Property Overview
1123 Polson Avenue is a well-situated home in Winnipeg's Robertson neighborhood. Built in 1955, it offers 1,174 square feet of living space on a generous 5,232 square foot lot, with a current assessed value of $317,000.
Key Characteristics & Appeal
This home stands out for its strong positioning within its immediate area. Its living space, lot size, and assessed value all rank "Above Average" when compared directly to other homes on Polson Avenue and within the Robertson neighborhood. Specifically, the lot size is in the top 6% on its street, offering more outdoor space than most nearby properties. While these metrics are more average in a citywide context, the data suggests this is a solid, established property in a consistent local market.
The appeal lies in its relative value and space. You get a larger-than-standard lot for the area and a home with above-average square footage for the neighborhood, all at an assessed value that is reasonable for the street. It would particularly suit a buyer looking for a pragmatic move into a mature neighborhood—someone who values a decent-sized yard and more interior space than many immediate comparables, without the premium of a newer or fully renovated property. It's a practical choice for a first-time homeowner or a downsizer seeking a manageable property with room to breathe.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $317,000 is for municipal tax purposes and is a historical snapshot. It can be a useful benchmark, but the actual market price is determined by current conditions, the home's state, and buyer demand. The home last sold between $250,000-$300,000 in 2016.
2. What does the "Above Average" ranking for the neighborhood actually mean?
It means that compared to a specific group of 1,730 similar homes in Robertson, this property's living area, lot size, and value are better than most. For example, its living area (1,174 sq ft) is larger than the neighborhood average (977 sq ft) for that group, placing it in the top 13%.
3. The home was built in 1955. What should I consider?
While newer than many homes on its street (average year built 1934), a 1955 home will likely have systems and components nearing the end of their service life. A thorough inspection of the roof, plumbing, electrical, and foundation is essential to understand potential future investments.
4. The lot is large for the area. What are the implications?
A 5,232 sq ft lot (top 6% on the street) offers more privacy, gardening space, or outdoor living potential than neighboring properties. It could also provide future flexibility, such as room for an addition, subject to local zoning bylaws.
5. How can I find out the exact past sale prices?
The site provides sold price ranges for transparency. To obtain verified, exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.