Property Overview: 67 Malmsbury Avenue, Winnipeg
Key Characteristics & Appeal
This 1,800 sqft home, built in 1985, stands out for its above-average size and established presence in the River Park South neighborhood. Its primary appeal lies in its clear positional strength within its immediate community. The home is ranked in the top 1% on its own street for living area and year built, and its assessed value is in the top 4%. This suggests a property that is both larger and newer than most of its direct neighbors, offering a sense of premium standing on the block.
The appeal is for buyers seeking a well-sized family home in a mature, settled area without venturing into brand-new developments. It suits those who value space and a home that has been a long-term fixture in the community. A thoughtful perspective is that while the lot size is average for the area, the larger-than-average house footprint means efficient use of the property, potentially requiring less exterior maintenance. The data indicates you are buying a home that has historically outpaced both neighborhood and city averages in key metrics, which can be attractive for long-term value stability.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold for between $500,000 and $550,000 in August 2022. This sale price range placed it in the top 4% on its street and top 15% in the wider area, indicating it sold for a premium above its assessed value of $480,000 at the time.
2. Is the house significantly larger than others nearby?
Yes. With 1,800 sqft of living area, it is notably larger than the average home on Malmsbury Avenue (1,360 sqft) and in the River Park South neighborhood (1,410 sqft). It ranks #1 out of 67 homes on its street for size.
3. What does the "year built" ranking mean?
Built in 1985, this home is newer than the average comparable home in Winnipeg (1966) and is the single newest home among its 67 direct street peers, ranking #1. In the broader neighborhood, however, its age is around the average.
4. How can I find out the exact historical sold price?
The public data shown is an estimated range. To receive the verified, exact sale price and full transaction history, you must request it directly via email from the site provider, as this information is not sourced from the MLS.
5. How does the lot size compare?
The 5,225 sqft lot is consistent with the local area average for both the street and River Park South. It is a standard-sized lot for the community, though slightly smaller than the average lot across the entire city.