23 Malmsbury Avenue

Property Overview

This home at 23 Malmsbury Avenue in Winnipeg's River Park South neighborhood presents a compelling mix of space, value, and established character. Built in 1985, it stands out for its generous living area relative to its peers.

Key Characteristics & Appeal

The primary appeal of this property lies in its above-average interior space. With 1,768 sqft of living area, it ranks in the top 6% on its own street and outperforms the average home in both the neighborhood and city-wide. This makes it an excellent choice for buyers seeking more room without a premium price tag, as the assessed value of $445k remains competitive, ranking above average for the street and city.

Its year of construction (1985) is the newest on the street, suggesting potentially fewer age-related issues than immediate neighbors. A less obvious point to consider is the lot size: at 4,736 sqft, it is slightly below the street average. This could mean a more manageable yard with less maintenance, which may appeal to busy professionals or those looking to minimize outdoor work.

This home would suit first-time buyers or growing families who prioritize indoor living space over a large yard. It’s also a strong candidate for value-conscious buyers looking for a well-sized home in an established area, where the investment in interior square footage is clear.

Frequently Asked Questions

1. How does this home’s size truly compare to others?
It offers significantly more living space than most comparable homes, ranking in the top 20% in River Park South and top 18% city-wide. On its specific street, it’s in the top 6% for size.

2. Is the assessed value a good indicator of its market price?
The assessed value of $445k is above the street average, but below the neighborhood average. It serves as a useful benchmark, but market conditions, the home’s interior condition, and recent upgrades will ultimately determine the sale price.

3. What does the "newest on the street" construction year mean for me?
Built in 1985, it is the newest home among its direct street comparables. This can be a positive, suggesting systems and structure may be slightly younger, but a professional inspection is still essential for a home of this age.

4. The lot size is noted as below the street average. Is this a major drawback?
The lot is smaller than most on Malmsbury Avenue but is close to the neighborhood average. This typically means a smaller backyard, which translates to less maintenance—a potential benefit for some buyers.

5. How can I get verified sale history and exact past prices for this property?
The public data presented does not include MLS records. For a full transaction history and exact figures, you must request a manual lookup via email from the site provider, who will respond with the most accurate information available.