 sqft) but is below the broader River East neighborhood average. This indicates a cozy, efficient layout that is typical for Morningmead Walk itself.
Is the assessed value a good indicator of the likely selling price?
The assessed value of $372k is above the street's average, which is a positive sign of its relative standing. However, market conditions, the home's interior condition, and recent upgrades will ultimately determine the sale price. The last known sale was between $250k-$300k in mid-2020.
What does it mean that this is one of the newest homes on the street?
Built in 1976, it ranks #1 out of 53 homes on Morningmead Walk for year built. This is a less obvious advantage that can mean newer major systems (like plumbing or electrical) compared to immediate neighbors, potentially reducing near-term repair costs.
How does the lot size impact the property?
The 5,861 sqft lot is slightly smaller than the street average but offers ample outdoor space for a garden or recreation. It’s a manageable size for maintenance while still providing good privacy and room.
Where can I get verified historical sale data for this property?
The site provides sold price ranges based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as MLS records are not displayed due to industry rules.