Property Overview: 1075 Polson Avenue, Winnipeg
Key Characteristics & Appeal
This 960 sqft bungalow, built in 1955, presents a compelling mix of established neighborhood character and tangible value. Its primary appeal lies in its generous 6,031 sqft lot, which ranks in the top 5% within the Robertson neighborhood. This offers significant outdoor space and potential for expansion or gardening, a notable advantage over many nearby properties. The home’s assessed value of $303k sits comfortably above the local averages for both the street and the area, suggesting a well-regarded property in its immediate context, while its living area is typical for the community.
The property suits practical buyers looking for a solid entry into a mature neighborhood. It’s ideal for someone who values a larger yard over a larger house and is comfortable with a home that may require updates reflective of its era. A thoughtful perspective is that this home represents a "value anchor" on its street—its above-average assessment and newer build year compared to neighbors indicate a property that has likely been maintained well or possesses inherent desirability, offering stability in its micro-market.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 960 sqft, the living area is very close to the neighborhood average (977 sqft) but smaller than the Winnipeg average. It offers a manageable footprint for first-time buyers, downsizers, or those prioritizing lot size over interior square footage.
2. What does the "Elite" ranking for land area mean?
It means this property’s lot is significantly larger than most on its street and in Robertson. With over 6,000 sqft, it ranks in the top 5% locally, providing ample private outdoor space—a rare find in established city neighborhoods.
3. Is the assessed value a good indicator of the likely selling price?
The assessed value ($303k) is a municipal valuation for tax purposes, not a market price. However, the fact it ranks well above local averages suggests the property has attributes the city deems valuable. Market conditions and the home’s specific condition will ultimately determine sale price.
4. The home was last sold in 2017. Can I find out the exact sold price?
The site provides a sold price range (CA$250k–300k). To obtain the exact historical sold price, you must request a manual lookup via email from the service, as they do not display MLS data directly.
5. What are the less obvious considerations with a 1955-built home?
While newer than many homes on the street (average build year 1934), a 1955 home will still have aging core components. Buyers should pay particular attention to the condition of the roof, plumbing, electrical systems, and insulation, which may be original or from prior renovations. The large lot also comes with higher maintenance responsibility.